Nothing un-ordinary happened, potr. The way I see
Post# of 75388
Posted On: 04/23/2015 10:18:26 AM
Nothing un-ordinary happened, potr. The way I see it, yesterday there was profit taking after a two day run up. The general price for THCZ is roughly around .22 at this point, but people were buying it up all the way to .31. And now it has settled back down to where it technically should be.
The sellers yesterday continued to take profits all the way down to $.223, at which point the sellers were all pretty much done. Then the price settled around $.24 during the rest of the day. Today, the price also came down to around $.229 in the early trading, but is settling again around $.24.
So today is no different than yesterday. In the first half hour are the "flipping" trades where people are in and out to make some money. The rest of the day is showing the general sentiment for the stock and the approximate price that investors think THCZ is worth, which is sitting around $.24
That general price is slowly creeping upward, which is a good sign. It's not going to skyrocket overnight. Ithink we are all happy as long as it continues a gradual incline.
Anything over $.24 is really "above average" and a decline back down to the $.24 level is logical.
There is no real panic here, that I see.
Just my opinion.
The sellers yesterday continued to take profits all the way down to $.223, at which point the sellers were all pretty much done. Then the price settled around $.24 during the rest of the day. Today, the price also came down to around $.229 in the early trading, but is settling again around $.24.
So today is no different than yesterday. In the first half hour are the "flipping" trades where people are in and out to make some money. The rest of the day is showing the general sentiment for the stock and the approximate price that investors think THCZ is worth, which is sitting around $.24
That general price is slowly creeping upward, which is a good sign. It's not going to skyrocket overnight. Ithink we are all happy as long as it continues a gradual incline.
Anything over $.24 is really "above average" and a decline back down to the $.24 level is logical.
There is no real panic here, that I see.
Just my opinion.
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