Earnings November 1 st. Do we retrace loss of last month...
There are some people/institutions who are trying to get out. I find these to be great times for small investors to beat the larger investors. Large investors can't get out of stocks like this without taking a huge price cut, there's just not enough volume. So their loss is our gain.
I assume that there's nothing wrong with the earnings coming out next week, so I see this as a great time to accumulate. It should go back up to $7+ after earnings.
If that is the case, is for those who commit $ at these levels. However, my average price is $7.78 per share on 4000 shares. I read some information on the web in the past saying that this stock is undervalued and should be around $12.00- $14.00 level as it was in the past. I cant see it doubling in price. I may take many months to get to the $8-$10.00level, who the H E L L knows, just fed up at this point, but not selling at a loss.