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Ferro Corporation Message Board

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  • pendlorian pendlorian Jan 25, 2013 6:25 PM Flag


    4.80 support, accummulation today. Not much resistance left in the current range, supply is getting limited as most stops were taken out last two sessions. Yes, Thursday's spike looked tempting to reduce a little an get back in lower, but foe could open 5.50 and I don't fancy chasing stocks. I'll hold and add through the 5 handle. Never blame anyone for taking profits, just maybe a little early. There are very large blocks going through. The stock is gaining momentum, interest and mojo. Stockholders will approve the three qualified nominees, further strengthening management direction. Too much positive news coming out and the stock is trading very classic to hedgie's rules of engagement. (buy the dips)

    Sentiment: Buy

13.48+0.01(+0.07%)Aug 29 4:03 PMEDT

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