limp you were around when i was really bearish a few years ago,while im not that extreme on the bullside,i do have some hope for getting near 60 by years end.
to a point correct,i came inat the 5 and change level for much of my position,based on news and commetary from analysts i thought for sure a dbl was a lock,and in fact said that when it hit 9 i diodnt see this going beyond the lower teens til iut proved it could win a big well publicized deal,my jan 9 calls tellyou what i think of the stock,i plan to be able to excercise,and im guessing between 11-12
stock helt its chaart today,it looks like a trading range could develope ,say from the 4.80-5.10,this could be for a while.potentialy if the rest of the stock mkt remains sloppy
Im surprised at the down phase this month,the news has been better than anybody imagined and yet its down a lot,in fact about to go under 5 now,usually the cynic in me comes out and says someone knows somethong ,the problem is we all know something amd ist really good,honerstly im confused now and its really dropping now 4.97
little response to any of this,on track to barely beat avg daily volume at 1.8 mil at 12.34
i was shocked to see this open down,i figure those earnings should have been good for close to a buck pop and than a small sell off
it over reacted and how much is because of the overall mkt. elliot wave historicly did far better in the broader mkt thanstock specific.bob prechter said that years ago when this was a really hot methodolgy
im looking for a sloppy sept and mid oct,the elections could derail a rally,if repubs dont get the senate thus leaving obama to attack all sorts of industries oil being one,with bho not up for election and reid doing the blocking the street will be dissapointed add to that a hike in rates next year and you have anot great stew,and axas is a small cap.
it signals the co is getting ready to be a real player,,nothing more or less ,if not for finally getting a correction infn would likely be testing the 9.60 resistance on the charts