Replies to post #124282 on Sarissa Resources Inc (SRSR)

[Newbie_Niobium]

Key point is to note how the recent pps pullback is on low volume compared to the volume we saw that pushed us to .05 range.

I wouldn't view this as a positive. The movement described above shows low buying interest and heavy selling interest. If the float is a locked as some have lead to we should move up on Air when buying pressure comings into this stock.

IMO

[es1]

You are right the volume has been fairly low.
The volume on the 2 bigger down days was definitely profit taking. I would think most of the volume over the last week was all profit taking. But I think you are wrong to assume the flippers left.
The atmosphere here is perfect for flippers to flip. They may be out and getting out but they are not gone. They are waiting for a reload point.

Friday would have been a good time for a reload if you thought the PR would come today. Since it didnt I would say people who held off on Friday will sell today and our volume should be above normal. I do not expect a strong sell off yet. I think the flippers are waiting for a bottom.

I know I am waiting for a reload. I would like to increase my freebies. I will wait for a reversal sign.

Some think TA is a waste of time but it is much more reliable than Scotts dates so most will wait on a tech reversal

[jpp09]

Does anyone else remember August 2011 to July 2012? Low volume from .075 to .014. I keep hearing that it doesnt matter, it did matter if someone bought at anything above .02.