RE: RE: RE: RE: Value and buying op!Mike,
Well then no I don't have any of that figured. Sure it happens but is impossible for us to prove. I don't think the dips are all manipulation anyway as most of the investors on the venture are retail/individuals. When ever you get a lot of investors that manage their own portfolios you are going to have herd mentality. (Buy at the same time sell at the same time) Most of us on this board claim to be longs but there will be a significant amount of others that will sell at market price simply because they see the slide happening. Today was great, but if you compare it to the day after the quake when CUU held for only a 5% drop you will see a lot of similarities.
THe news today was great for investors (longs) but a delay wasn't what a lot of guys wanted. Some will think they can put there money elsewhere and make more, others will think the dip is coming and they can sell and rebuy at a lower price. If we break 1.80 tomorrow we will see $1.65 next week. It was only 12 million volume to go from 1.89 to 1.25 after the quake.
Just my opinion, I have my buys in. If it doesn't pull back it makes no difference to me or my core position.
GLTA