What a coincidence I've been on the EUR / JPY toda
Post# of 11899
What a coincidence I've been on the EUR / JPY today too, awesome crack on the EUR I wrote to some people about their being big upside shorting the EUR / JPY specifically but that was last night. Congratulations EY.
About the rest of your piece; since all I can do is speculate I figure we have about 50 'regulars' being people who frequent the stock as flippers and intra-day traders. Another 50+ swing traders who play the volume on nearly every significant RFMK bounce, and over 100 long - term holders and loaders. Issue is the share supply is limited so they can't have a buying frenzy just yet or everyone will hop on board and blow the PPS up. I agree with you about technicals predicting the PPS trend being bogus ATM, I've been using the charts as a way to gauge timing and accumulation most specifically, but truly the PPS is left to the whims of just a handful of players. Too bad there isn't a chart that shows what's going on in the sidelines.