GREY:ATIVF - Post by User
Post by
mikerosoft666on Feb 25, 2009 2:12pm
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Post# 15802890
Watch for end of day action...
Watch for end of day action...
I can't see which houses are accumulating shares so I can't predict this accurately, nor am I smart enough to predict anything, but if this stock is still being accumulated anticipating that there is good news on the horizon, you should see a spike into .205 or maybe even .21 in the last half hour...
It's probably reasonable to assume that this stock is going to .30¢ in the very short term ( maybe I'm wrong ) and so money managers who have been advised of this one in the SPECULATIVE BUY category know that and might as well get in earlier even if for a few pennies more.
The TA would agree with that thesis although it's starting to look a little overbought. Which means they could theorize that if they are patient over the next couple of weeks they might be able to get a portfolio position at .17¢ maybe. That might be a reasonable assumption too although the Level 2 today would make me think not.
Did I mention "What do I know ?"... good... just wanted to be sure no one thinks I'm some sort of seasoned market magnate and start following my opinion... possibly mistaking it for sound advice... LOL