Paid for article on "The Street" said that things are turning around! It still loosing money and the stock went up like close to $2 a share to $14 and change. I thinking about doubling my short position next week depending on how RST reacts to the market. I hope it can go up to $16 and get more shares at a higher price to short!
It was overbought when it was going up and still is overbought. Not all are longs taken profits with each leg down, there is 32% short interest on any free shares. A very high number for a small company. These shorts have actually increased their short holdings in the past month and a half. Not a good time to be long!
Look at the uptrend it was past few weeks and much on heels of low volume.
window dressing got over yesterday and gap open to low 16(s) got filled.
bounced today from 100DMA and took some stop losses and like i said few days ago should go down to 50DMA test sooner than later.
I sold few days ago and news came out @15 and missed selling at the top but that's fine.
If you are asking about the health of a stock on a Yahoo message board with all it's inherent biases and expecting to get honest answers you should not be investing in stocks. BTW, RST went down yesterday because it filed irregularities in it's reporting.