Lowtrade you mentioned shorts price target and time frame. What is your take on this PO (price objective) of $1.00 posted on stockcharts TA site. http://stockcharts.com/def/servlet/SC.pnf?chart=GTE,PHTADANRBO[PA][D][F1!3!!!2!20]&pref=G The pattern there is descending bearish triple bottom break down at price objective of $1.00 and reversal. I would think shorts are basing their opinions purely on TA and financials and that would be their cover price. What do you think ?
And as Jack always says: "You can't handle the truth! Son"
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.