more good news in the nick of time for GMCR shareholders.
His article is based on assumptions from his information which is incorrect, this company's future is very positive with all the health concerns of are population, these devices will ultimately have hospitals and doctors monitoring people as they live their lives which will be a huge innovation for this company and all the wearables companies in the future, don't let one short seller dictate your position in a industry that is growing at a 50% clip and will continue to grow in the future.
that is all the information I can give at this point in time, who knows what the GREEKS and GERMANS will say from minute to minute, just trade accordingly.
Where it closes I have no idea, GLTA
Dow Jones average to be down during tomorrow's trading between 400--560 points, where it closes is anybody's guess.
translation we will see SPY'S down below 205 at the open with steady deterioration during tomorrow's session with huge volatility as the Greeks and EURO players make speeches causing huge gyrations in and already nervous market.
this situation will not be clear with either vote, thus UNCERTAINLY breeds SELLING, and the key word is UNCERTAINTY.
S&P loses 20 handles tomorrow, gains 22 handles Tuesday, result WHIPSAW CITY
this should offset the BS in Greece.
just the opposite of most people's thinking going into a weekend, most people would think stock will go down because who wants risk over weekend, WRONG, any short sellers will close their positions today and leave only strong LONG players left, thus a strong move before the weekend most likely resulting in close over $40 today.
Once we break through $37 the onslaught of buy orders will begin.
Stock Twits, GLTA
were targeting $40.17 --$42.40 by todays close, when the sellers abate later today there will be a buying frenzy into the close, this stock is still way to undervalued.
The good news is coming, as advertised the up move is starting today.
$70 by July 15th and that may be on the conservative side, this stock is a runaway train in the very early stages.
technically speaking it seems to be in the process of carving out a U shape bottom in the 80-83 area, and you know without warning there will be positive news on the Keurig Kold maybe as soon as this week which will take GMCR back to the 100 level quickly.