Decent confirmation of reversal of the pullback that was way too oversold. NTWK & GV will do a similar oversold bullish RSI reversal soon.
DJ
NTWK. Great earnings & guidance with insider buying in 2013. Just a matter of a few days to escalate pps from oversold.
DJ
NTWK . Grear guidance P/E of 11, only 8.9 M shares total. Insider buying in 2013. It will soon be uptrending.
up 4.5%
should be good, earnings tomorrow
hope they are good, just went nationwide, will take a longer to see gains
positive forward projections should suffice
I would jump in steele
also recommended MSSD a few days ago, too bad for you
still have time
MJNA is a good pot stock
smoke em if you gottem
yes, a moron that will reap the benefits of a better energy shot, you should try it. great product with great upside. talk to me in a year when DROP is over a dollar, then who will be the moron?
good luck to you
COULD SEE OVER $17 SOON AND THEN OVER 18 A BIT LATER. AS I SAID, VOLUME WILL COME. Nice move off oversols low yesterday.
DJ
I did not wait for the confirmation we now are starting to see.
DJ
Very bullish chart just exiting extreme oversold RSI. This stock has not seen oversold RSI like this in last 12 months & may not see this in next 12 months.
hows DROP doing today? 5 hour energy invented the idea of an energy shot. DROP invented nothing they literally are trying to craft a brand, not of innovation, but off celebrity endorsements. Tiger doesn't give a #$%$ about DROP and neither does Daymond. Like I said, good for short term gains but if you think this company will be huge your out of your mind. Pharmaceutical companies with billion dollar budgets are developing much more advanced techniques for delivering medicine through the skin. You are a complete moron.
Uptick on low volume then larger uptick on higher volume following confirmation of reversal. Ray Charles could buy and see the imminent reversal once higher vloume drive price higher. I can see it today.
Volume will pick up after bottom is confirmed. The reversal spike should be a strong one.
DJ
Shareholder assets are higher yet. Pullback reversal imminent with RSI still under 30. Cray can pop over $1 in a day with decent news... very low float & only 39.6 M total shares with institutional ownership at 74%. Remember who told you this.
DJ
this is a good company but the stock is temporarily broken. I'm waiting for $14 and I think I'll get it. Market is due for a sell off soon.
we shall see. and tiger is not a good golfer too? please?!
Oh, 5 hr energy doesn't do well either, you seem like you're in the know ... NOT!
glad I dumped cray, got to accumulate lots of DROP and will see a nice return, great product.
thanks for your post and good luck.
Sentiment: Strong Sell
CRAY's forward P/E is not 60. Where did you get that ?
Bets? I am not sure when it will get to 20's again, but given 10 months I believe it definitely will. 45% of revs come in Q4 as per guidance. I see a triple shorter term bottom today. Bottoms were roughly $16.32 twice & $16.24 today as the third bottom. Long term triple bottoms are 96% bullish, but this one was shoter term , so not certain of probability percentage albiet still bullish for a downtrend or pullback reversal. Compare activity to ARIA pop today that had no triple bottom & has huge debt & no eps. CRAY has close to $490 million in cash. That works out to $12.37 per share in CASH with ZERO debt and excellent P/E. How do you negate those credentials?
btw, I'm not by any means saying CRAY is a buy right now...just that DROP is a POS.
LMAO. I really hope your not telling me you rode this down from 23 to 16 and than dumped it to buy a company that sells caffeine gel...Before you accuse me of not understanding DROP, let me just say that I have looked into this company and followed it for about a year. Its good for quick pops on occasion but nothing more. Interesting how DROP announced national presence in Walgreens, jumped close to 20% then dropped right back down to where it was.
RSI is not an appropriate indication for a stock being oversold when it has run up this much recently. Crays foward P/E is 60. Unless the company can make another massive sale, this will remain the P/E for the forseeable future. You may see a small bounce up to 17 or so but theres no way this runs back up to the 20s.
That was at $16.249 per share. This stock is very oversold for a company with great YEARLY fundamentals and almost $490 M in cash.
DJ

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