InvestorsHub Logo

Rkmatters

05/08/15 8:31 AM

#34372 RE: slappdaddy #34368

This is not 2014. The drop already happened from low $9s to high $7s. The days of anything below $7 are gone. In my opinion we will never see a close below $7 again unless something goes awry with the science. Retail can sell out all they want, smart money will pick up those shares. Right now the stock is consolidating and the Bollinger band is tightening. No reason to believe that the next big move it makes will be up once it's ready. In the meantime its range bound, no reason anyone is going to be scared off into selling. And no reason why a majority of retail will be frustrated enough to sell out either to cause a huge drop. Nothing to see because it's truly a wait "til the data" comes in; unless of course, the shorts realize there's no where for the stock to go but up. That certainly could start the next leg up move and would be wonderful to see. :)