Some deep pockets shorting this stock. They can smell insider selling and swarm like sharks. People who follow closely know the reasons, but the shorts just smell blood in the water. These guys were relentless today. The fundamentals should put a floor under this as most who bought in the 13 range made money. If some buyers step up to the plate, the sharks will swim elsewhere. At this stage of the game, with no analysts covering, much less institutional coverage, a small float isn't all bad. When the buyers come in, and with the eps, products, and a great management team, they will, RADAF can run 2 to 3 points in a day. Getting out is easy, Timing the re entry so as not to miss the run's the hard part.
Fred |
