'TxPm' pid='26639' datel Wrote:One other thing. Anyone else think its ironic that no US media picked up Oneil's comments last night but they all picked up Duma's last week. Nothing on SA, Yahoo, or Flyonthewall today but all had info from Duma last week.

Yeah, suspicious isn't it?  Somewhere there have to be black helicopters.  This might be the place.   We'll know for sure when SHU sees the DOS attack ;-)

'TxPm' pid='26635' datel Wrote:Im showing next resistance at $91 & further resistance at $106. Im in agreement with the two posts above though that a deal makes these levels obsolete. Pre-deal I expect us to pass the $91 level and begin to test the $106 level

It looks like we've now reached the $ 91,00 resistance you mentioned " border="0" class="smilie" src="http://shareholdersunite.com/mybb/images/smilies/undecided.gif" />

'SeKreet' pid='26683' datel Wrote:

'TxPm' pid='26635' datel Wrote:Im showing next resistance at $91 & further resistance at $106. Im in agreement with the two posts above though that a deal makes these levels obsolete. Pre-deal I expect us to pass the $91 level and begin to test the $106 level

It looks like we've now reached the $ 91,00 resistance you mentioned " border="0" class="smilie" src="http://shareholdersunite.com/mybb/images/smilies/undecided.gif" />

Margin buying knows no resistance!  More in the a.m.

(08-07-2013, 03:50 AM)SeKreet Wrote: So why is PPS plummeting all of the sudden? Are the shorts attacking?

I suspect some traders locking in some profits.  Could also be some MM's trying to trigger some stop loss trades, knowing this is the week the news is announced!

'SeKreet' pid='26690' datel Wrote:So why is PPS plummeting all of the sudden? Are the shorts attacking?

Traded very stable at $90 over 650,000 shares then on low volume drops off the cliff for $2.50 .  I think it is the market makers, they have been letting this happen for years but not sure, maybe a programed trade with little sells all the way down.  I do know this happens when volume drys up. Seen it way to many times.

'Optionray' pid='26691' datel Wrote:

'SeKreet' pid='26690' datel Wrote:So why is PPS plummeting all of the sudden? Are the shorts attacking?

I suspect some traders locking in some profits.  Could also be some MM's trying to trigger some stop loss trades, knowing this is the week the news is announced!

Maybe I'm just a dumb guy but that does not make sense to me,... knowing/suspecting there will be (good) news, one wants to buy, not sell.

(08-07-2013, 04:05 AM)SeKreet Wrote:

(08-07-2013, 04:00 AM)Optionray Wrote:

(08-07-2013, 03:50 AM)SeKreet Wrote: So why is PPS plummeting all of the sudden? Are the shorts attacking?

I suspect some traders locking in some profits.  Could also be some MM's trying to trigger some stop loss trades, knowing this is the week the news is announced!

Maybe I'm just a dumb guy but that does not make sense to me,... knowing/suspecting there will be (good) news, one wants to buy, not sell.

Number of scenarios for some traders

1) Buy on Rumor, sell on news -  (Maybe someone jumping the gun thinking the pps reflects the news)

2) MM's - playing games trying to put a cap on the pps, or trying to trigger some stop losses.

3) Someone meeting their short term profit objective after buying in the 60's.  What does Jim C. say?  Pigs get slaughtered

4) MM's having to adjust price based on put to call ratio

I expect a positive close, guess we'll see soon enough

'Optionray' pid='26695' datel Wrote:

'SeKreet' pid='26693' datel Wrote:

'Optionray' pid='26691' datel Wrote:

'SeKreet' pid='26690' datel Wrote:So why is PPS plummeting all of the sudden? Are the shorts attacking?

I suspect some traders locking in some profits.  Could also be some MM's trying to trigger some stop loss trades, knowing this is the week the news is announced!

Maybe I'm just a dumb guy but that does not make sense to me,... knowing/suspecting there will be (good) news, one wants to buy, not sell.

Number of scenarios for some traders

1) Buy on Rumor, sell on news -  (Maybe someone jumping the gun thinking the pps reflects the news)

2) MM's - playing games trying to put a cap on the pps, or trying to trigger some stop losses.

3) Someone meeting their short term profit objective after buying in the 60's.  What does Jim C. say?  Pigs get slaughtered

4) MM's having to adjust price based on put to call ratio

I expect a positive close, guess we'll see soon enough

Thanks Optionray and Ellerslick, I guess I must keep my pants on and not panic,... It maybe is just a minor glitch, caused by x reason's mentioned above. All will be good when the deal is announced...