RE: RE: RE: who is caught on the wrong side of 3 b gonna wait for clearer signs? buy at 3.20 next week if you see 3 bucks hold this week and edge up a few pennies a day? Curves like this onet string along the market. There isn't a good reason right now for a retest for thoe that aren't in......because slowly the ones that wanted in are in. The steady volume buys. Check the ammount of 100k share buys in the past 5 or so days, not to mention the 4.5 million bought on the fakey down gap. For eks, no mater the direction, the large green buy columns have been green. Loking stricly at the buyer vs. seller setiment alone..no price involved....its been acumulation for quite some time...since 2.60s
I just don't see any etity unloadin shares right now, directly, or sneakily...its all about the buy.
Bet uuu beats estimates on arnings this time around, the last 2 quarters were good to neutral result, and the price is unchanged from then. It moved up and down, but we will be loking at 3 in a row with no $ change..this is why the retracing is done. if we were at 3.50, then revisiting 3 right now would have merit. Also note the analyst buy ratings avg ishigher now than it was in the last 6 months. We have a steady linear regresion curve from 6 months out...and that sits at 3 bucks resting on that line. volitility yes, but the curve is perfectly flat from 6 months back to today. its when the turn around began, and now the big buks are backing it up finally with increasing buy ratings. Those cats are never the first to announce turn around....they are safe, and wait for mapable result that show its allready hapened.
The good news is somewhere in the next 2 months the sideliners will get a chance to enter....but it will be more expensive than today.