Can Daytraders Co-exist here with you Longs?
Hi, I'm new here, and would like to represent people
who may be daytrading your stock. Now, I'm sure you
all hate me by now, but let's be realistic, there are
a lot more of me than you'd like to believe. Anyway,
from a daytraders standpoint, this stock really lost
volume momentum around lunchtime, and there simply
was not enough new buying to offset the profit takers.
Obviouly, the spreads tell us there is little float
around that is involved here, so daytraders ARE a
factor here, as they toss around the few shares in
play. For the few of you who can see thru their rage
and listen, I'd suggest you consider that many of
us turn our screens off early Friday's to start our
weekends. This means you will probably see more
volitility tomorrow AM, and the PM hours will give
us a clearer indication of where the stock should
Open and trade on Monday, if there is still no real
news or press on this stock. So I'll be a buyer if
the stock rises Friday PM, and a seller if it falls.
I do enjoy the DD and loyalty to this stock here that
your followers are demonstrating, and will not use
this thread to push the stock where I'd like it to go
in any given moment. I simply want to go on record
here, and let my actions speak for themselves. So
I'm still holding half my position, and will decide
around 2:30pm if I want to buy more, or sell out
depending on how this stock behaves when it's calm. |
