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REEDS, Inc. Message Board

  • old_dogg_with_new_trix old_dogg_with_new_trix Dec 12, 2012 12:27 AM Flag

    chart, value etc

    chart is oversold, but charts can stay oversold for a while. I have watched closely waiting for entry simple because it just ran too far too fast on what we know. This is a growth value play or a GARP play(growth at a reasonable price) therefore we must value it as such. If they deliver, the stock will be back near highs within 6 months. somewhere between here and the high 4s the bottom will be made. I suspect we are very close.

    If you want some momo action check out CTIX, I have been buying for the last month. It is high risk / high reward. If the drug works it could easily blow past 10.

    GL

 
REED
4.74-0.04(-0.84%)Feb 5 4:02 PMEST