Ok get ready for the next stage down to begin. Warned you when it went from 28 to 17 and also said watch for a little pop which is now over. Going to go south. Again no fundamentals behind the price...
Oh yeah CTIC is not dead.... already made 400% from yesterdays buy!
If you take the chart at face value you are 100% correct. Interesting that Jfool (aka Joshuatree) doesn't even mention something that would back up his 'opinion' isn't it?
One thing that Jfool is good at mentioning is we'll be hitting record lows. Guess he's getting that information from his gypsy mama because he never references anything that backs his claim. I'm sure anyone stupid enough to follow any of his other recommendations wished he gave them the 411 before the caca hit the fan and they lost their tails.
I respect someone saying it will hit a record low because of the chart (even if I don't agree). Mr. short/long (depending on whether his recommendation is right/wrong) doesn't fall into this category.
actually, he was telling people to short, along with me when it was around 26 maybe 6 months ago. There is next to no chance this stock will ever see those numbers again, so even if he hasn't closed out, he is still far ahead and in very little danger of losing any money if he decides to keep his short position. This stock will never make a true break out unless they deliver multiple blockbuster quarters, which they always fail to do. It is still a short at these levels regardless of what it has done over the past week or days.