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Re: BurningFuel post# 799

Thursday, 08/09/2012 11:39:18 PM

Thursday, August 09, 2012 11:39:18 PM

Post# of 1344
Looks to me like it is possible that it may still run up and stay over $1/share and avoid a R/S.

I have been in two stocks that did a R/S recently and went much higher not long after the R/S to new highs. One was another regional US bank stock like this one and it went from about $6 after the R/S to over $20 this week.

IIRC this is an AMEX listed stock, so if it gets to well over 2-3 $s/share the big boys will support it if earnings are in fact turning around. They like stocks that are over $5/share even more.

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

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