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Re: None

Friday, 01/27/2017 11:18:11 AM

Friday, January 27, 2017 11:18:11 AM

Post# of 38634
A while back someone was panicking saying bad news is on the way because the stock moved lower to the 2.5 range on low volumes. I just want to say, think logic. No news was expected at that time frame, other factors can affect the stock like the general market trend in the sector.

Now we're close to acceptance and speculation of a possible deal waiting on acceptance. See how things moves up again? It's just regular market trade that you shouldn't be too concerned with if you're long.

The fundamentals hasn't changed and continue to improve. If you're concerned set your stop lose to protect your investment. But, you don't panic on the up and downs of the market short term. Otherwise, you are better off trade rather than holding long. There are plenty of opportunities where the stock moves to 2.5 to 2.6 lows for an entry to sell off at anything above 2.8, 2.9. This stock is great for traders. Maybe not the best, but it's been a low risk stock on a trend up since last June.