Wait and see if you can get in below $18 before tax-loss selling is over. BTU is way too volatile and people are looking to take profits on .50 swings. I sold 1/4 of my small position yesterday, figuring it would sell down at least into the $18's sooner rather than later. I myself won't touch BTU unless it gets back to low $17.
You must be looking at analysts targets for SU....and doubling. The analysts have been steadily over optimistic on SU for over two years now, projecting their $40's. Where 'd those guys study Bus. & Finance ?
They probably acquired the shares at far less. No doubt some fancy investment opportunity or 'quid pro quo' exchange opened up and they needed to sell off a few shares to do something else.
GS probably just downgraded CLX to pick up shares more cheaply...It's more like 'crime' as usual. They're probably the outfit with a so called target of $77.00.
I doubt will drop so far as to 25c - 40c. Maybe to .58c, where it was early in 2007. I will wait and see about possibly doubling my small holding at that point.
It is certainly way too 'manic-depressive' for my taste. I am considering getting out until it goes back to $13 -$14 - $15 again.
Hillary Kramer (spelled with a "K" -lol) has SALE as one of her Game Changer stocks. I bought a few shares yesterday thinking the dust had settled and intend to add if it comes down much more. Christmas should be good.
Chart says nothing except right along in here might be a pretty good time to buy if one has a long term perspective.
I'd like to see him gone but I only have 50 shares.....which I should have sold yesterday. Still I'm good with this position because of the divy. About to lose the last of my patience because I bought CSCO on the basis of 'The Top Ten Stocks to Hold Forever' (lol) some guy was selling. He also liked INTC which hasn't done 'squat'. Sold that.