I would buy it in pieces though and not take my whole position at once in case it still has some dropping. The chart I posted should start to develop a red area down below that 80 line, just like it did when it was above the 20 line. That was the overbought line and we have dropped to oversold line.
I thought earnings were pretty good. I suppose it's not enough to justify the PPS UARM was at but to me this whole story is just getting started with UARM. They are really branching out. I liked the youth category growing 70%. I thought that was wonderful. What did you think about the earnings?
I would imagine that during the day or this week we should be getting downgrades, holds, or something from analysts that will give me a better idea of what price traget they are looking at... but that gap down was an opportunity, Imho.
"It was the best of times, it was the worst of times; it was the age of wisdom, it was the age of foolishness;
-- Charles Dickens
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