Post by
onedayyyyyyyy on Mar 22, 2011 11:16am
pps
this is the 4th day after the positive earnings...sell on news has happened...pps has bottomed at .55 and now
we see it going in a positive direction...there won't be any huge spike up but I can see this at around $1 just before the next earnings release..I say this because mb went to .71 before last earnings came out...and also, if next earnings are positive look for $1.50
Comment by
KingofGoodDeal on Mar 23, 2011 12:09am
good read -- this is a classic shaking out the weak hand. Imagine those who lost the faith and sold @.55-0.56 and thought it could drop a bit lower. Now it bounces back to .60 in no time. That's why i don't think MB is a day trading stock.The fundamental is getting better and better each quarter and it really takes time to turn around a company.King of Good Deal