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S&P 500
5,792.04
(
0.71%
)
US TECH 100
19,706.40
(
0.69%
)
Dow Jones
42,512.00
(
1.03%
)
Brent Oil
76.63
(
-0.92%
)
Bitcoin
60,697.60
(
-2.31%
)
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takowasabi

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takowasabi

Re: bonfirelightning post# 31645

Thursday, 01/29/2015 3:14:20 PM

Thursday, January 29, 2015 3:14:20 PM

Post# of 87250
I agree with you 100%. People need to hold their nerve. Just because some traders are prepared to sell their equity at 5c does not make them right.

Let the selling take its course. Once the excess free float created by the convertibles gets mopped up we should see the stock move higher. Its really just basic market technicals at work.
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