You obviously have a handle on what is going on with this co. However, being a day/intermediate trader myself, I believe this co. is heading down. With two releases, this week alone, this co. still cannot sustain its level on low volume. It has broken through the support of $5. three times this week, with these news releases. I believe it will be in the $4 and possibly $3 dollar range in a short time. Not to piss anyone off with my outlook, just stating the facts as I see them, (making money on this co., or any co., regardless of direction is what it is all about). A great opportunity to short, imho.
Good luck,
Gary |
