imo you are right technically. However stocks are worth whatever they trade for. Right now, I think the Ks have a better chance of doubling, in the short term at least, than the Hs or the Ps. In the long run its worth $25. So I don't think folks should ignore the Ks. Still the best strategy imo is to accumulate Hs, Ps, and Ks. Don't flip anything...
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.