As we spoke about .052 strikes. There was no volum
Post# of 7769
Posted On: 02/23/2016 2:44:18 PM
Re: celtics2014 #7636
As we spoke about .052 strikes. There was no volume yesterday but no selling which has all but stopped. At .052 the stock is up 100% on the year which without looking and I won't its in the top 10% for the pinks. As they say the longer the base the longer the move. We spoke about the pattern of .03 to .039 broken to the upside. The beauty is there is very light volume in relative terms and we have gone from .026 to .052 with virtual ease. What scrc really needed was a bear market to get in gear. I am being sarcastic naturally.
Bottom Line: Follow the tape as this is the 4th out of 5 sessions that ALLLLLLLLLLLLLLLLLLL OFFER STOCK IS BEING TAKEN. I suspect there is very little inventory available currently to .08 area. Maybe 4m shares or so imo.
SCRC the comeback kid
Bottom Line: Follow the tape as this is the 4th out of 5 sessions that ALLLLLLLLLLLLLLLLLLL OFFER STOCK IS BEING TAKEN. I suspect there is very little inventory available currently to .08 area. Maybe 4m shares or so imo.
SCRC the comeback kid
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