who could predict such things with one day to go before OE friday.?..Could I be right as to fridays close and manipulative forces doing their shananigans as I call them??? hmmmmmmmmm,,,,,,,,
She's most certainly hanging in that 12.50 range... Expiration Sept. 22... hmmmm
Still thnk it is a strong buy down here... This stock has been beaten to a pulp. Heavier volume today... and to the upside.
Sentiment: Strong Buy
Michael, yes the volume was heavier but more importantly the heavier volume was accompanied by a shorter price range.......churn.........churn and turn I suspect. Should go up and test the high of the range, $13.24 now.
To be bullish you need to see a sign of strength either inside this range (12.27 to 13.24) or a breakout up and out of the range with wide price spread and heavy volume. That could take more time. The longer it remains in the range and builds cause, the higher it can go. But it works the other way too, if a sign of weakness shows.
did not say that...Onepoint would have shorts having no rules even as to locating available shares in a sensible timeframe(I say before they can short at all!) and exempt SEC rules that mm's currently have exemptions on for covering...That kind of thinking would provide shares as basic fiat in my view..Much like Ben Bernanke printing presses..Without rules and perhaps more stringent ones with MM's as well, the shaninigans of collecting premiums by this basic manipulation will continue...would not doubt that many shorted shares are naked at this time itself...unenforced rules are the devils playground...
a whole two cents off now..Thankfully I have a longer horizon as an "investor"on most shares I own...Hard to find those types nowaday....was making apoint about manipulation...It's out there for sure....