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Re: hweb2 post# 110621

Friday, 02/09/2024 10:19:01 AM

Friday, February 09, 2024 10:19:01 AM

Post# of 112708
VIRC. They are coming into a seasonally weak quarter where they typically post a loss. And on a technical basis, the stock broke down below its 50DMA, so perhaps some stop loss orders got hit. There is a gap in the chart back to last earnings release which would if closed, would be low 7s. I think this is decline is overdone, IMO. Initiated a small position here in the low 9s

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