GREY:LYDIF - Post by User
Comment by
flayeron Dec 22, 2012 3:48pm
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Post# 20765776
RE: capitulation 1.96?
RE: capitulation 1.96? This weakness is pretty much accross-the-board, with a few notable exceptions. I'm not bettiing on it, but next support for this stock is a downtrend line that (depending on how sharp your pencil is) lies around $1.63. Beyond that a buck-fifty or so. Most of this weakness can be applied to year end position squaring by Funds......noting the huge after hours volumes on quite a few stocks in this sector.
Kayak winterized Roz. Bidding on some serious Mukluks on eBay too.