Replies to post #204 on Babcock $ Wilcox Enterprises Inc (BW)

[Value_Investor]

I made another round of Quick gain yesterday by buying at $0.32 ~ $0.33 then selling at $0.349 ~ $0.35 since $0.32 seems a New Unbreakable Temporary support. I'm going to make my Fifth flipping today because BW will test $0.1944 again as soon as the next week...

Hopefully last Thursday's New low $0.1944 could form a New Bottom support unless we hear very bad news again!

Anyway BW's current Book Value has already turned to Negative -$0.33 a share from previous Positive one based on the current quarter report! I'm expecting to see further much much more Deep Negative BV in the coming quarter!