I went long Monday, October 21, @ $23.43, after having noticed SNTS closed above its 50-day MA with good volume on Friday, October 18, and after conducting further research last weekend. Weekly price-and-volume action suggests that SNTS is building a second-stage base. That won't be obvious to many until the stock takes out $28.10, after which everyone will want to pile on. The most recent IBD (dated 10/28) says SNTS gets a "C" rating for "accumulation/distribution", and I believe institutional investors continue to nibble here and there without drawing attention to themselves. Did anyone else notice the three blocks of 10,000+ shares which exchanged hands in the last 5 minutes of action on Friday, October 25? Those ain't Mom-and-Pop investors looking to put cash to work. Awaiting positive news on the upcoming CC.
re:joined theparty.well a litte over half of the average volume i don't know what to tell you. i have been long for more than five years.whether i'm wright or wrong still long with more to gamble than most.i for one,will take my chances and stay long GLTA.