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Lizards opinion is that it will gap am premarket, market makers and ecns will be in control the first hour, .50cnt to .75cnts,, and then have a nice pull back to 4 11/16 -4 3/4 during the day,, after that who knows,, but i would be dumping if i had a 100 percent return and minimizing losses if i was in this dog since last yearm,, float is a nice size to provide some intraday/weekly trades on the short side. This stock could see 8 again even though it might not deserve it but it depends on mondays media coverage,, scarcely any analyst on it to provide extra support,, sevl is swimming in lonely waters right now. I was short on friday for some trades,, but covered my last lot at 5 1/4 through instinet at or around 6 oclock realizing a short hold wasnt worth the purchasing power drain right now,, that is what the market was in the last minutes of afterhours 5 1/8 by 5 1/4 2000 by 10000,, someone took out 1500 at 1/8 on a last sell and i took out 2000 at 5 1/4.. End of summary see you monday possibly up at 6 on this lonely dog. In retrospect longs have a decent position for exiting monday. |
