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toby3

08/21/13 7:24 PM

#12320 RE: BigBenWallace #12295

these are quick trading stocks. If your in cheap as soon as you double or more pare off 40-50% then you got your cash out & cannott lose no matter what. I think maybe ( MAYBE) we may be seeing some bagholders who were in at 50-70 cents per share or higher, holding on to losses for any rebound, so by buying up thousands of shares on the cheap they lower their cost average & hope to break even or maybe profit in the next couple weeks, Course its only 1 possible scenario. But still average daily volume about 4 million shares/ today just a hair over 100 million shares and closing near the high too. I am definitely glad I jumped in at 6-7 cents and plan to watch closely ever day till early sept. Take Care