A support/resistance line is a line that when price action is moving up - that it's hard to penetrate through, it is resistance. But once penetration is secured it has now become support. Pull up a 6 month chart of RAD and draw a horizontal line at $5.46 - classic support/resistance line - what was resistance for two months has now become support underneath price action. So for all you downers/losers/bears - unless price goes severely below $5.46 - you have absolutely no case for RAD going down - just 9 more days before earnings release.
Not to mention, there is not way this stock is going to see $7 before the earnings come out - we need an earnings beat to get this stock over $7
I hate pumpers almost as much as I hate dumpers. If you've got information, please share - otherwise keep the mindless pumping to yourself.
Sentiment: Strong Buy
This is the reason why any stock goes up, guys can argue to death a ton of different things - but in the end are earnings growing? And if they are so will share price, anything else is just nonsense.
Ha ha ha ah a ah a ah a - you have no money, dude. Every penny stock you pump ends up tanking and every stock you try to diss keeps going up. Either you are poor idiot from an atrocious amount of bad trades, or you are liar that doesn't take these positions - or you have no skin in the game altogether.
I added shares on margin during the pullback, too bad I only waited for the first fibonacci retracement level - could have waited for at least the 50% retracement to get a better price.
I added shares using margin, that's what a nice pullback is for - using House money to buy more shares - hee hee
They're really good reports, 203k jobs added to the economy, unemployment dropping down to 7%. This will increase taper fears most definitely. And rad will be impacted as much as other stocks once traders run in fear.
That they can't see that the low of the day was supported by the 20 day moving average for starters and was the conclusion of a fibonacci 61.8% retracement. Take my advice boys, this is all the money your shorts are going to make, better cover.
Perhaps you think history might repeat itself again for a fifth time - seems like a good bet to me.
Thanks for all the contrarian buy signals - you've been a big help to my bottom line - when you say this company is going to fly - I'll get out then.
Here is how his argument goes, SSS should be way up because they got rid of bad stores, so the average should skyrocket. Now getting rid of poorly performing stores has a positive impact on profits - but even poorly performing stores contribute sales to the total - taking away those stores, subtracts those sales, thus bringing down the year to date total sales. But to think that somehow these stores have a negative sales figure and their removal should show the remaining stores have a much higher sales is the most laughable thing I have ever read here.
Awesome, you've found a reliable buy indicator in the form of ACE - I bought shares too partly because of his badmouthing.