GREY:TBTEF - Post by User
Post by
bshort92on Dec 10, 2013 4:23pm
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Post# 21991677
Trend Analysis
Trend Analysis
Had to take one last glance at the trend. Going lower as predicted. Shares are getting hammered as SDP and DRIP investors (the big pigeons in this play) are in a belief that their reinvested shares will be cheap when executed on the 16th. In reality the shares are tanking amid $98 + WTI. To reiterate shares were $3 10/30/12, dropped to $1.60 7/31/13 and now they are ratcheting lower at an inflated $2.14. The chart is screaming $1.90 as the next entry or rallying point. Have to wait this phase out as the traders have a huge play on marching this issue lower.