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Re: unusal SP action today

By: Cactus Flower in ALEA | Recommend this post (0)
Sat, 27 Jul 13 12:41 AM | 31 view(s)
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Msg. 14238 of 54959
(This msg. is a reply to 14237 by tkc)

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i am not really a stock market poster.

but deploying my opposing forces view of the stock market - either the downwards price pressure has been released (selling ahead of the financing has stopped) or there is genuine upside force in play (folks are more hopeful).

i don't really know. but i have a general view that a solvent wave is worth at least twice its annual income. and if its earnings actually grow, i think that multiple multiplies.




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The above is a reply to the following message:
Re: unusal SP action today
By: tkc
in ALEA
Fri, 26 Jul 13 10:27 PM
Msg. 14237 of 54959

Normally it would fall to or slightly below the PP price. Today it seems to want to drift up towards your $1.50. I didn't think the PP w/o warrants would be so positively received as to cause such a response but the volume is also above average. What to make of it?


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