Likely test the August lows before moving higher. In the meantime the markets will just thrash around looking for direction. Considering the huge move up over the last several trading days IMO SDS offers traders an excellent chance to pick up some quick profits over the next few days.
If you think I'm bashing you must be must be the biggest neophyte stock gambler on the planet. Everything I said was 100% factual no bashing needed for this stock. Bet you bought this last year when it was 10 cents a share and are now sitting on 90% losses looking to unload your debacle on some other neophyte aren't you?
It's very clear that you really are one of those guys that gets reeled in easy by the P&D's.
Those who bought it last year did just what you said and lost 90% of their invested dollars. Looks like a total P&D to me and its been on the dump side for a year.
You can make money on P&D's you just have to get in at the right time.
I think its oversold and time to buy. RAD is solid even with the market correction I'm comfortable buying it.
No change that I see in the chart. I expect it will be testing the 52 week low soon and especially with a market correct on the way.
Raises the question does Bloomberg have a large investment in ITT stock?