Good afternoon all,
After just looking back at all the postings this morning, I noticed that the first mention pf the PIC prez being avaialble was at 10:30AM EST. After several positive postings by a a wide range of posters, one particular poster (who shall remaing nameless) has already claimed that POET has essentially completed very little if anything at all.
Well everyone, the prez has completely fooled Rainer, JF, BCD, Scary and a whole series of others.
Here is one person's theory on why that is:
Regardless of why the SP is where it is, it certainly fulfills the need by many DTs to work the 4% rule. Once the SP raises 4%...sell, once the SP falls back 4% ... buy. Up and down, Upand down! Now before many of you jump on my theory, here is the real kicker. When the SP is at $1, ones needs a .04 change in the SP to flip the Buy or Sell switch. When the SP is at .35, the Buy or Sell switch goes off at .015. Simple but effective. Therefore the price went up briefy by .015 this morning and the nameless basher started his / her work.
It might have been nice to enjoy further posts by those who truly understand the material before the negatives ones posted. Oh well, to some the glass is half full, to others the glass is broken!
MS
MS