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Shanda Games Limited (GAME) Message Board

  • veqasfletch2001 veqasfletch2001 Jul 31, 2013 3:14 PM Flag

    $5 price, a critical point for any stock

    When a stock price passes $5, then some shorts are encouraged are able to short. Even retails get to the game. However, most interested institutions will stnot have $5 restriction any more provided that the price become stable.
    Conclusion is that when stocks pass $5 point, they ususally drop below $5 but second time they will rise and stay above $5.

    Sentiment: Buy

 
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