TSXV:GLG.H - Post by User
Comment by
lakeshoreloveron Jan 14, 2010 12:33pm
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Post# 16678932
RE: RE: RE: RE: RE: RE: shorting now
RE: RE: RE: RE: RE: RE: shorting nowThe rise is all market maker activity - the rise has no legs.
By the way ... box?? My policy is to never email at 2 in the morning, Sophia. You should take that advice.
Do you and Eunice work for GLG? You two working in the office there? I've been reading some of your posts, and you two should fess up that you work for the company and you're flogging the stock.
The head and shoulders had the first shoulder July to Sept. Head sept. to Dec. The neckline doesn't have to be horizontal, in fact this one is slanted to the downside. Head and shoulders are reversal patterns - after the final shoulder the stock should move up - after it hits it's trend line at $6.50 or lower. That Oct. squiggle is just a series of corrections.
On another slant, everyone, no one owes anything to a stock - the market has no morals or value - it's all about making money, and nothing more.
F.Y.I. I stopped out and made some $$ already, I won't say if I am shorting or long for the day, But the several week trend, assuming the market maker doesn't bankrupt himself to manipulate it is bullish for GLG