Just looking at the periodicity of these trades, on most occasions there is around a three minute gap before another trade goes through, it is happening with monotonous regularity, there is the occasional one that differs from this, those are the times I believe they are genuine trades, the others are just coming from a bot trader imho they are working overtime, why?
The selling makes no sense when we all know there is news coming, OK there may be a mad rush for the door when it arrives and is bad news? I don't believe that will be the case though.
I have done my research, I have to believe in what I am seeing otherwise why bother? I may end up looking the complete fool? simply because I wear my heart on my sleeve here, but I really don't believe that will happen somehow?
GLE would not be hiring the people that they have for Wilmington that they have already, they would NOT be applying for the DoE contract at Paducah, they would have known well before now this that the system doesn't work? the DoE would be madly looking at other options at Paducah if GE didn't look like making a decision to go ahead, remember they have been part of this lately.
The builders at Castle Hayne would not be building a new development just on spec, there were plenty of builders that went broke around that area over the last five or so years with the securitization meltdown, why would these builders be trying to join them, if they thought they couldn't sell what they are building, why would they have paid for the sewer upgrade in the first place recently, are they expecting a large workforce increase, you bloody well betchya they are!
SLX Price at posting:
$1.28 Sentiment: Buy Disclosure: Held
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