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WSI Industries Inc. Message Board

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  • quebeccentre quebeccentre Apr 20, 2004 12:31 PM Flag

    low float here is deadly - sales news

    Agrre with you. Great post !!!

    Subj: low float here is deadly - sales news
    By: analyzingnetsforvalue
    Date: 04/20/04 12:21 pm

    increased sales news coming and it would be deadly to be short. Each buyer rockets this up. Volume slows and this drifts down. Last buyer wanted 100K shares and this moved from 4.1 to 4.9. Now it stablizes above 4.5 and prepares for the next run that will put the stock over 5 for good. Shoild happen this afternoon. That would probably mean a strong gap up tomorrow morning too. Minutes ago when it was in the very low fours people were dicking around over pennies. The current lunchtime slowdown at 4.5 may provide one more opportunity to build a position for the next eventual run... today

3.02-0.04(-1.31%)Jun 30 4:00 PMEDT