RE: RE: RE: RE: RE: RE: RE: RE: Shakeout or leaked All this talk about "leaks"-- i don't think it applies to POE.v at all here. After the last run-up to the mid-$4s, there was a gap in the chart around 3.60. One would think it would be a "breakout gap" not needing to be re-traced, given all the great prospects for POE, but the programmed trading bots doing most of the trades have evidently been programmed to re-trace and "fill the gaps" on all stocks that still have any speculative quality about them.
The overselling all the way back down to the 3.20s was, IMO, merely due to the "risk off" mood of the skittish markets and the correction going on after the Fed remarks and this silly Italy thing.... The bots wanted to see if and how POE would re-test the 200 dma.
It's all just T.A., programmed selling, and irrational overselling 'til actual news comes in for POE.
Any bit of good news and, with Chen Lin and others supporting this stock, it should easily run back into the $4s and higher.
Again, jmo.....