Historical price action to possible current price action ...
posted on
Sep 02, 2013 12:20AM
Historically, during PTSC news events, the SP would be artificially inflated before sinking to a lower SP. If I see any 1 to 2 million traded days with no follow through, I will be highly skeptical of such a price increase. That example happened during the PTSC quarterly report that was supposed to have the large J3 settlement dollars some 5 plus years ago. I think a week or two prior to the quarterly announcement, there was a day or two with 4 odd million traded. Most likely the trading was done by Swartz or Leckrone. This time around the ITC will most likely not leak any information regarding the ID at the ITC so hopefully whatever happens there won't be too much price manipulation. Interesting times and with luck this time will be more "interesting" than others ...