Saturday, August 18, 2012

Geron up again good sign

Geron closed up 10 cents at $2.13 on 1.9 million shares. The three month avg. is 732,395 share. Usual day traders like to sell off by the end of the day and avoid holding over the weekend. This is a good sign that somebody knows something or it's the Market Makers running the price up. Was not able to sell covered calls, I wanted 25 cents on the price was 20 cent for Dec 12 $3. If we get a early price move up Monday will sell a few at 25 cents. Geron rarely runs up three days in a row, we will see Monday.

ACTC barely holding 8 cents on 2.8 million shares. The three month avg. volume is 5.1 million shares. We go lower with no news.

AAPL closed up again at $648.11 on 15.6 million shares. Note that it's above the three month avg. for the first time in a while, 14.4 million shares. Good sign we go higher.

Good luck in this rigged casino,

No comments:

Post a Comment