I agree cpa as I have often been carried away also. But we had 1.70 in sight this morning until the market turned bloody red. A fall back to 1.60 would have been understandable, since that was the offering price, but a drop to 1.52 is not justified by today's market standing, nor does profit taking explain such a steep drop
Although Marxe remains a specter, there is no indication that he has sold after 6/28 thus far., and what he has sold was above 1.65. Until he resumes selling and at what price, it is best to hold back judgment. All we can do is sit back humbly and scratch our heads.
Aj i respectfully disagree with u and my boy grle.imo ecty does not move with the overall market.for example if rthe dow went up 800pts tomm as long as marxe is selling we would top out in the mid 1.60s .sometimes it may but i think ovetall it does not.
Interesting that I had a small sell in @ 1.69 , just for trading purposes only, we did hit 1.68 today .. I can not tell you how many times I miss a trade by one penny here ...I did pick up more shares @ 1.53, but I was hoping we would never hit that again ;-)