I hope we did a heads and shoulders and we bounced off the $2.16 low two days ago. I am praying they release good numbers and some news by Friday
Harry Callahan: Uh uh. I know what you're thinking. "Did he fire six shots or only five?" Well to tell you the truth in all this excitement I kinda lost track myself. But being this is a .44 Magnum, the most powerful handgun in the world and would blow you head clean off, you've gotta ask yourself one question: "Do I feel lucky?" Well, do ya, punk?
I am surprised it has dropped -10% as I thought it will hold. But those who bought at $2.20 two days ago will want to cash out.
I don't know if there is any truth to it, but when companies report on a Friday, they are trying to taper an bad fall out. That is, if it is bad news on a Monday,there are several days for people to keep selling. But if it is done on a Friday, you less the impact because of the Saturday/Sunday to give people time to think twice before continuing to sell.
they are very, very, very, very late on their quarterly earnings and yearly statement. Should have done it by first week of February. I heard that Friday is earnings. Why wait on Friday? I don't know. Toss of a coin what will happen. It was leaked yesterday the earnings will be Friday. That was why the run-up yesterday.
Wall Street sure knows how to play it.
Up in pre-market when up +30% yesterday. A lot more today... I bet $3.50
Don't sell, buy more. We have back-filled and going to move forward now with a vengeance.
Up after hours....look for over $4 by Friday. Get in early