RE: Selling PressureSpobot
I believe they are called shake outs, do some research on price history of , PLE, watch how its price moved up in i think it was jan of 07, then go wiped and then surged again to new highs. The money managers can see all the stop losses, and seller blocks, so they will dump into the sells and gobble up all the cheap paper, so they can steal your shares if you are not paying attention. Most recent shakes that I have seen are in NOG and P, dont worry! down side 5-10 cents up side 1-2 $ that is a good bet for anyone. Anyone have anything to add?