Indicators indicate Overbought right now. The Money Flow Indicator worked to predict the last uptick, it is now predicting downward movement... IMO... IMO. just my opinion.. DON'T SHOOT ME, I AM ONLY THE PIANO PLAYER.
What about the fact that the last financial statements put out by this company show Investments on the books as ST assets... is this not in itself risky? What if they are overvalued... or if they lose their value...
To be specific...
Long Term Investments = 300k Total Assets = 500K...