InvestorsHub Logo

wab2021

06/19/15 2:21 PM

#1058 RE: 4starman #1056

why would anyone expect a sell off.. i mean shares have to rise eventually but with a catalyst it rises faster

The_Free_Nebula

06/19/15 2:22 PM

#1059 RE: 4starman #1056

You are correct it is a guess...No doubt there is a behind the scene action going on. However if you look at the 52 week high this stock was never supposed to be this low. Another theory could be that the management got their corporate act together and its moving to a mosr legitiate stock price in anticipation of not only this one FDA notice but because corporately the company is under valued...On the same token I know not even great stocks go straight up. at most there will be one more up candle before this consolidates w/o news ...I am betting on either a black candle or a small red one based on consolidation. JMHO

T