I tend to look a little deeper than just the color, i look at LAYN today and notice it is up 6% whereas SNTA is up 2 cents. I got out of LAYN today and am wanting to go long with SNTA, but need to see a bottom form
nensa, can you provide a link that shows there were more buys than sells today? isn't there a 'buy' for every 'sell'? hence the word 'trade'?
uh, shorting is selling. and there are LOTS of 100's that are added together to create what is called a block trade. 1.4 million shares is not a lie
for now, I am and have been loading up on LAYN. its' boring but they are trading below book value and are improving financially every quarter.
Antonio - if you don't know what breakdown means google it with technical analysis.
James - NO, that is not my opinion, that is a fact according to technical analysis. NOT my opinion. check the authors of any TA book and if you see my name as the author then it is my opinion. Yes, I was talking about a short squeeze and wished it had happened, but in the world of trading stocks, things change. I have my buy order in at 2.28
you should buy before it hits 3.01 because then it can be bought on margin AND it breaks through triple resistance and will pop to 3.07 at least. especially with short covering
looks like you were right. They took it down to get enough capitulation our of longs, and now back up for the ride.
but I don't have a good feeling about this one. But normally I am wrong, so maybe we will get a pop instead of a drop. should happen by 1:30PM EST either way
geewhiz, you won't get a response from guttaboy today. His broker called him and told him he has to cover his shares. Too bad for him. But the good news is that he is get a margin call today as opposed to next week, when we are over 3.50, or possibly 4
I'll admit, you got me good. Then I expect the MM to take this down to 3 to nullify an calls due on Friday. So, I'll play you're game and get all the way out and then wait for the upgrade by stiefel on monday morning
its gonna take more than dumping 54K shares on the market. bring it on shorts. that was a paltry effort.