Like the action after the very quick dip below 12 - but still no volume -
Listened to the investor con call yesterday - fairly ho hum - not a lot new - it was interesting to hear the CEO talk about their competition in detail - not sure what to make of the idea that they have 12 -13% market share - on one hand its smaller then i thought based on their visibility - on the other hand it kinda makes sense since they were always a specialty brand and seems like they have a lot of room to grow -
Also like the fact that they have reduced their online retailers (basically people that wont destroy their brand for quick sales)
Ok how about this - Any print below 10 intraday - even if its $9.99 and I make the donation - But if it doesn't print below $10 for a year from now you have to go buy a pair of Titans at Target.
Seems like a fair trade - I was more worried about a flash crash day like may 2011 when I bought Monster at $27 and sold it 15 minutes later at 41$ - thats why i said close instead of intraday - you know since the FB ipo showed us all how sound and secure our markets are ...
The Red Cross would be appropriate. I like red afterall. But, it could hit a 9.80 low (the D point) and still close above $10. Regardless though, time is on my side. This bear within a bear should last a year unless they really take it apart and we crash.
So, what do you think about the downsloping channel with a top trendline defined by:
7/25/11 : $20.72 4/16/12 : $17.76
and a bottom trendline defined by:
9/15/11 : $12.80 12/13/11 : $11.79 ?
The last touch was at the top at $17.76 and the next touch on the bottom looks to be just under $10.
It made a run on 13. I scalped it a little too early. I was a little nervous about a mini-selloff because of the long weekend coming + political uncertainty. Hopefully I'll get a chance to come back in.
I don't think it will see sub-12 on its own unless the market gets really tumultuous or there is some bad news.
Yeah, I'm trying to determine too. Little volume. Though the last big push up from 15 occurred after some flirting back and forth on very little volume.
One thing seems pretty sure. . . selling volume has dried up, even on very down days like when the DJIA almost lost 200, I think SKUL only hit 12.45.
slowly working my way in here and there. Got to be careful. Remember, Greece is going to vote June 17, and they have quite a fireplug making waves. . . Tsipras is a radical leftist and refuses to cooperate on austerity and is basically saying "we're too big for them to let us go bust."