InvestorsHub Logo
Followers 37
Posts 2142
Boards Moderated 0
Alias Born 02/04/2014

Re: d-trdr post# 13160

Thursday, 03/26/2015 2:10:06 PM

Thursday, March 26, 2015 2:10:06 PM

Post# of 14097
I was in your shoes for months and just said the same thing. But looking at the business side of things now and general stock knowledge says things are going to get worse before they get better. IR isn't going to tell us anything bad so take what they say lightly. But what we can see is Not much bid support to absorb any sell off one big seller decides it's not going anywhere we could see .003 maybe even lower. The low SS is very nice but it works two ways they move fast and drop fast. Last time it fell low it had nice support in the 3s and had a nice run. This is a trade stock right now don't marry it unless they have proven revenues cause profitability is no where in sight. As they increase there national footprint profitability will probably decrease. IMO If your holding in the 3s you should be safe.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.