RE:RE:it was about timeJohnnyUtah16 wrote: ....... I think we'll get a pop today, likely not that much. Then we start drifting down with tax loss selling again. I don't see this convincing people to buy into a company that has dropped from $12 to $2 in a year. I hope i'm wrong, but I don't think I am.
Johnny, I'm thinking along the same lines......Is this a one-day mini-pop or will it have some legs....?......How much more tax loss selling will there be between now and early / mid December, and will demand for the stock outweigh the selling for tax loss / financial statement clearing purposes, thus keeping the share price stable or rising....?
My hunch is that the stock likely won't exhibit much sustained upward momentum over the next month or so unless there are other announcements pending........