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Vringo, Inc. Message Board

  • allaboutthestats allaboutthestats Feb 16, 2012 4:39 PM Flag

    TODAY

    Light volume and few sales yet the price drops. Technically there is nothing but air below the divergence graph and the MACD and EMA are merging (look at your 30' and 60'charts). Also, note that your Divergence is thinning out. This stock is being held down (i.e., manipulated) for a reason. This is why the plug is pulled when it starts to gap up. IMO A bullish trend is starting to develop. Don't let this price fool you (all the more to keep most skeptics away while at the same time yielding opportunity). A strong reversal is coming. The question is why is the share price being manipulated down? PERHAPS there indeed is a large buyer accumulating. Whatever the reason, when this does reverse you will not see these levels again.

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