GREY:STPJF - Post by User
Post by
awol1on Jun 10, 2011 3:51pm
363 Views
Post# 18700930
tks Wannamine
tks Wannaminethanks for the chart wannamine. What site are you using for this chart?
Last time, after the run up to 1.95 it dipped to 1.61 and i added to my position.
I'm long on stp, holding to the next reserve update. I'm surpised it dipped this low today. I didn't have the stones to add more though. I've been in for several years, adding in the past as it dipped. Average $1.17.
I sometimes think the banks or large holders force it down so that people using stops get triggered to sell so the banks etc can load up even more. Or it could simply be people playing the up and down on the stock. I don't want to sell since i'm afraid i might not be able to buy enough before the next pop. Although i would have been quite nice to sell around $1.85 and up and buy back now, i'm not one on the technicals. I will continue to hold....
Hopefully we can get somewhere near to the $3 to $4 mark again in the near future.
good luck to all