GREY:DGCRF - Post by User
Post by
ready2go1on Jun 21, 2010 12:31pm
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Post# 17207213
Interesting
InterestingAfter watching the first two trades of the day hit the tape, it shows me that there is currently no one watching this company. Volume is building on the bid side and it was a good time for anyone holding a larger position to cash out but no one took the bait. The share price is dependent on news and when we are in this slow period, we tend to drift down at the mercy of small sell orders at the market.
This interest on the bid is enough to push us up 10-15% today once it is seen and it will be ashame if we get a few small, end of the day sell orders. The bid is already moving up(which we will se get hit with small sales) so we will just have to see what takes place.
Remember that we will hear about Gen-probe submitting to the FDA in the next couple months. Still enough to get us above $2.00.