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  1. trippingthespeculatingpos is offline
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    Joined: Dec 2008 Location: San Antonio Posts: 2,884
    06-26-2009, 11:23 AM #51
    guys so far this is all good, this is healthy consolidation, we are not rocketing up which makes us more stable, instead of a big sell off, we have consolidation, which will take us further in the long run.

  2. imromo24 is offline
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    Joined: Aug 2008 Location: Steeler Town, MI Posts: 2,524
    06-26-2009, 11:25 AM #52
    thanks, 5 day helps, I knew that going into today that expectations have already been beaten so holding is fine...

    I can handle a holding day at this level...I am quite anxious to hit and stay in the .50's, thats all...

    volume dissappeared

  3. imromo24 is offline
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    Joined: Aug 2008 Location: Steeler Town, MI Posts: 2,524
    06-26-2009, 11:27 AM #53
    we actually went "oversold" on the five day and 2 day, maybe a late day run and i can still get my .49, fingers crossed.

  4. relmor2003 is offline
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    Joined: Oct 2008 Posts: 1,937
    06-26-2009, 11:28 AM #54
    Retailers are buying down here, but MM's are being stubborn. Why not much volume. They are definately not selling in large chunks at these levels today. Not enough selling, and they know if they buy right now, its going to go up. They are patient, they will wait and see how many stragglers sellers file in today.

  5. imromo24 is offline
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    Joined: Aug 2008 Location: Steeler Town, MI Posts: 2,524
    06-26-2009, 11:29 AM #55
    Quote Originally Posted by trippingthespeculatingpos View Post
    guys so far this is all good, this is healthy consolidation, we are not rocketing up which makes us more stable, instead of a big sell off, we have consolidation, which will take us further in the long run.
    cool, yes it should have been expected and thought of as good as well

    long term long term

  6. atmgeek1 is offline
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    Joined: Jun 2009 Location: Baltimore Posts: 303
    06-26-2009, 11:34 AM #56
    Quote Originally Posted by billhart22 View Post
    Look at a 6 month chart, you will feel even better than looking at a 5 day chart
    Thanks Bill, you really know how to make someone feel better, considering Feb. is when I bought in!!! Loaded up another 800K of MGLG, I liked that letter you guys posted yesterday.

  7. trippingthespeculatingpos is offline
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    Joined: Dec 2008 Location: San Antonio Posts: 2,884
    06-26-2009, 11:36 AM #57
    well we seem to be building some steam. the longer we show this is the real deal and not some spike thats going to be pulled down the more people will be willing to buy in this range.

  8. billhart22 is offline
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    Joined: Dec 2008 Posts: 4,896
    06-26-2009, 11:49 AM #58
    Quote Originally Posted by atmgeek1 View Post
    Thanks Bill, you really know how to make someone feel better, considering Feb. is when I bought in!!! Loaded up another 800K of MGLG, I liked that letter you guys posted yesterday.
    Ah, thank you. It is a solid launch pad now...check the chart when you get time.

  9. sxminvestor is offline
    Addict
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    Joined: Oct 2008 Posts: 738
    06-26-2009, 12:04 PM #59
    I'm predicting a high of .53, settling at .50 by close.

  10. mrmertz is offline
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    Joined: Apr 2009 Location: Tucson AZ Posts: 193
    06-26-2009, 12:19 PM #60
    SIRI high .5102 close .4989 volume 176,312,311. The Magic 8 Ball has spoken.

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