GREY:IPHAF - Post by User
Post by
InterestedPartyon Apr 08, 2008 11:25am
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Post# 14948817
Minor Profit Taking
Minor Profit TakingOnce we get these profit takers out of the way, it will be clear sailing the rest of the day.
You could see by closing yesterday the Gap was to big. We closed at $1.02. The Bid was still at .97?
Now that they are out of the way, you can see the Ask is already climbing and it will move up slowly from here on.
Its just a minor adjustment which was anticipated.