I've been pondering something that is probably for the more seasoned investors here to answer.
With a stop-trip event like what happened to BEHL today, wouldn't the event itself, although temporarily causing a short term pps drop, ultimately cause the pps to move much higher than before the event?
Here is my logic: the event only caused weak hands and those willing to sell on small profits to sell their shares. The strong longs held their shares. And the MMs got the weak shares for cheap. But we all know that MMs are going to sell those shares for maximum profit. Wouldn't the combination drive the pps higher than before the event??
Just something I've been considering since waking up this evening.
Cheers everyone.
in the nature of a free market , there is always a price for something. the higher we go, the "strong long" would get weaker. at some point equilibrium is reached and the stock price would plateau. supply would match demand and there would be less volatility. now IMO one you reach a certain level, the company will have to exceed expectations to get to another level. its those new expectations that will propel buyers interest and put pressure on the newer longs (or the old very strong longs) to let go of their position. either that or pay dividends. JMHO
Looks like our friends at Skymark initiated coverage of more than just BEHL today.
Take a look at IDOI chart. Skidmark released a PR initiating coverage on IDOI at the same time as BEHL today.
This is so completely a scam.
ASFX...not sure what this filing is..........
http://finance.aol.com/company/ameri...ml/sec-filings
i dont think i answered your question shots.. but ill try again. i think buyers interest has to be maintained at a high level in order for a new breakout. headfakes obv take out weak hands but there needs to be something for new longs to grasp.
Those are supposedly ones that didn't "fit" during the day. With OTC and OTCBB's they throw them in at the EOD. There is no after hours for Pinks and Bulletin boards, as you all ready know.
Regular stocks are all form T's in AH and Premarket. I think they hold some to manipulate the stock though sometimes.
Last edited by billhart22; 08-04-2009 at 11:33 PM.
Last edited by billhart22; 08-04-2009 at 11:31 PM.
Hey Matt,
Thanks for giving me that place marker. I really appreciate it . I am going over there now to see what is shaking.
Thanks,
Bill