Upper BB pushed up to $4...
Dropped a few logs at 3.97......MarginLogs........just to be safe and lighten my load a bit though I feel we test $4 ish....+ as my man RC has stated.
I sold a load 70k shares this morning at the bid of 3.98. It instantly went down and hasn't the legs to get up again. Last time this area was seen was Dec. 3, 2007 at 3.94. The price hasn't exceeded that until this week. So this is still historically an area of resistance.
We should be Setting up for a bounce in the next few minutes, we may not get our $4 Denco, if not $3.99 is close enough in my book. I think we'll start consolidating starting next week. Especially with the ding dongs we have up on the hill going to battle next week accomplishing nothing.
Last edited by Redcloud; 09-20-2013 at 03:11 PM.
EDIT: Any positive company news will pop this BITCH
Last edited by denco1; 09-20-2013 at 03:27 PM.
PURCHASED THE CABIN IN THE WOODS...THANKS MEL, MALONE, AND THE BLUE DOG