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macjockey

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macjockey

Re: None

Friday, 08/15/2014 5:16:16 PM

Friday, August 15, 2014 5:16:16 PM

Post# of 6805
I think there were some folks that bought in to this over the past two-four weeks that were gambling on earnings pressing the stock forward. It didn't really happen, and now some of these folks are exiting flat or a few cents ahead. This stock is going to require either partnership news, KRN approval, a buy out, or an actual profitable quarter for the stock to move forward and break out. I think we are going to see more of this 1.30-1.40 garbage until then. Fortunately, I also think that the earnings have given us firm resistance around 1.30.

I loaded up another 7k today.
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