Judging from the large blocks today, retailers are fast being replaced by institutions. You trade out of this stock now with the extreme possibility that buying back in will cost you more than your last trade.
"Ok, so we have a Sig. Tufulipo prowling these halls with a big ruler."
No Investron, what we have is a witness from those times who owned the stock and felt that fall from $35 in every share.
And knew that six dollars was a travesty.
But ask anyone here now if there is a difference between their stock falling to where it is today, or falling to "a buck and change".
I guarantee you it's a big difference in the way it looks, the way it feels and the way it impacts your portfolio. Words have agreed-upon meanings. You can't make stuff up and expect to get away with it for long.
Point is, Investron, you play fast and loose with the truth. There is plenty of room to be bullish here without your brand of exaggeration. And by the way, I still find you incorrect. 6.32 is the lowest price I can find and my memory is ALNY never fell below $6.
"Two years ago ALNY was a buck and change."
Investron, please name the day ALNY reached that price. Hyperbole reigns (rains) when you speak.
Once again, I think you speak of Phase 2a. There IS no 1a. There was a phase 1, and it is complete already. Your lack of correct detail undermines your thesis.
"what I've seen over 37 years of investing."
I can shoe a horse, too, but it isn't much use when one of the fuel injectors on my new car goes off.
I like the large slow down in volume. That usually leads to price dips to move on. Almost did it a while back, but the gut said wait.
You're not watching closely then. This stock bases, loses volume, and then moves up.
I watch Level 2 daily.
Yes and the visibility of true size is generally masked by such devices as "Iceberg Orders". Telling much from Level 2 is getting harder and harder.
Wyattasshat, your predictions have been all over the board. You're like an old dog I've got that is scared deathless by thunder and has become something of a predictor of the weather. He has predicted 374 of the last 12 thunderstorms we've had.
Clyde, you just gave yourself away (if there were any doubters left) as a complete idiot and a short.
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There's nothing wrong with trading a stock. What I find despicable are the two-faced louts that scream "fire" to panic others in their own direction, regardless of the existence of flames, or even smoke. Some tout their years of experience and yet show no comprehension what the real fundamental issues are. Their "expertise" is limited strictly to the numbers of movement..."this baby is going to 6" or "the bottom is falling out". I welcome discussion of real strengths or weaknesses in any stock I own. What you get from the penny-flippers is the shallowest of the shallow.