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THREE-DAY-TRADER

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THREE-DAY-TRADER

Re: ©PROPHETABLE post# 35

Saturday, 06/20/2015 9:34:45 PM

Saturday, June 20, 2015 9:34:45 PM

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CTP, not a bad possibility among the 52 week low Watch List and among those that I'm in process of looking at currently.
It is in a sector that I don't normally prefer for better volatility trading, but on its own merits it is worth looking at in this instance for consideration.
In short,
It is on watch and certainly represents the characteristic of a short term potential technical rebound play.

I know there is a'buzz' about a speculative buy out. I don't make it a practice to buy a stock mainly based upon that type of speculation, but it certainly is an added bonus for potential as an upside catalyst.
But on a technical rebound basis, I could see CTP rebounding to 2+ from recent lower 1.30 area.

What are your thoughts? Why do you ask about CTP?
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