RE: Prices move up prices move downHey johnny22......Cadaval steal your password a few posts ago?
:)
You know the drill on these " newsletter email alerts " that recommend a stock. Apparently hit midday which is odd? 95 % of the time.....this happens!
1) the stock recommended gets an initial pop.....daytraders, chart monkeys and even from " buy stops " being triggered by unsuspecting " investors ".
2) the stock pops and " mindless daytraders " take profits..others wonder what has propelled their stock.
3) some posters think....its either a newsletter pump or news pending. Please be the latter.
4) fears are realized and it is the former
5) stock drifts down end of day holding approx. 50 % of it's " newsletter " gains.
6) those buyers who bought north of the close......30 % off the days highs wonder ... W%F???
7) next trading day the stock opens slightly higher only to bleed down into the close.
8) fast forward - a week later and the recommended stock is about where it was before the storm.
One caveat....i may be wrong!
Go Jets...Go Packers!
GLTA
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