Actually the reversal would be $2.15 (green line)not $3.75 http://stockcharts.com/def/servlet/SC.pnf?chart=GTE,PHTADANRBR[PA][D][F1!3!!!2!20]&pref=G and since you made that statment "If we see $1 soon something is severely wrong and i would definitely not touch this stock then what would you say about going down from $5.53 to $1.14. THAT'S NORMAL TO YOU ? If going down from $1.42 to 1.00 (30% decrease in PPS) is "severly wrong" then based on your anology of downtrend going from $5.53 to $1.14 (That is 80% decrease in PPS) would have been WHAT ?
Sorry you are in denial. Based on what you just wrote you definitly think there is something wrong but you are not willing to admit to it. There is something wrong othwise PPS would not reflect current price. Does GTE has batteries and high altitude propelers now ? The answer is NO. What about solar panels ? The answer is maybe or yes. Whatever dude. Rethink your statments again.
(Edit) HA HA..YOU JUST EDITED THAT STATMENT OUT OF YOUR POST. IT SHOWS WHO IS WRIGHT HERE.
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