GREY:EORBF - Post by User
Post by
StanleyTools1on Oct 23, 2012 11:24am
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Post# 20513715
Technical picture eroding
Technical picture eroding A close below $2.55 will send a very bad signal, and a likely complete retracement of the September "pop"...
This is what happens when you have little institutional support. Shorts will crush retail everytime.
Clearly there will be no deals until the market is confident that HPA will be producing 3Tpd and at the expected specifications. Tons of pressure on the management team to deliver.