GET OUT OF THE WAY.
this stock has been shorted for hte last few days very very heavily, and all the ralleys are on very small volume, I noticed 1 player playing with 10,000 shares, trying to manipulate the stock, he bought at any new low, and sold right away if there were more sellers. the large blocks were all at the highs (15 5/8) and were never covered, we are getting lower highs and lower lows. This stoch will retest its lows. (10) major support at 13 and 12.5 I would not buy on the way down let them sell. buy on the way up.
Also I noticed a ton of good news bombarding us, while they are SELLING. otherwise how will the price of 10 not so long ago be explained?
this stock is being manipulated very carefully, and closed today lower then the previous close. the stochastics are showing a down shift. I shorted it on every ralley. and will continue to cover at any new low, then short again at 15 or higher. |
