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GTT Communications, Inc. Message Board

  • friendofthetrend friendofthetrend Feb 24, 2014 10:33 AM Flag

    So much for the big bad short attack

    ...if in fact that was what it was. Maybe I'm calling it too soon but the sharp move down is over and there just doesn't seem to be enough sellers to shake out at these prices. They are holding out for higher prices and this is another way of saying bulls are regaining charge.

    Maybe the last weak hand who bought cluelessly on a web site reccomendation has now left the arena. Once a bottom is firmly "in" on this short term move, we'll need to see a day where it closes up and near the top of it's daily range. Then we can get to the mid term trading range top. At some point we squeeze shorts , if they actually exist here-- till it hurts. Earnings will be a terrible thing for them. IMO.

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