Someone has been nibbling on TEX for about 4 weeks. On Balance Volume is up 5 million shares in that time. Considering that we are in a bear market that is a very decent outcome. Typical bear market behavior constantly flushes out weak longs at lower prices and we have just gone thru a successful rights fundraising that seems to be flushing out some of that new money back into the market without a continuing fall off in the sp.
The oppies are also looking quite strong this morning. Good luck to all longs
nibble nibble nibble
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)