Visteon Corporation (VC)

[xyang01]

I just feel that with no news whatsoever, this stock will slowly go down. april 30 is a long time from now. Sure people keep bringing up the argument of the 4th Quarter earnings, but that can only run for so long. Volumes are going down each day, the highs and close lowers each day.

I think C/S has a good chance of being saved, especially if they push hearing back to April 30th and 1st quarter shows good earnings. But for the short term, the pps will continue to go down just because people are getting less and less interested. Sure their balance sheet says that PPS should be more than $1/share, but mm and shorties going to make life a lot harder for those that wants to long.

And I'm not a wolf in disguise, I'm just really passionate about trading, and I just want to learn as much as I can. I've just been picking things up as I go along. I don't usually trade PK, but I'm also major in accounting, and looking at the balance sheet, this was just too good of a stock to pass up. I bought in at .35, but greed got the best of me. You live and learn.