Nice weekly close. The fact that this came back after the break down Wednesday and it did it on a strong down day, is EXTREMELY positive. And the best thing is that this action removed overhead resistance for a further move up.
Have a nice weekend.
If this consistent strength continues, the danger is that the stock could go parabolic. Great if you can pick the top.
Everybody still alive? :)
Thanks for your excellent insights. Also thanks for KIOR.
The PE on $1.50 earnings for the year ? If the PE is 6 then the price is $9, if the PE is 10 the stock is at $15 ? Too early to tell for the year but the 1st quarter should be very interesting.