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Re: modrica post# 15984

Wednesday, 07/17/2013 11:20:36 PM

Wednesday, July 17, 2013 11:20:36 PM

Post# of 24405
I will be watching the 31.50 area tomorrow if they take that out it could go lower especially with the low volume. On the bright side...this pullback was on much lower volume after being up huge on big volume...exactly what you want to see. It looks to me like the selling is drying up....they make try to take out some stops to grab some shares but any hint of good news/earnings and this thing will pop big and we will be on the next leg up. I still think $40 comes quicker than people imagine. I too will have patience here.....I just keep punching up the historical prices for LBY, FTK and PIR from their turnarounds ....all had big pops , pullbacks and boring weeks....but all had HUGE returns over a few short years.....that is exactly what I am expecting here.