RE:RE:Market yawns at newsThat post about how to write an nr I fear may be a tad harsh, and this is coming from someone that doesn't have a postion at present...... When I feel it has bottomed, which very well could be at 52/3 unless 50fails I will eventually take a postion again but like I say I feel this is under great short pressure and not for lack of trying to get this substantially higher...
So why hold back an nr?? the market chomped and if they did hold it back they likely were waiting for the ideal time.. That ideal time may have been a few weeks back when this had mojo in the 60's. So did they have this data and not report it? who knows, only speculation.. What we do know is there hasn't been a lot of IDEAL opportunities in the past 13 months when most great news was a SELL on NEWS event.. This market is SELL on news so I wont be critical of management... This stock doubled off the bottom, that in itself is better than most of these plays... SO patience is now required.. CASH is king in this market and I am biding my time until I feel there is that lightbulb moment and hopefully the switch gets turned on b4 the masses recognize it.... I personally don't mind a beaten up market when you Are in that cash and wait postion to pick up the scraps....
good luck to all longs and never to the shorts lol ..