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jeudi 8 avril 2010

ALERT NRI

Well what a good day it was...

NRI closed almost at it's high of the day.

Now what to look for tomorrow:

1) before the bell, expect the bid to increase at least to the ask level and enough to remove ALL the ask
2) A steady for regular flow of 10K blocks and more bought at the ask NOT sold to the bid
3) Over 2M shares trade before lunch time without going back to less than 0,29
4) If all conditions are met and no news release, something is coming and it has leaked.
5) Watch for a huge block over 100K sold at once. If that happen be careful as the increase from today could only be a smoke screen by day traders wanting to sell you their shares at a very high price.
6) If true expect a news release before end of day or early monday morning.

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