As we know there was tremendous volume since nov 1
Post# of 7769
Posted On: 01/24/2015 9:39:28 AM
As we know there was tremendous volume since nov 12th up to january 15th. Well over 25m to 30m shares traded since nov 12th. The stock moved from .10 to .21 over 110% and hit an RSI at .21. TO PUT SOME PERSPECTIVE ON IT THIS WAS WIDELY EXPECTED AS I HAVE BEEN SAYING EXPECT ANEMIC ACTIVITY AND OVER THE LAST 7 DAYS ON AGGREGATE VOLUME OF APPROX 1.3M SCRC HAS COME IN .20 APPROX TO .17 THATS APPROX 200K DOLLARS OF STOCK VS A 6 WEEK PERIOD THAT WE TRADED 22M SHARES AVE PROBABLY .16 APPROX 3.2M DOLLARS OR 16X THE VOLUME AMOUNT VS THE LAST 7 DAYS OF 200K SHARES ON 1.3M SHARES.
We are all waiting on a very important # to determine our next move. Again the next 5 days we can come in .15 to .16 and still be in fine shape. Most of ihub sold at .12 Smuckers and the pinball wizard left .12 to .14 they cut in line. Mohammed Ali sold at .085 on 9/26. So expect more siily posts at the "den" as they attempt to get back in with their huge positions.
Bottom Line: whether .15 to .175 this week as I do not expect to see more than 1m shares for the week. NUMBERS RELEASED NEXT WEEK 5M IS STARTS ALL OVER THIS TIME NOT FROM .09 TO .10 BUT RATHER .15 TO .17.
We are all waiting on a very important # to determine our next move. Again the next 5 days we can come in .15 to .16 and still be in fine shape. Most of ihub sold at .12 Smuckers and the pinball wizard left .12 to .14 they cut in line. Mohammed Ali sold at .085 on 9/26. So expect more siily posts at the "den" as they attempt to get back in with their huge positions.
Bottom Line: whether .15 to .175 this week as I do not expect to see more than 1m shares for the week. NUMBERS RELEASED NEXT WEEK 5M IS STARTS ALL OVER THIS TIME NOT FROM .09 TO .10 BUT RATHER .15 TO .17.
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