Thursday, March 27, 2014 12:09:39 PM
honestly I would be shocked if they offered pre-market trading to amateur traders. (but that wouldn't be the first time american financial practices shocked me lolz)
anyways that is besides the point.
the stock rallied and then dumped and the dump appears to be greater than the effective dilution.
that is reason enough to think that the stock has entered oversold territory..
whether you say it was oversold by a delayed reaction of irrational inexperienced monkey traders.. or I say it was oversold by gamblers and HFTs looking for greener pastures .. that is really just splitting hairs and taking an argument to the Nth degree of silliness.
the stock is oversold in my humble opinion so I'm sure you will be kind enough to allow me have my own opinion without feeling the need to hold my hand everywhere...
anyways for what its worth... I still see this one as a high risk stock for longs.. but it does have the ability to move rapidly.. which is something I like in a stock for swing trading...
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