"Just another emulator" in regards to whom?
No disrespect intended here, but I have a hard time basing my investment decisions, be they short, intermediate or long term, on a three word comment from a poster on Silicon Investor, or any other stock message board for that matter.
If the stock is under distribution here from large investors, a 13-G should tell us in a few weeks. Somehow I doubt we'll see any filings. My guess is more like blatant manipulation, price and volume charts tell the story, who the manipulators are is anyones guess, but I think we all have a pretty good idea...
Recent news announcements tell the real story here though, and the volume alerts accompanied with price ramp up were there to raise the awareness levels. Any stock that rises on a 75 degree angle accompanied by huge volume is being dumped by market professionals, the key however is the action and VOLUME afterwards... and the action here says that market makers want their shares back, as many as they can get, so they can mark the price up again.
I would think that three times the floor would be a reasonable markup here.
Best Regards,
JM |
