re: vcr:major bragging lesson from syringe
Yawn! Meanwhile, back in the real world, MBP appears to be failing to conform with certain peoples negative expectations, somewhat unsportingly!
That's the market for you. Sometimes it just refuses to conform to expectations, turns and arbitrarily bites one in the derriere.
Seriously though, could well be news coming here. Aftea a "Sgt Schulz" response to a speeding ticket, the normal market response is a dramatic retrace.
As this has clearly not happened, three possibilities immediately suggest themselves:
(1) There is news on the way, and insiders (and their golfing companions) know it.
(2) Buying on heavy volume is by complete idiots with no idea. (call it the "syringe" option)
(3) Buying on heavy volume is by nervous shorters covering their positions (not all that dissimilar to option(2) when you think about it, lol.
Time will, as always, tell.
Chart for those interested.
I'll wait for confirmation before re-entry
MBP Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
