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Re: DITRstocks post# 331

Friday, 08/04/2017 2:21:16 PM

Friday, August 04, 2017 2:21:16 PM

Post# of 385
Great rebound move off that rising 200dma. I'm amazed that analyst PTs are so conservative on this one. Presumably those PTs are for a year out, no? And yet i'm seeing PTs from analysts that are currently UNDER the present price in $25s. Scotiabank actually came out yesterday with a target price in Canadian dollars equivalent to only $18 USD!

That's a bit scary, so i'm wondering if such a low estimate along with a bunch of rather mediocre PTs from other analysts may lead to some volatility here and a trading range between, say, $24-26.

It's because of that possibility that i sold off today for just a very tiny gain in the low $25s, hoping to buy lower again.

My avg was 24.75-- just missed getting more shares at 22.80 when the s/price "only" fell to 22.95 yesterday afternoon. But testing such a low that far down from recent $30-31 price range reinforces even more for me the idea that we may see a lot of volatility on this one going forward over next several weeks or more.

I really like the longer term story here.