take off the fastest and more than most. Reason is it has the greatest number of potential buyers out there.
Mr Tong, get the exclusive with Bidu and you will have your $15 stock.
Thanks GeorgiaPeach. Great timing on your SDTH.
If today is an outlier of +17.8%, then we close around 7.20. It could happen but the fight is going to be strong. The asks are really stacking up in the high 6s. These are real sellers taking 75% profit from their buys at 4. They are not likely to pull these buys. The bidders are going to have to step up for us to get over this wall. This is the first really serious resistance we have experienced during this climb. It's going to be fun to watch.
But if we get thru them, then I would expect 7.20 could be a real number.
"Because if we're still here or higher by next week...then lookout."
As usual, I thought this commentary was absolutely correct, VG.
Now today, China stocks are exploding, and PACT is higher and gathering some nice bids. What are your thoughts?
(I can't help but mention I sold the SDTH I bought a week ago at 8:20 am, wow.)
It's always risky to determine the correct entry point.
Look at this chart...
notice how we are leveling out in this narrow range. If on Friday we're still at this point, then we have accumulation and strong support.
My answer for the question about this being a good entry point is ...
Enter Thursady morning (always after 10:20 Eastern). If late on Friday afternoon we're down below 5.60, you could get out with a small loss. If we're even or higher great. It looks to me to be a 2 day risk. Because if we're still here or higher by next week...then lookout.
I hope this makes sense and of course IMO.