So what is your guess tomorrow and by Monday? Why do you think the insiders rushed to buy last week when the stock ran up from $2 a month ago?
Why do you think the insiders bought back in 2012 hundreds of thousands of shares of the stock between $6.50-8.34? And then saw it fall to $2?
Dude it is only 1250 shares traded after hours and only 200 shares at 12.05; this is meaningless.
Time (ET) After Hours
Price After Hours
19:38 $ 12.05 High 200
19:17 $ 12 627
19:17 $ 12 373
19:03 $ 12 160
18:17 $ 11.85 Low 50
17:36 $ 11.85 50
17:36 $ 11.85 100
Give your best estimate what you think will happen.
I just saw yesterday morning near the open with the large sale that dropped to $4.03 briefly and then went up to close at $4.48. That is what I am guessing it goes back down to until the market makers feel that is a drawing line. Clearly the last two days of selling shows the one month buying binge from $2.05 has ceased for at least 2 days after running up for 20 days.
And I thought I was bearish. Are you planning to buy? I will put in a buy tomorrow for $5.10 in case of a dead cat bounce. the way I figure it, it bounced twice off around $5 range all the way to $6.80 and back down. Even if it should fall further say 4.50, I can live with that.
So,at what point will you buy?
Go ahead and make your best guesstimate.
I don't agree with putting down people or disparaging them. He already has lost so much money in a short time that most people would jump out of a window. I also do not agree when CSMITH6278 does the same. Just leave personal attacks out of it.
Now more margins coming in later today and tomorrow. Look for $5 or under by Friday. Indices are now set for a fall after record high two days ago.
If you bought all you wanted and are a long-term investor, why bother looking at the stock constantly each day?
"If it is in a trading range" as you said and in the the last 3 weeks it has gone between $5-6.90, why not sell and re buy? Like this is certainly going to $5 again by Friday the way it is falling on extremely light volume.
what did you buy NIHD at and how many shares? I put a buy in at $2 for a quick 10-15% pop.
God, I hope you were not wiped out yet. Were you on margin and forced to sell?
What did you do with your 76,300 shares? Still holding at this price?