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Bacterin International Holdings Message Board

  • bioinv12277 bioinv12277 Dec 30, 2011 5:03 PM Flag

    $2.86!

    Nice close with a huge buy at the end of the day at $2.86. Went through the moving average resistance levels like a hot knife through butter.Fourth quarter ended today and according to the company it will be another record one and another record year. Not many companies can say that every year.

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    • see you back in the lower $2's.

    • smarterthanyou2@ymail.com smarterthanyou2 Dec 30, 2011 10:22 PM Flag

      Can only add : not many Companies can say that
      every year and on top of the Great Recession too . This stock is a screaming screaming buy . Even Still .

      • 1 Reply to smarterthanyou2
      • I thought Friday's end of day 13,000 share $2.86 spike trade was a fluke.

        Now we need to complete the "backing and filling" in order to resume the uptrend.

        End of year tax selling is complete and first day of the year re-allocation trades are holding the stock price to right where Friday was trending.

        This should be fun to watch as earnings get closer!

    • Tested the 50 Day moving average today on light volume and bounced off nicely.

      Since it was the last trading day of the year it was a very slow market. "Backing and filling" was the order of the day.

      Then we had an interesting finish with someone buying 65,000 shares in the last 10 minutes of trading and a fluke closing print at $2.86, (the bid and ask were $2.75 x $2.77) so a "buy on close" order may have been caught in that last 13,000 share buy...

      That, or someone knows something and really wanted the stock. My guess is we will open closer to the $2.75 mark on Tuesday when we resume trading then, resume the uptrend...

      Have a great new year!

    • Tested the 50 Day moving average today on light volume and bounced off nicely.

      Since it was the last trading day of the year it was a very slow market. "Backing and filling" was the order of the day.

      Then we had an interesting finish with someone buying 65,000 shares in the last 10 minutes of trading and a fluke closing print at $2.86, (the bid and ask were $2.75 x $2.77) so a "buy on close" order may have been caught in that last 13,000 share buy...

      That, or someone knows something and really wanted the stock. My guess is we will open closer to the $2.75 mark on Tuesday when we resume trading then, resume the uptrend...

      Have a great new year!

 
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