OTCPK:JENGQ - Post by User
Comment by
truestaron Jun 21, 2014 9:52am
291 Views
Post# 22682479
RE:RE:RE:trading
RE:RE:RE:tradingA late Friday move is rare unless premeditated. It means someone is taking a position and wants to buy cheap as usually late Friday there are few buyers and generally is a good time for shorters to push down prior to the weekend. A reversal of this would mean that there is either someone taking a position prior to the water heater deal closing, or perhaps short covering for same reason or for some other reason.