GREY:SXRZF - Post by User
Comment by
LouEon May 12, 2011 4:39pm
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Post# 18568574
RE: RE: 3.45 is good enough for me
RE: RE: 3.45 is good enough for meyes, Still selling in the 4's how deep into the 4's depends on the week.
With resuls out, the chance of breaking and staying above 4 are slim. I was thinking at 3.97 that the end was over, but the tune changed with the run to 4.15, then the opening higher...followed by reality of a missed target.
We will get another crack at 3.60, the cycle should be up and down with 3.80 the centre.
The reason uuu dropped while revenue was up in 2011............the stock price is also up...like double right now.
but the target was missed.
as for CCO, it is trading very near the 52 week low....buying that one in the 25s is sure to pay big. uuu 52 week low was 1.97.....a long way from here.....cco is extremely oversold vs. the rest.
After making money everyday for a month....I too took a haircut today. At least some decent bargains were bought as well though. I did get cco today at 25.40..........it was 29 a few days ago! and 40 not long ago. its 52 week low is ~23