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LeapFrog Enterprises Inc. Message Board

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  • watup95 watup95 Nov 29, 2012 2:30 PM Flag

    Hovering around a 5 cent drop, NOT THE END OF THE WORLD

    i just prefer reassuring posts, that is all

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    • I think the fact that we had a 8 day run on essentially no news is extremely reassuring. Especially since the technicals have not really made a recovery. I expect some more momentum as the technicals improve.

      The fact that the pullback so far has been only about 1% is outstanding.

      Sales have been brisk making a positive Q4 a certainty. THis will attract conservative investors AND more institutional buying.

      • 1 Reply to A Yahoo! User
      • I was going to mention last night...I did some TA on the charts and at this point LF has run from one extreme to the other. Oversold to Overbought. I did expect a small sell off today. I actually think it can fall near the 8.90 - 9.00 range. I wouldn't get short here, but it's healthy for a stock to have a 2-3% pullback before it continues on its rally. Unless there's substantial news in the next couple of days, expect a grind in this range for a while. I would say, next 4 more trading days before a continuation is in order.

        Sentiment: Hold

 
LF
2.57+0.01(+0.39%)Feb 27 4:07 PMEST

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