Re: ok how do we get real answers
posted on
Feb 14, 2008 10:10AM
IMO it is very close to what Coach was saying. There is an effort by some to lower the price and I assume, buy back cheaper. It is obvious when big blocks get put up to sell. The best part is that the sellers don't decessarily want to lose those shares, and seldom do ,as other come in underneath and sell, effectively lowering the price and causing more unrest. I think when the bottom finally comes, you will see a quick uptick with massive volume as some scramble to buy the cheap shares. The trick is picking that bottom. I am happy to pick some up here as I think the bottom is near. I would rather get a bunch of shares near the bottom, than to try and pick it perfectly, as there is seldom much to buy at the absolute bottom.