GREY:MERMF - Post by User
Post by
millionvesteron Oct 13, 2010 2:33pm
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Post# 17559835
Not to stop the train but...
Not to stop the train but...I have a feeling there is going to be a major sell-off between now and 4:00... I already see the momentum slowing down...
All those guys who bought at .27 just a day or two again are going to cash out... Rule of the stock market, never leave your money in a stock at the end of the day... day traders *will* cash out.
Also, Meritus has had "false" climbs/sell offs before. Although I think this stock is a good long and there is definitely news in the works, I have an itch we might close around the 40 mark.
Perhaps a good time to re-position. Hopefully I'm wrong.
GLTA