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Aurorapet

08/15/18 12:28 PM

#17809 RE: HopeSkeptic #17804

Ive been watching this stock since last fall. Based on the movement I have seen and my limited experience, I don't think the lower bid will see any play. The higher bid...possibly. I do think you should have picked up some at $4.55 today.
goodluck...perhaps Monolith has a more educated answer? Mono? Or AP17?

TheMonolith

08/15/18 12:33 PM

#17810 RE: HopeSkeptic #17804

HS - both have a chance, the higher one being much more probabilistic.

My probability matrix with current data says that a move down to the low $4's is still possible, but became less possible after recovering $5 like it has. It will become less possible if CVSI stays above 5.05 into the close. A break over 5.40 would make the low $4's test very unlikely. Let's see what develops.

Kswies

08/15/18 1:43 PM

#17828 RE: HopeSkeptic #17804

Without another leg up or strong close today $4.40 is absolutely doable, IMO it would be healthy to consolidate about now.....I don't know about the 3's though, that would equate to a plunge the likes of which we have never seen. One thing is for sure, we are going to find out. I have bids at 4.60 and 4.35.