Two words: MASSIVE VOLUMEWell, I must say, things are looking up. BIG TIME.
Today we were up 2 cents on MASSIVE VOLUME.
I had a talk with my friend today who told me that when you get huge volume like today its a really good sign. He said that it doesn't matter if the stock goes up or down on big volume - it just matters that the volume is BIG, but when it goes up, its a bit better. He said that even if a stock goes down on huuuuge volume like today, its okay because it means people are still buying the stock. Its just a bonus that it went up instead of down on the big volume. Today was a BIG day volume wise. To put it in perspective:
if we take each stock traded today and imagine its a person buying a ticket to a football game, you could basically fill a stadium full to capacity. In other words, today we got a STADIUM-SIZED volume up-day. We could fill a 60 thousand seat stadium with the volume we had. I am really excited, because big volume, means BIG GAINS. And thats what I'm counting on. 1.67 by May 10th ,2010.
C
Disclaimer: Please don't buy this stock based on what I've written. Do your own research. Or, get a friend who knows what he's talking about. My friend knows a lot about stocks so I trust him. I also go to a lot of football games so I know all about what kind of volume it takes to fill a stadium full of people (shares). But if you don't have good friends in the right places, or go to football games, then please, make sure you do the proper thing and really make sure you know what you are buying. For me, its pretty much a no-brainier. I'm so happy. I'm going to buy my friend lunch tomorrow to say "thanks" for all the good advice he's given me.