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Thursday, September 29, 2011

Price Action and Suspension of Trading


During the Market crashed, only one stock showed a GREEN Signal and that was IP.
Unfortunately it was suspended again. 
I am not really sure if Majority share holders love their stocks to be price cheap.

DGTL was flying 2.0 and poised to make a larger move, then suddenly was suspended. and was consolidating around 1.50 area tying up investors money for a long time. Now it is down as much as 15%. More prison time fundamentalist.

In my opinion, if it was not suspended, just maybe, the price would be somewhere 2.0 area during the crash.

Same with BHI, was suspended and it was poised to made a huge rally in the closing, now it is down 30%. If it was not suspended, maybe it is around .50. Now it is just .30.

They think they can manipulate the price. I am not really sure why they love to suspend stocks with good news.

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