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Lihua International, Inc. (LIWA) Message Board

  • tdcburns@sbcglobal.net tdcburns Feb 7, 2011 10:44 PM Flag

    earnings action

    Shorts use earnings to shake out and scare more week longs. They use the short-term scare (a day or two) before covering at lower prices buying back and going long as more longs pile on and LIWA experiances some major volatility finishing in its upper range for the two days or for the week.

    Or, Liwa Kills earnings and it Gaps up and Runs.

    Broad market up again today and liwa flat with not much action. Is it the calm before the storm?

    What ever it is LIWA has been held back long enough other than that 70% run last breakout.

    Let the run to the $20 price target continue soon enough.

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0.05-0.01(-16.67%)Sep 30 3:59 PMEDT

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