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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: hotlinktuna who wrote (58794)6/8/2007 4:04:32 PM
From: kuntahene  Read Replies (2) | Respond to of 59879
 
Tuna, I think this **MAY** be a good sign. It may be one of those cases where the sellers have done a pre-arranged deal with a broker to short like crazy these past couple of months and now that they've registered the shares, the broker will cover the short with the registered shares?? I've seen that before... it locks in good prices while nobody knows what's going on. Even if so there may still be some selling, but it could also signal the end of this slide. Afterall, the forward-looking PE right now is around 3 or less!