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Triple-S Management Corporation Message Board

  • kierewicz2001 kierewicz2001 Jan 4, 2008 10:13 AM Flag

    Owch!! When will the bleeding stop; hope it does not break the $18 support..

    Owch!! When will the bleeding stop; hope it does not break the $18 support..

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    • I'm having a hard time finding information to explain the latet dip. Any thoughts?

      • 2 Replies to braveswin41
      • Well the stock did have a surge of around 30% from its IPO price, it's about 10% off of it's Hi price (typical correction). Also the market as a whole has sucked and this has beaten dwn alot of incent good stocks, as far as the market is concerned, technicaly the s&p 500 should break 14000 and next support is 1375; as far as this stock, it's under it's avrg so far, has alot of support @ the $18 level, should not go under $17.5. If you look at a P&F chart, it is going up aftr a typical 3-4 box reversal.

      • Well the stock did have a surge of around 30% from its IPO price, it's about 10% off of it's Hi price (typical correction). Also the market as a whole has sucked and this has beaten dwn alot of incent good stocks, as far as the market is concerned, technicaly the s&p 500 should break 14000 and next support is 1375; as far as this stock, it's under it's avrg so far, has alot of support @ the $18 level, should not go under $17.5. If you look at a P&F chart, it is going up aftr a typical 3-4 box reversal.

 
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