YOU PREACH IT, SISTAH!!!
(not really, I'm putting you on ignore for being ignorant)
Many moons ago I produced financial statements for the management team of a Fortune 500 company, so I know a little about them. The post-audit stock price could absolutely go either way. If it goes up, it goes up. But if it falls it will fall farther and faster. Downside protection might be prudent.
Looks to me like it's trying to reset base around 6. You could look for a slight pullback early and then scalp .20-.30 at a time. Just my two cents.
Dude, I posted a reversal call around 1:20 and that I added at 4.67.
Up against resistance here. If we can break through 16.35-.36 could see 16.50 pretty quick. Otherwise, I see it drifting back to 16.25 approaching lunchtime.
I posted 3.97 earlier today because I didn't think 4 would hold.
25% follow through tomorrow means 5+.
Not me, only kept a smidge but it worked out pretty good in the end.
They can, but will they? Profit takers keep dumping on the ask or we'd be much higher.