GREY:WFEMF - Post by User
Comment by
Segusmundoon Dec 13, 2012 7:04pm
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Post# 20727663
RE: RE: Support chart
RE: RE: Support chart Thanks for your post, Mercury. I was composing my last post while yours was being published, yet, coincidentally, we arrived at the same potential "double result" in our posts! Love it! However, I must admit I completely overlooked the most important news you pointed out, the IMC Feb. announcement!!!! Aside from that, I hope this .32 sticks, we see some sideways consoldation, and then make a run on past .38 resistance, with or without the N/R for now. The volume was almost 900k today, so a lot of weak hands have been taken out and hopefully replaced by new investors who are ready for the ride and willing to assume the risk at their new current "in" price. If the stock drops a few more cents, so be it. But, I think we may have found our support level. Hopefully so. Thankfully, what we haven't seen in this correction is major volatility with will wild price swings. Rather, we have experienced a nice orderly correction. Hopefully, everyone that wanted to take profits or avoid risk is now out. Its time for this stock to rock!