RE:RE:RE:Well Okay Now...
lesson number three: don't count on a stock performing as expected until it actually happens. The double bounce can be a good thing but it still needs to be confirmed that it is in fact a reversal. When I commented that something is up... it was based on very unusual premarket activity indicating upward momentum could be in the works. Still, nothing has been confirmed as of yet. Yes... we could still end up dropping below the 52 wk bottom, but with news of promo underway I wouldn't be surprised if it starts its pre-climb up to reflect sentiment for upcoming FDA approval (which opens the door wide open for KLH to be an undeniable leader in this particular market. I wouldn't be surprised if it drops below the bottom support either. Anything goes. I hope for the best, expect the worst, and govern my investments accordingly. GL