VNDM's final lunch time bear raid

As mentioned earlier, VNDM, the most prolific manipulator of TECO stock, was positioning themselves to attack the stock early today, and here they go with bear raid.

http://investorshangout.com/post/view?id=180049

Their objective is to trick retail investors into believing that bad news is on the horizon. Let me tell you something folks, if you sell because a stock is "going down" and buy because a stock is "going up" you are probably losing money 8 out of 10 times. If you use that as the sole basis of your "trading strategy" without the refinements of technical analysis, then you would have bought AAPL at 700 bucks in September because you thought that the stock making new highs ahead of a product release and ahead of earnings. AAPL is now down from 700 bucks in September to 540 bucks.

That same reasoning applies at the lows of stocks. When a stock is already trading at a major low going back to April 2011, it is telling you that any bad news has already been priced in and that risk reward dictates upside. Put it this way, would you short the TECO right now? The answer is no, because the chances of upside outweigh the chances of a significant downside move. The only people shorting the stock right now are the bears like those from VNDM who want to mitigate the momentum that will be generated once the rally on this stock begins.

Stocks trading into a major support going into a major news catalyst such as earnings is a major contrarian indicator. When applied in conjunction with the other indicators mentioned yesterday and what we know fundamentally about the stock, which is that they have oil and have been keeping quiet until the earnings announcement, the odds favor upside. Use this to your advantage and put the bashers on ignore. They are wasting your time.