InvestorsHub Logo
icon url

Masterview

08/06/15 10:38 AM

#37786 RE: Stockrocketer #37782

Agree, expecting 50% jump in one day.If the share price stays this low get ready for a hostile take-over bid, 1 dollar by the end off this year is my prediction, IMO.
icon url

StockItOut

08/06/15 11:02 AM

#37792 RE: Stockrocketer #37782

SR, I think I get it, though your last paragraph still a bit unclear.
I believe you are saying that in a market which is under correction, good news of a company, even good news over several quarters, none the less still tends to lead to a slower return to higher prices. There can be strong 50% moves in one day on good news, but in a market correction environment the share price will often, 80%-85% of the time, still sell-off and correct back down, such as to form a shape of a Cassiopea.
Correct?
Or you are saying, that after a Cassiopea technical formation, only 0%-5% of time on a 50% up day will the share price hold when market is in correction mode, and likely 80%-85% of the time, even on good news after a strong move higher (like 50%...?) the share price will still correct lower due to climate of the market in correction mode.
Yikes!
Not sure about your meaning of a 0%-5% chance for a one day 50% jump.

This is kind of fun... ...translating translation.

Cassiopeia:
http://www.allthesky.com/constellations/cassiopeia/visual.html



[this is my final post today. good trading all.]
(also, I'm in today with NUGT at $3.04)