to all who care..
Once again the idea of holding and accumulating ALYD, Without trading it, falls to the waste side.
Yet once more, we see that ALYD will be a volatile stock that will offer excellent trading opportunities.
Those who have followed my price levels, buy/sell targets, have seen that it is very easy to trade this stock on the technicals, while waiting for some of the fundamentals to catch up.
The move on Friday was based on heavy volume, and it can't just be as easily dismissed as saying "the MM's are palying with the stock".
MM's play with the stocks on light volume days... When a stock trades more than 90% greater than its avg. daily volume, it is a sell-off, pure and simple.
I find it amusing that someone who doesn't have access to Lev. II , a tick chart, or knows any of the MM's, can say he follows this stock more closely than others who do.
I am also happy to see some of the lurkers on this thread come out and speak their mind regarding management.
It is my opinion that Bob Gruder has had more to do with the volatility of this stock, than the MM's or any other market influences.
Making wild revenue projections that are not met, saying ALYD was profitable when they were not, selectively releasing information to a local paper before it officially announced by the company, continuously making press releases on Friday, making press releases that don't contain the number of lines of code or other relevant information, selling stock in offshore deals, etc....
Before anyone tries to stick up for "slick" Bob, let us not forget that just in the past few weeks, ALYD talked to the Charlotte Business Journal, and the reporter "mysteriously" just happened to know what ALYD's year end #'s would be.
Mr. Mitchell tried to say that ALYD never gave this reporter any numbers, but I think even he was a bit bewildered when he saw the Q4 numbers match up EXACTLY with what the reporter had mentioned five days prior to the offical announcement. |
