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Re: pdicamillo1 post# 1626

Friday, 12/29/2023 10:23:42 AM

Friday, December 29, 2023 10:23:42 AM

Post# of 1755
The selloff in January was most likely a selloff triggered by technicals. Some investors may have had stop-losses in place near 52 week lows, which were triggered, causing a greater sell-off. Notice the price bounced back slightly, equalized, and doubled in price by August.

Hopefully Wayne can help hold a bottom around 2.25 - if he continues to buy in his previous buy price range of 2.22 - 2.25, and it currently looks like there is some buying interest at these levels. Some news before the next earnings release would be nice, but I wouldn't count on it. Most likely see some sideways movement through January/February, going into earnings in March.

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