InvestorsHub Logo
Followers 2
Posts 1257
Boards Moderated 0
Alias Born 07/16/2006

Re: Seasound post# 14346

Thursday, 12/27/2012 6:47:07 PM

Thursday, December 27, 2012 6:47:07 PM

Post# of 29204
Where's the bottom if we blow through .86?..

The technicals have broken down..(see barchart link)..

Long position holders need a fundamental change..large order..cost cutting..wage cuts..restructuring..etc..to break this trading range..shorts buying to cover give some price support..but additional short covering may also mean institutional investors selling there long positions..still waiting for that mother of all orders..

These are my views..and not intended to hurt the feelings of other Capstone supporters..

http://www.barchart.com/opinions/stocks/CPST
Join InvestorsHub

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.