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Message: RE: LL/Moxa - if I may....

RE: LL/Moxa - if I may....

posted on Jan 25, 2005 07:10PM
I think you`re taking LL a little too litertally, or not, Moxa. What I think what LL is saying is simply that as time goes by without news, more longs will fall by the wayside. You must agree that probably 80% of the outstanding shares of this stock are held by folks who aren`t as ``on top`` of things as we agorites, and don`t suffer the the day-to-day agonies as some of us do. When the mood hits them, they`ll sell and re-invest elsewhere. And that mood could easily be hitting some of those folks right now after noticing a 30%+ retracement in the past week or so.

Someone earlier today asked ``who`s selling`` (in discussion of the rather worn accumulation theory). Those IMO are the people who are selling....

But I KNOW nuttin`!

SGE

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