Take a look at the chart on google....notice how there's a nice gentle slope interupted by basically a chunk taken out of it...this is an example of a small dead cat bounce. The price is trending downward in the short run...looking like it's going to support. The market did give a little signal as the price fell quickly at open. It showed a lot of buying right there at $31.75. I am staying patient ---Stockineer.
Yes, i think this is really a rebound. In fact, i think there's a fair chance we get either a gap up or quick down and then a strong rally tomorrow. Either way looking like a strong rally tomorrow. Could be completely wrong. We'll see.
I would think so..seems a bit over sold now...would be nice to end up $3 or so tommorow...either way longer term is much more important..I think they do well next earnings as 1, they won`t have the split mess and 2 , nobody is expecting as much so a big surprise on the upside could be in the cards. We will see.