Sorry nytonc about you losing your money. That's a sad thing but did you think that playing the market was as easy as listening Cramer and CNBC or any analysts? Did you think all those people you were listening to were honest and forthright? and that all you had to do was put your money in and watch it grow? Unfortunately the market exists because of guys like you (no offense) There's are a lot of them, so don't feel too bad. I was one. So, you can quit if you want. But it looks like you just spent 36k on your education. Would you spend that much on an education and then not use it? Now that you know how it works try to build it back up. Learn why companies stock values go up and then invest in them. Just remember to set your stops. If your theory doesn't work get out as early as possible. It's exactly like playing poker. No when to fold'em. So they're making money on the way down now. Wait for it to turn and when you resistance on the way up, wait for it to break that resistance. Usually the second time it breaks resistance, it will continue to rise. But,,,,,if it doesn't get out. Same thing on the way down. If it breaks support get out. Good luck man and remember its all about resilience and persistence. BTW don't play with real money at first. Test your theories then throw in the real stuff. Check out CSIQ or B of A. They can't go down forever.
If it drops they were going to buy more. I thought those guys knew what they were doing. Being able to explain all they stuff they did in that article takes brains. Unfortunately, not the kind of brains it takes to make a profit!! That's a good feeling. This is easy now. Just wait for the bottom....wherever that is.
It can't get past resistance at 26. How the FLOCK is it going to go to 38. Everyone's got Valeants number. Valeant is desperate and has to sell assets in order to ward off the creditors. Everyone sees this so the assets won't be worth as much. Also if Good will goes away, this company will be worth less than what it owes. It's not going BK yet but it could in the future. I say 12 to 18 dollars.