some traders filter the activity of stocks to " no losses in 2,3, five days " and list 'em .When dow is down, have you noticed there is a lot of almost unknown stocks rising ? just to go sleepy again when the dow recovers . You have to admit though there has to be a bit of good story behind the movement (Or a really good one in the case of IRM ).in my IMO, it could retest the 60 cts next week on relatively low volumes, just like today to retrace back to hopefully 50 cts .
some traders filter the activity of stocks to " no losses in...
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