RE: RE: Any pullback is buying opp. Wrong about any pullback being a buying opp?
or that we will have a pullback at all? haha
on a day to day basis you gotta think day to day.
2-3 million shares were accumulated from the 17th-22nd
the 23rd-25th was people catching up who missed the bottom as volume decreased
now today on the 25th, 2-3 million shares that were bought a week ago are sitting at a an easy 12% profit.
That is enough for a lot of people to take profit in this market.
Yet the smart money knows an announcement is coming thursday.
Dumb money will take their 12% profit and drag the price down a little
now only 500,000 shares or so have been bought in the last 2 days above .95 we need people to take profits and grow the base of shareholders that own the stock around .95-$1 because right now the day to day base owns it around .90 which leaves it more vulnerable to being sold off.