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skepticone

07/21/17 3:57 PM

#3576 RE: packerfan9 #3575

According to the RSI 14 chart, we did not reach oversold, but I do understand what you are saying. We were at 35.77, 30 is oversold. Also, looks like there is a bit of support at the 1.45(ish) area. I'm thinking we haven't seen the bottom yet. Good earnings could change my opinion on that though.
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skepticone

07/21/17 4:20 PM

#3577 RE: packerfan9 #3575

It is hard to read what investors are thinking about the Rights Issuance. Was yesterday just a knee-jerk reaction before thinking it through or is today just setting up for another leg down?