Post by
godisgr81 on Jan 24, 2013 11:16am
.69.... probably the bottom .,. i think
There's over 90K shares at .69. This could be a good support but could easily be taken out... God only know where this will bottom...
Comment by
2guys on Jan 24, 2013 11:20am
It gapped down from $078 to $0.76 today so if there isn't anything fundamentally wrong, which I assume there isn't with this stock, then it will move to close the gap IMO, in the short term as the bottom could have been set today. We'll know by the end of day close. It needs to move up and close near today's open. JMO
Comment by
TimingTimingTiming on Jan 24, 2013 11:21am
stocks rarely reverse in the 80's or 70's... shorts typically allways hit the 60's to reverse... This is a crucial point right here... If the stock failed 65 imo its toast.. 67 I believe firmly would be bottom......... or something is wrong.. not just a short situation... I'm content to take a stab at it here when it looks pathetic.. Thats the master plan of any short to cover..
Comment by
TimingTimingTiming on Jan 24, 2013 11:26am
agree on the close for reversal... what you dont want to see is a close of 70.. we need 75plus..
Comment by
diabase1 on Jan 24, 2013 4:40pm
could you support your thoughts on why GCU should be 0.75 at the close??