I think the selling on this one could be attributed to a few things...none of which are all that threatening, neither jointly nor severally.
I think there are some people who went a little postal over last week's news release, but to them all I can say is don't let the door hit you in the butt. If you can't see the benefit of Arcon precisly defining itself in a single arena (DF144), then you don't need to be here, nor do we need you. Ta-Ta.
I think the second group of sellers are the daytraders, who bought in on the momentum of the news three weeks ago. They momo'd it, and they are taking there little 10%,20%,30%, whatever. This stock is WAY to strong for them to hurt. To them, too, good riddance.
I think the third group of sellers would be "all other" and would include those who simply grew impatient for the stock to move. This is the group that will be singing the blues very soon imho. To them, I will leave it at a polite "Thanks for the buying opportunity"
Just My Opinion,
:-)
Binder |
