IMO S-8 shares hitting the open market since the m
Post# of 3844
Posted On: 02/27/2014 3:07:00 PM
IMO S-8 shares hitting the open market since the middle of Jan (ish). There were 25M shares added to the O/S and Float at some point in Jan. Not all are being sold (of course), but a large chunk may be on the ask. Volume cylinders say we should be close to done. Toss in some disgruntled sellers and some asshole flippers, and here we sit at 03.
Insiders are not selling anything!
I sent the company my T/A view on their stock.
Check out a three month monthly chart and simply look at the volume and also the money flow (CMF). EWSI is primed for a monster reversal. It has traded about 77M shares between Jan/Feb. We should be almost done.
Longs need to keep picking up these shares, otherwise the games will continue...hit the ask and move the bid sitters up if they want shares!!
Another 1/2 cent opinion from me...GLTA
Insiders are not selling anything!
I sent the company my T/A view on their stock.
Check out a three month monthly chart and simply look at the volume and also the money flow (CMF). EWSI is primed for a monster reversal. It has traded about 77M shares between Jan/Feb. We should be almost done.
Longs need to keep picking up these shares, otherwise the games will continue...hit the ask and move the bid sitters up if they want shares!!
Another 1/2 cent opinion from me...GLTA
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