Post by
bullchart on Oct 30, 2015 7:36am
Nov 12. Q3 results
And like some on this board says, we very well could get a surprise to the upside. I agree, one wants to have a good position in this before next week as we approach as we approach November 12.
I think we still have a few days to consolidate here in the $40 area but I am keeping in mind what that usually due to an oversold stock. They just may take this back a bit and take out those sell stops below us. Usually done before a nice run. I am prepared for that because I see no reason this should not be in the mid 50's to mid 60's just based on what they have going for them presently. Drive her back, collect the stops, and the chase begins.
Keeping an eye on the bidding above 40 today. 5 trading days to go. Spreads expected to widen.
Comment by
teckstocksonly on Oct 30, 2015 7:56am
I don't understand why only 5 trading days to go?
Comment by
bullchart on Oct 30, 2015 9:44am
I use the wrong date. Missed a week. Should be 9 trading days to go after today. Looks like lots of time to get a good position. I guess the question will be, will they run this up before the report or pulled it back for the big boys to enter.
Comment by
TechTarget on Oct 30, 2015 11:29am
Yep, so will it run before or after the financials? I'm betting JUST BEFORE. Agreed, might have some more time to buy this one on more dips. With the VRX thing, I'm guessing we'll see some more nice buying opps here...