The Riccaro Quotient signaled a stop loss at 47.81 Keeping with its 7% maximum loss rule.
What is happening here i dont know. But Money flows were positive. I wouldnt trade this stock no matter what the signal for 5 months. One bad signal is enough.
So, now that you've confirmed your bad signal and sworn off the stock, does that mean you're leaving? Please bring the Quotient to another board. Don't just spoil us here at SODA. Go off and fulfill your destiny. We'll be fine.
True, I feel like SODA has run too high, too fast. I have a fear that the SB ad and great February earnings are already priced in. "Sell the News" and the shorts could run this back to the low 40s after earnings.
I feel for many longs in this stock. Many are loosing a lot of money. With all the rumors and what have you, is meaningless. At the end of the day, it is price. SODA has just had 4 distribution days in a row. One with very high volume. This is why IBD is backing off so fast on SODA. It knows all too well about distribution. 2 days of distribution could kill a stock. SODA just went threw 4. I really do hope SODA rallies out of this mess. Rarely a stock does. Even the az holes on this board I feel for.