Today sellers unloaded with 3.3X more volume then normal. 7 million shares traded comparing to avr. of 1.6 million per day suggesting fruther lows are ahead. High volume speaks loudly. The fact that stock did not bouce back a little suggest that weakness and downtrend will continue http://finance.yahoo.com/q/hp?s=GTE
Shorts have entered today and will short this to the all time lows as it happened 6 months ago with no strat launch.
IMO short term target will be $2.00 and if no Russian money in 30 days and no Feb strat launch you will see all time lows of $1.xx again. I'm calling this now. I'm not a shorty. Good luck.
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.