11/18/2011 12:37:22 PM - Hovering at its 52-week high today after a spurt of 5 consecutive gains backed by above average volume. No overhead supply is there to hinder its progress. Recent price/volume action has been erratic and has the look of a sloppy "ascending base" pattern. Heavy volume coupled with a lack of meaningful price progress above prior highs this week hints that it has been encountering distributional pressure while rising. Limited earnings track record since its $19 IPO on 6/19/11.
11/17/2011 12:53:47 PM - Hovering at its 52-week high after 4 consecutive gains on ever-increasing volume. Recent price/volume action has been erratic and is not recognized as a sound base pattern. Limited earnings track record since its $19 IPO on 6/19/11.
11/16/2011 12:18:00 PM - Hit another new 52-week high with today's 4th consecutive gain on ever-increasing volume. Recent price/volume action has been erratic and is not recognized as a sound base pattern. Limited earnings track record since its $19 IPO on 6/19/11.
11/15/2011 2:25:29 PM - Touched another new 52-week high today following another brief consolidation not recognized as a sound base pattern. Limited earnings track record, and there has been erratic price action since its $19 IPO on 6/19/11.
11/8/2011 1:08:16 PM - Touched another new 52-week high today then reversed into the red after 4 consecutive gains backed by above average volume. No resistance remains due to overhead supply, but its deep "V" shaped consolidation has not been recognized as a sound base pattern. Limited earnings track record, and there has been erratic price action since its $19 IPO on 6/19/11.
11/7/2011 12:37:53 PM - Perched near its 52-week high today on track for a 4th consecutive gain backed by above average volume. No resistance remains due to overhead supply, but its deep "V" shaped consolidation is not a sound base pattern. Limited earnings track record, and there has been erratic price action since its $19 IPO on 6/19/11.
10/27/2011 12:23:40 PM - Limited earnings track record, and there has been erratic price action since its $19 IPO on 6/19/11. No resistance remains due to overhead supply, but its deep "V" shaped consolidation is not a sound base pattern.