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  • dbtunr dbtunr Aug 7, 2013 3:49 PM Flag

    $17 is the new $15

    remember how hard it was to close over $15? So many attempts. End of day tape painting. Well the same thing is happening at $17. We are getting end of day shorting every time it heads over $17. Once it breaches, and it will, look for another quick surge to new highs again

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    • Broke South of the February support line. The low of 2 weeks ago caught the knife (for now). Bank some trail some or.. just bank it all.

      • 1 Reply to about_that_stock
      • the stock was at $15.98 before the dividend announcement. In the past 11 out of 12 quarters, the stock went up an avg of 12% after the dividend was announced to the x-div date.. The one down time was last year during all the shorting and it went down 25%, but of course has made that all back and then some. This time it went up 8% after a 22% run up just before the announcement. It is logical that it would retest $15.98

        The earnings announcement coming out in approx 2 weeks will ignite the stock again. Buy on weakness. All signs point to much improved operations

 
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