InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,473.17
(
-0.25%
)
US TECH 100
19,266.00
(
-0.73%
)
Dow Jones
39,134.76
(
0.77%
)
Brent Oil
85.03
(
0.39%
)
Bitcoin
65,015.91
(
0.07%
)
Post# of 1057
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

morm13

Send PM Follow Ignore
Followers 0
Posts 139
Boards Moderated 0
Alias Born 12/15/2006

morm13

Re: None

Tuesday, 12/18/2007 5:29:41 PM

Tuesday, December 18, 2007 5:29:41 PM

Post# of 1057
I think it is a pretty clear case of tax selling. Micro caps in generally are getting hammered, normal for this time of year. I am hoping for this to go below a buck as well. Hopefully the company will start turning a profit, even with APPCO oil I suspect they will still post a loss for Q1. I am not going to try and pick a bottom though, I will buy when the trend reverses, plenty of upside if they prove out their buisness plan.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

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.

Sign Up