Bond,
However until it does, it's action is very very hard to understand. There seems to be plenty of sellers, yet this company, by all accounts I've read in my DD phase, has stellar opportunities, rich growth potential, and many singing it's praises....
So.....Why is it acting so strangely? Not at all in the internet frenzy, and on down days, it compounds the falls.
Their last earnings were terrific, too....
Don't get it. This stock should be over 30, yet it's mired in the high 20's struggling.
Where's all this selling coming from? Shorters?
It needs something to move up, but what that is, or when, I don't know.
Steve
PS: What did you mean by snooping? That item I posted was not from me, I wanted to help this thread with an explanation of some of the downside last week, so I "lifted" it from post on YAHOO's board. There are some intelligent guys there with some insights, although they aren't able to break this spell.....
Chicken bones anyone? <g> |
