Not a very good sign going down 1 - 5% everyday....even on up days for markets...with earnings upcoming, I wonder if certain people 'in the know' are selling prior to earnings...regardless, this is a very ugly chart and atml is now getting ready to break it's 52 week low....I may have to bail if things dont turn around....I still have shares bought at many different levels..I have bought as low as .60 and as high as $2.02, and have sold some as low as $1.15/1.25 - $7.00.....but, I still have shares with a nice gain above $3 and I dont think I want to risk losing the gains and seeing if this heads back to below a buck...nothing worse then having nice gains, not taking them and having them turn into big losses you are forced to take....I have always liked this company and really do not want to sell down here and I may, or may not.....but I am concerned that the technical charts look very bad while major indices are still holding up well...if this cant get legs while indices are holding up, what will happen to it if/when markets as a whole gets whacked? And any negative words from the company or mising the estimates, which I think is more likely then beating the numbers with good guidance, will really send this into a freefall, imo....
Hmm....sell or hold, sell or hold, sell or hold, sell or hold, sell or hold.....what tough decisions <g>.....I think most ATML'rs have probably been out of the stock for awhile, judging by the lack of either positive or negative posts..... |
