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Re: Intrepid2 post# 7620

Friday, 03/22/2013 10:53:24 AM

Friday, March 22, 2013 10:53:24 AM

Post# of 32544
Hello,

Actually the price action should be a lot worse if we are just systematically being ripped off by management. Thanks for the warning, though. I'll be wrong, of course, if this breaks below 52 week low.

Now, holding on to a technical support level. I am usually a fundamental investor but when price discovery is difficult, technical trading rules the day. I don't mind shaking out weak hands on news that will not affect us for a while, not before a likely decent balance sheet this quarter. (which will come before any stock splits).

Best of luck to everyone, sellers and buyers alike,

Thanks

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