market is starting to wake up, page-7

What I have been looking for in the postrights trading is the volume and direction.

Pry to, Westside has been a highly illiuqid stock.

There is substantial support atm which to me indicates very active buying. The prospect of having a shazaam 80% margin on capital is very very appealing, so I have expected there to be substantial pofit takers/sellers in the market; especially consideering that there was a 2.7 times over allocation. There has been a solid spike in volume, but it has been well absorbed, hence, my conclusion is that we have a large buyer lurking and absorbing the stock.

You know what this means.

I bought MPO today for the first time to get a decent spread and take advantage of their 'ignored' status at present.


Go Westside!

SF