UTHR: Number of the Beast
December 10, 2007 – 11:45:47 am
Raging on no news and with over 2x avg volume. Pure demand, baby.
666 The Number of the Beast!
UPDATE 10:55pm:Â I have now realized this stock was up because MOGN got bought out today, and people speculate that UTHR is a takeout candidate as well.
Goddamit, due to my recent work fiasco, I’ve not been watching this one. Fuck. I really wanted a piece before it lifted off.
December 10th, 2007 at 8:26:35 pmit’ll pullback. As per my update it’s not “real” market moving news. I think it will drift back to 100ish, st, but in a general sense this thing is broken the fuck out and sky is basically the limit as long as the trend isn’t obviously violated. 50-day is at 94, and the point of last resort is 88.
Using a less tangible thought process, there has been NO demand for this stock above 80 for over 600 trading days, and yet, for some reason, people are willing to buy it in size above 100. I think that warrants curiosity and perhaps portends more upside.
December 11th, 2007 at 2:02:39 ambmphudfj mgsexw jypucqlov eihlapk kwmqpu kwxuqhjct bajst
January 3rd, 2008 at 5:13:30 am