At this time the stock is still dropping and the next support line is around 5. Am aware that with the closing of many stores they are now in better fundamental shape. Last year many felt this company may go under. The options are really cheap, and getting cheaper. Im mainly a chartist, and the $5 support line may hold. Also, just going into the XMAS shopping season, potential good news in the retail sector may help.
If the stock does drop to 5, the APRIL 5's may fall under $1.00. I'll take a chance at that price. |