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