Thats what churn & consolidation is all about Froogy.People have...

Thats what churn & consolidation is all about Froogy.

People have just come through one of the worst stock market slumps in history. Many have held onto plummeting stocks & seen their fortunes, nesteggs & super funds slashed & burned!!

So suddenly their shares & trades start making small profits & so what do they do? "I am not going to miss out on my profit", and they sell, locking in profits - often way too early.

I wonder how many have done that with EXT? Heaps I reckon. They are doing the same with BMN. Still have nervous trigger fingers, and are prematurely locking in their small gains - way too early. New buyers though are becoming more bullish, have higher goals, and are often free of the painful memories some had, who might have bought at $3 and saw it plummet to 22 cents!! Then suddenly it all starts to come to a head: A big buyer wants stock, there is suddenly a share squeeze, traders want a piece, old holders want to get back on board, etc etc, and suddenly the horse is out the barn & off.

Slowly we see the tide turning.