A bet by someone for sub $3
Type: Posts; User: airman
A bet by someone for sub $3
And I have to ask ... where is the company going to accumulate its buy back shares? at least in any volume?!?
If that breaks 2.37 and 2.20 are the next major supports. and minor one at 2.61. Just from a technical viewpoint. I can't imagine it ... but I didn't really think we would fall below 3.26 level
Expect 2.95 to print now. The beatdown continues. there is enough float out there for this kind of manipulation to continue even without many of the retail owners of this stock.
I think there is definite technical reason why ... look at this chart.
Also with the large amount of float. The stock can really be pushed at times. ...
Noe that we are here 2.94-2.97 is the next major support.
Quote Originally Posted by airman
"I would like to think sooner, but 7/21 is my guess. Unfortunately there is a H & S formation that could possibly take us down to 3.04ish too... hope it fails but...
Dang I was hoping I would be wrong and the technical weakness would not play out. 3.09 low as I write:(
It seems to be technical weakness that is being exploited. I am not saying it is likely .. but down to 3.04 is possible before recovery.
Here comes that shake out of the weak hands I was talking about :(
I would like to think sooner, but 7/21 is my guess. Unfortunately there is a H & S formation that could possibly take us down to 3.04ish too... hope it fails but there is something out there...
Did it hit 2.50 intraday? Didnt think it got there before .... but in any case ... it seems the close was a new high.
well we did not close on the high of the day .. but I think we did have a higher daily close so that will do!
Wow on a day like today i thought there would have been an influx of comments .... anyway ... trying to breakout!!!! 2.50 so far ... wooohooo we just need to close on the high
Something we definitely agree on. Personally I have been waiting 2 years. I have made plenty of money on this stock and was going to treat myself to a lifetime membership when they came out with a...
We have had a technical breakdown. I have been watching for it since the apple breakdown.(not related .. just noticed it coming then). Today we are at the 2.11 level and IMO there is good support...
There are quite a few more than I knew of. Thanks for the link.
It could just as easily seem that this is a tough economy and there are those that need the cash .... or now that the price is...
Debt is being serviced. There is no reason to believe that there will be any problems in that area for the foreseeable future.
Free Cash flow is increasing year over year. Subscribers are still...
Not sure how I can't take it too seriously .. you parsed my every word :)
You may think you smell smoke because you are paranoid. Look, sell away if you are scared of what you do not know....
You are reading too much into what I am saying. ... let me restate:
The analogy was about if an individual should or should not follow what others are doing for the sake of what they are doing...
I think that is a bit of overstatement. I would not say "everyone" is running out of the building ... not even close.
But there is also another analogy. if a whole bunch of lemmings are running...
Not sure what to make of it. I personally am not ready. I have other things that need to coincide with a sale. In any case I think there is still upside potential. We shall see.
Be careful. The market may have more to say to the downside. Just in time to trump any good news out of the company.
fine here. Looks like every one has left the building. Maybe August will bring them out of the woodworks.
Where is everyone? Getting ready for next week?