No sell off yesterday and average volume (just ove
Post# of 41414
Posted On: 07/18/2014 9:03:21 AM
No sell off yesterday and average volume (just over 4 million shares when 13 week average is 4.75 million/trading day) suggests to me that a good portion of these shares are now in the hands of Longs who have confidence in and who know where BLTA is headed (into the stratisphere!).
Those (newbies) that are sitting on the fence and watching need more re-assurance. Like "rocco" on the other site, when they get positive PR news of forward progress, they will jump in.
They are not as concerned about paying a (slightly?) higher price for BLTA, it is just that their level of tolerance for risk is much lower then the current holders of BLTA.
They prefer the trade off: greater security for higher price.
They are the next and the newest round of investors that will ultimately take BLTA to 10 cents and beyond.
Patience. Good news is right down the road. This will begin to happen in the very near future.
Those (newbies) that are sitting on the fence and watching need more re-assurance. Like "rocco" on the other site, when they get positive PR news of forward progress, they will jump in.
They are not as concerned about paying a (slightly?) higher price for BLTA, it is just that their level of tolerance for risk is much lower then the current holders of BLTA.
They prefer the trade off: greater security for higher price.
They are the next and the newest round of investors that will ultimately take BLTA to 10 cents and beyond.
Patience. Good news is right down the road. This will begin to happen in the very near future.
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