a fund obviously dumped its postion today, and has been putting pressure on the stock all week.. you can tell by the flurry of selling the selling is done. The stock is also waaaaayyyy oversold...stock will rebound at least 20 percent by friday...congrats in advance to all who bought near the close. (And there's no leakage of earnings, news...earnings aren't out for almost a month - keep your head on)
no fund is going to be dumping at 1.00...as i said, the 80k offered at 1.02 will be gone...down to 6400 now...see u at 1.20 by week's end...i'll take 20 percent in 2 days any time. Of course, some statement by the co. might push it much further
I might buy some trading shares tomorrow morning (if still around/below $1) and take a 10% profit. Might as well play this yo yo till the reversal if that's what the MMs want to do. My core shares will be held till 2014 or 2015.
lol the stock has been tanking no matter waht...news hasn't beein out in how long now??? and it's down 40 percent...there's no news coming out, unless it's positive, like insider buying. watch the 80k at 1.01 go in ah