I do not consider this a high volume drop at all it can and will go back to 4.00 pretty quick... panic sellers gone and trust me the whales will be buying big on this dip
I have to agree. Whatever fair market value for PRKR is right now, today's panic takedown was a bit overplayed. I'm trying to size things up here, and according to the chart, A/D is lower than it's ever been, and that's after winning the 'less-than-sought after' (paltry?) $173M? Am I missing something? Have shorts downplayed the (less than expected) judgment too much, or what?
I can't imagine any Longs still selling at this pps, which means only shorts are selling, which means all shares at this pps are gonna be profitable once common sense kicks in.
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