Cry closed at 6.88 which is below the $7.00 50 and 200 days moving average. The is no additional support below that. Therefore, my prediction is that CRY will go down all next week to $5.5. If there are any bad news from the SEC or lawsuits, run for the hills. Also, keep in mind that we are approaching options expiration and all institutions will be dumping to re-align their portfolios.
I hope they can get comapny out of problems. They are working hard to get back as a great company they were.
Freshmind opines: "Also, keep in mind that we are approaching options expiration and all institutions will be dumping to re-align their portfolios."
You wouldn't piss on a man's shoe and tell him it's raining? Sept/Oct is when mutual funds reallign portfolios for tax reasons, but to say All funds "will be dumping" is hyperbole to the Nth. For CRY, some funds have tax losses here; some do not. There are still in-the-money players here who have no need to dump for tax reasons. Negative opinions about the stock are one thing; disinformation to foster negativism is quite another.
""By next fri. $10.00 and up from there, cry to the moooooooooon""
Hey turd, you must be dreaming about another stock. This one is dead, and how do I know, because I have royal blood in me. Bow before me and ask that I forgive you for posting on this board!!!! The Baron