Connor: HGSI, once a $16 stock a few years ago slipped to about 1.80 last week, bounced to about $2.20. The stock, like many others, is in a bear market, a mark-down phase, a downtrend. Will it bottom here? I don't know. I have no idea what HGSI does or how solid a company they are. If you have an interest in HGSI you are buying the company's stock, not the company. And they are two VERY different animals. The other factor that is important is your trading style: If you have the time and the resources and like the company's long term prospects it might be a nice buy for you. For me, and my trading style, it might be a two-hour day trade, short or long...not right or wrong from you, just different.
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