Investors Title Co. Message Board
you are viewing a single comment's thread.
view the rest of the posts-
Thanks All
What do you all think about the 7% drop this morning? That could be a really bad sign. In hindsight, the huge run-up since the last Q was clearly unsustainable. Look for lower lows and lower highs from here on out.
(Sorry about my lapse into facts and figures yesterday. I must have become disoriented. I feel much better now.)-
If it drops 7% each trading day, it will have dropped a little over NINETY PER CENT by the end of the 32nd trading day. (This board is lucky to have someone like me so handy with technical analysis.) Sorry to paint such a dismal picture for ITIC's future.
- 2 Replies to pjv2xyw9dww4b5
-
"Sorry to paint such a dismal picture for ITIC's future. "
Don't be. I'd rather know the unpleasant truth than wander in la-la land. -
To recover from a 90% loss, we would need approximately a 900% gain (according to my advanced Financial Calculator). I don't see this stock going up by 900%, especially after a steep loss.
-
What could cause such a huge drop in one day? Do insiders know something?
- 1 Reply to astral_tsar
-
I think that the insiders at ITIC know a thing or two!
-