RE: Hey bilo, what's the market tellin'ya now?Of course, the appointment of that director could not have been the "anticipated news" that was making the stock rise faster than...well, use your own imagination. Therefore, the release of that news should not have had the usual effect, nonetheless, it did
well, reading between the transparent lines, this appointment certainly is at least suggestive of a potential partner, and perhaps much of the buying over recent weeks has been in anticipation of this "development".
i don't think the gains are over, unless today's volume represents a climax - imo, it doesn't, since this appointment creates some anticipation (perhaps unrealistic) for the other shoe (ie., partnership) to drop.
it isn't surprising though that the faster and steeper the climb, the greater the likelihood for profit-taking and a pullback (except apparently to bigwhino and his alias friends, who apparently are very watchful, sharing their "insights" here, but still can't figure out what is going on.
