For what it is worth, I have to back Al as a Monday Morning Quarterback. We got an non announcement "announcement" of 2 free trials today and a slight pop in price after his post. Interestingly enough, the stock opened at 9.06 at the ask.
Someone is accumulating this stock or playing games. I think we saw the low. It would not surprise me if the volume "tech" is alluding to could be attrbuted to the MMs, Shawn, Paul W., and a few others but not the full 200,000+ shares. Shares were shaken out and they were accumulated by parties unknown. I do not see $8 in the near future but a run to 11 possibly with a settleing down to $10 for awhile. The sector is acting flaky recently.
No insult meant to these gentlemen but they could combine to stock up on the volumes of shares listed by "tech" as well as the MMs for a play coming down the road. To me, it looks like a Friday set up for a Monday pop and run for a quick profit. If it were me, I wouldn't take a chance over 9 3/4 on the buy side and then put a sell at 11 for a quick 10% including commission. It may run up further than that but CSGI will be my 10%er for Scott Edwards game for next week.
What ever anyone decides, GOOD LUCK. As or me, I have too many irons in the fire for some major plays. I am looking for a new entry in REFR and NPRO as they retrace themselves as well as new options positions in UTEK as it settles down. There is a $ 2.50 stock which I promised not to talk about that looks like it may have some legs these next few days. this is as close as I will get to playing a penny stock trade<GGG>. I also have to find an appropriate exit time for the DD5 for this next rotation (APM, RDRT, WDC, QNTM, SEG). Too bad I didn't follow my own instincts and the inputs of others on HTCH and INVX.
As long as I have your attention, I have two probing questions for you. What are your feelings on GPGI and what happened to V.SGI? The V stands for the Vancouver exchange and is the Secapl.com way of getting a quote. Either this stock dropped off the face of the earth, has a new symbol, or moved to a different exchange. Any help would be appreciated.
Andrew |
