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China Integrated Energy, Inc. Message Board

  • acorisk acorisk Jan 11, 2012 10:42 PM Flag

    First close over 50 day exp moving average in 15 months!!

    50 cents right now is above 50 day moving average.
    - this is the first period of closing above the 50 day Exp moving average (a bullish sign) in more than a year - it hasn't happened since the fall of 2010.

    More shares to short (so more covering occurring)

    Stock up 50% from lows earlier this week.

    First close above 50 day moving average.

    Volume nearly double (130K vs 73K 3 mo avg)with end of day strength.


    What does the market know? Why are shorts covering? What happens when the investigation results get posted?


0.280.00(0.00%)Jul 31 10:23 AMEDT

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