encore I agree about this selling line for tax loss reasons- is crapola right now- as ppl will be looking to buy with the prices down on so many good stocks.
I think the rumour that MS was waiting until July 1st to release the report was to get the price down- and it worked-boom, down went the price- ppl thought they had time to move out and come back in- problem was, ppl starting calling or emailing the office and started getting other info- and the sp started north again- and on black friday.
at the end, it was OBVIOUS that someone wanted it to close on .14- maybe for charting reasons, as a lot of ppl buy when they are signal by charts- who knows- but come Mon, I think people will slowly start trying to buy up based on short term reasons- ie T+3 - in the expectations of an ann in the week.
I would also go so far as to say, it could be long term holders, who are topped up to the gills, trying to get in with a quick turnover on credit-
All I am saying , is that trading is trading- do what you need to , but don't ramp or downramp to get the price to move- and no, being excited and or upset - isnt' ramping downramping- as the INTENT to be dihonest isn't there.
I just hate all this fighting when I know some or most even hold part long and the other part they trade-
I had a legit question earlier and didn't get a response ( now I am wondering if I posted it)- why would a broker want to springboard and ann off a lower price ?
CVI Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held