Netlist, Inc. (NASDAQ: NLST) is beyond amazing… It is becoming baffling how much this stock has run after all of its HyperCloud related trading gains.  We had noted each morning how Netlist’s chart had become a drunkard that would probably ebb and flow after its inflection point had been hit with 25 million shares on Monday and a $6.24 close from $4.47 on the Friday before. This was not even $1.00 early last week. It looks like the inflection point may be today.. or now maybe next week. All we can say is that Netlist is pulling a KTEL for those of you who who were trading in the late 1990’s. At 3:35 PM EST today we have shares going nuts and they took out the 52-week highs of $6,87 from Monday. The highs today took it out and then some by hitting as high as $7.98. Shares are now back down at $7.33 and up 29.3% on a whopping and unbelievable 29,193,054 shares. This is a day trader’s dream. Or a nightmare.
JON C. OGG
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