As a Devil's Advocate, I have to disagree with you Vickers.
[whenever ALYD dives on big volume (i.e. large investors dump) and the
stock tanks, we immediately post that "this is the time to buy more!" and VOILA'...there it goes up a point or two the next session...We basically rally this stock ourselves]
Now, whenever the stock has fallen below $15, it has rallied much more than a couple points, and far more than what can be attributed to this thread, or any other...afterall, it averages over 100,000 shares traded each day.
chart.yahoo.com
In Nov 97 it went from 13 to 20.
In Jan from 14 to 19.
In March from 14 1/2 to 19 1/2.
It seems obvious to me that this 14 to 20 area is the trading range, and if you get in around 15 you can pick up a nice return on the pop back up to the top of the range. Call it a suckers rally if you want, but 30% is 30% either way, and one of these days it's going to rally past $20...will it be this time?
Stay tuned!
T x |
