I have only seen one story in the news about the Paramount
I have only seen one story in the news about the Paramount deal. They must be waiting until more movies are loaded to make a big press release.
The wave structure of the SP has just completed a wave 2 flat, and with any news at all it could unfold into a wave 3 reaching near .02 next week. Otherwise it may continue to meander thru another week of correction with a small downward drift before making a move in either direction.
Although there is a small amount of daily shorting going on, I think it is too risky to for them to short too much.
The fact that there were million share orders left on the table the last few days proves there is no large dumping going on. The SP is wound like a tight spring, should be exciting next week or two.
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