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NorthStar Realty Finance Corp. Message Board

  • dar200 dar200 Jul 23, 2013 9:46 AM Flag

    Another smackdown

    Opening pop to 9.97, then SMACK, a low volume dump to 9.90 in less than a minute. Shorts keep fighting the rise to 10.

    We'll see if it's just another shovel of sand against an incoming tide. Morning is cat and mouse with low volumes on the bid and ask....trying to decide how much is on the other side and how badly they want to swing the bat. Lay back and watch. Make your move after 2pm.

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    • Tuesday smackdown # 2 from 10.03 back to 9.94 took longer and more shares than Tuesday smackdown #1 and ended 4 cents above the first smackdown. Shorts are winning some skirmishes but the tide keeps coming in.

    • Shorts are spending a lot of money to hold on. At least some MM's appear to be part of the short's game. notice that the 'close' was a late AH trade at 9.87. But, for today's trading we are working off a 9.91 close. Makes it easier for shorts to show a down move. I remain very confident that shorts will loose the current game. We will see DD price before X-date!

 
NRF
17.59+0.05(+0.29%)Dec 26 4:05 PMEST

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