Re: This week could be very telling....
in response to
by
posted on
Sep 25, 2016 07:55PM
,,,,,,,,,,,hummmmm,,,,,,on Friday afternoon,,,,,based on RBC numbers only,,,it looked like we came down from the $2.06 level to the $1.80 level on 20,000 shares,,,,,,,,,,,ruffly 60,000 shares had traded earlier in the day at and above the $2.06 level,,,,,,,,,,,,,we ended the day at $1.90 totaling 103,000 shares,,,,,,so about 23,000 were on the uptick after the drop,,,,,,momentum traders mid afternoon would be tapping their toe ready to get back into cash before the bell,,cuz they ceratainly wont stay in over the weekend...............if only 20,000 shares were momentum shares then that is very light and the selling expected......basaed on the volumes previous a momentum player would not take many shares knowing the risk of having to sell any substantial amount,,,,,,,however.....tomorrow morning is a new day and a start to a new week. No one knows what awaits us,,,,,,,just seeing some life in this old soldier inspires me,,,!!,,I dont even need to see news,,,,,,,well,,,,,,,almost!
In regards to RVX/Zenith,,,we must rmember the drop RVX took when Zenith was spun off before the Assure results were published,,,,,,,,I think at the time it was ruffly $1,,,,,,,,,,,,so we must understand that RVX to this day is missing that dollar value in its trading price,,,,,,and that $1 has been in cyber limbo since, and under the name of Zenith,,,,,jmo