agree.....made a quick trip in and out in premarket.....no big money but will see what the mms decide to do
they will use this to their advantage......End of Day trade on Friday was a 118k buy...
same here.....not many shares because who knows what the ultimate plan by the mms are BUT there have been so many large buys that they are not going to let their buddies hang out to dry sure there was a lot of hedging so they can have it both ways
all a game of manipulation strange isn't it that TWO downgrades came out the same day in the first week of the new quarter?????? The mms have their shorts to cover which IMO they are doing now....there will be a huge buy at the end of the day.....the mms KNOW where the stock will close today.....we don't I would imagine they are getting phone calls left and right from fund managers slotting them in for a buy during the next few days.....stock will not ricochet back up today or maybe not even this week....I posted earlier a close of $24.40 I now think we will close slightly over or under $24.00
Understand....might be a case of the mms gathering shares for an opening block buy scenario
this stock on an intraday basis trades in a pattern all related to the end of the day trade
As I posted earlier, two downgrades the same day in the first week of the new quarter....fishy or what. Being a conspiricist I think they were deliberately given to bring the stock down with full support (more than support) of the mms. So MAYBE to load up their coffers at cheaper prices knowing something about the contract.
I no longer hold "long term" shares...daytrading, swing trading with some predictable patterns. One thing I cannot let go of is that 90% of the EOD trades are BUYS. The wild intraday swings are the mms trying to accumulate shares for the sell to the buyer or being in a position to take on shares with a sale aka using the sellers shares to cover their short position.
Maybe I have it all backwards but it works for me.
hard to say.....can only hope it is consolidating in the low $23s much more good news than bad for the stock but that means nothing to where the stock price will go........I have beaten this drum and believe in it and that the EOD end of day trades are consistently buys.....
I was afraid to pull the trigger at $22.29 thought we would break just under $22 nice up from there, might be running abit out of steam.....still think we need to get to $24.10ish before SOMETHING happens
agree they are channel trading this puppy right now on very light volume....there should be another major drop of a buck or two but IMO very short lived.....till volume picks up mms can ride this up and down for awhile
unless someone is privy to something we don't know---SWHC mms are holding this down tonight "adjusting" their holdings to make fairer and more equitable markets for the retail investor