Whew! Finally, some lower volume numbers. Could we be starting the rebounding soon! Let's hope!
Remember, stay positive! If I had any extra $$$, I would have bought. This stock is a steal.
When there is a sizeable rally (like we've seen today) on small volume, this may signal an opposite trend soon. From a technical anaylsis, that means this stock may either reverse its course dramatically -- that is a down spiral soon before going back up again.
Just be careful with the current market condition and ETS.
Good luck to all.
Who do you think bought the millions of shares at reduced prices? This is an auction - pure and simple. If there were no buyers to pick these up, the price would fall till buyers emergeged. If that meant .02, the price would be .02. Once all the news is out, and in spite of the usual shareholder lawsuits, this stock will bounce back with a vengence.
I disagree...I think the volumes we've seen institution wise are pretty much par for ETS....past two days however theres many more super buy indicators as well, they will buy this back, its a steal.
You say if you had extra $$$ you'd buy more. If you had sold last week on 1/29 like I did you'd have a lot of extra $$$$$ to buy more, and I will when it gets to $3.75 again. I felt bad when it hit $11 later on and thought I was stupid for dumping it. You should learn that when everyone on a board pushes up the stock without any news then it's time to sell.