purely TA theory posts, page-194

sure enough the large buy order at 5.1 was pulled. the 1 mill shares look suspect at 5 and 4.9 too. I was about to pull the trigger on a quick trade on 5.2 but not liking the potential smoke and mirrors... maybe at 4.8 or something, but for now the lack of buying conviction is not looking great.

I can deal with lack of announcements and jittery nerves but one may need to examine taking losses if it means extrapolating that something sinister is going on behind the scenes that insiders know... if it's the former and not latter than this is merely one of those moments where risk takers will be rewarded. But for every one of those type of stocks there's also the dog stocks that never recover or you find out why it was dropping when they drop a negative bombshell announcement a few weeks later.

Not advice anyway... but i guess holders will have to decide which camp they sit in firmly soon, or there will be alot of psychologically nervous holders .