Originally Posted by
JohnnyIrishXM
We are on the verge of total capitulation and hopelessness for some retail investors who are avg at .40 to .67 to break even,they are pissed they didn't sell last time it reached .63 and IMHO as what i've seen written in postings in some places,they are ready to sell and move on,which is excactly what MM's have been trying to accomplish with this sideways down action..
to the contrary Relmor,when it dropped to .325 range alot of buyers and sellers moved in to level2...They liked what they saw and I think they are getting ready to let this puppy run upto the high .50 low .60's range and pick up about 150 mil shares along the way...
P.S. Now remember this will probably happen in 1 or 2 days and go right back to probably .40 range IMHO