Merril cut the rating on CREAF in April. It tanked from 14 to 8.
Mer also accumulated tons at the time if I remember, at 8.
I bought tons, sold at 11 some then rode the rest all the way up to 24 and sold and rebought at 19 and sold again at 24, as I thought that was the resistance, missing the 29.
When it did hit 29, I knew it was a short.
I bet MER is accumulating again ,,,,,
Trusting MER is like trusting an old French whore, at pier 9 , Marseille.
MER is still the biggest holder of CREAF.
MER also said buy OO when it was at 22 post split and oh yes to sell CCI at 17 ROFLMAO.
I would watch the actions next few days..........
My only concern is another Singapore co , General something, that makes software which emulates the CREAF, with any other hardware.
Joe
|
