GREY:CUDBF - Post by User
Comment by
onbradleyon Jul 13, 2011 5:06pm
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Post# 18828277
RE: RE: Read this BEFORE you invest in Petro One E
RE: RE: Read this BEFORE you invest in Petro One E"Today we had the pop, and then level out, and it was not retail that was supporting it around $1.50, that was big money accumulating, allowing shares to come to them. It could have been current institutional shareholders adding, other oil and gas companies with cash, mutual funds or all of the above, but there is no stock."
That is exactly right when you see Anonymous and Jitney buying the stock. Whatever company, HNW group, or institution is accumulating doesn't want the market to know.
They count on nervous nellies thinking who don't do the research thinking this is just another penny flip and putting in goofy stop losses and selling scared.
This thing is one a 3 day tear against the market, and a year-long tear against a punishing correction. Believe me, the power players have looked at this and are accumulating at all points whether the stock is weak or not.
All y'all who hit the panic button to just gassed your stock to a bunch of huge players and funds who have folks who are smart enough to go through PRs and presentations and crunch numbers.
Better not make the same mistake tomorrow!