Wally,
Thanks, I didn't know it was on that chopping block.
Same thing happened with NETA, BTW, which is getting the heave-ho along with APCC
askresearch.com
NETA looks far more manipulated than APCC, which seems a more bona fide equity/company. Here's a portrait of a perfect cat signal, detail, a scuola di MOAS:
askresearch.com
There was tremendous activity on the way up with APCC at 10 1/6; literally dozens of institutional trades there, including one of 100K. That was either someone getting in or out; if it was in, this should pop for 20 to 40% next week, as it would be a classic case of new ownership. If it was selling, you could put a sell stop on any order (or short) the moment it hits 10 1/32, and be looking a super high risk/reward trade.
Or the market could keep plummeting, making a MISH-MASH outta this here MOAS.
I'm out of town till Thursday; good luck to all, and remember, there's no reason to fight a crashing market. You can always be on the sidelines watching future profits grow.
Ivan |
