GREY:XMTTF - Post by User
Comment by
juststocks500on May 25, 2014 10:12am
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Post# 22596201
RE:I'm betting this is a WINNER!
RE:I'm betting this is a WINNER!Agreed.
Caught up on the reading. The unrelenting bashing has intrigued me beyond normal impressions.
If I was to believe the Paid Pumper/Paid Basher concept, I would believe it solely based on the fact that it makes business sense. Unethical, but it makes business sense. I disagree with the practices, but they're there. There is so much profit at stake, not believing the practice could exist would seem overly naive.
Judging by the well orchestrated bashing ever since XME made the headlines; that alone indicates this will be a winner.
We've had a steady trail of positive bread crumbs. In typicial pump and dump stocks, this would have caused a steady climb as the only "once and for all" time for the big players to profit and sell off sharp near the end. This hasn't happened at all really. This is more than a "one-trick-pony"; we'll be riding this high for a while when it starts.
Day traders seemed to have disappeared. Not much money was made on the last NR. So indications are that investors are now the major holders of the stock.
Once the pro's realize there's nothing more to add at these levels, they'll take it up. Like you said, many chart indicators point that way. I'm unsure whether or not we'll go for one more week of "end month sells" though.
Cheers,