InvestorsHub Logo
Followers 63
Posts 10809
Boards Moderated 0
Alias Born 11/10/2014

Re: None

Thursday, 10/08/2015 12:13:43 PM

Thursday, October 08, 2015 12:13:43 PM

Post# of 29204
The bounce off the low has about run it's course give or take.
Now it should retrace toward the low ( as it has with so many other lows ) and test it.

If it holds a few times the process of an extended and lengthy base building will begin. It's a "process" not a reversal and with the collapse of the stock ( and questions hanging over the viability of the company going forward ) it could years before a convincing base has been built.

If it doesn't hold, it'll be a free fall to the bottomless pit.

If shareholders don't mind waiting for this to play out, it'll be an interesting journey.
If shareholders have just about had it with the story, it's time sell, move on into something with a more predictable future and much better management.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.