Down she goes !!
- Down 9% on a day when Gold hardly moved a 0.5%... EDV is done for this last bounce to $1.00
- The pivot at .77 is breached and now the next target is .71 and then .65
- Head and Shoulder very prominent and the move should take this to .60 and even .55
- I told you guys that the Market is really disappointed with this P#S and EDV is rightfully being "punished".
- I think EDV is going to test its low of .40 in the next few days. Who, in their right mind, will like to even touch this P#S !!..
- That 12.5 million share dump was a clear indicator that it is pretty much "over" as far as the bullish move for EDV is concerned.
- I kind of find it funny how, in the last conference call, EDV's management talked about increasing shareholder's value. After that call, EDV has dropped 25%. I am not sure if this is what they meant by "increasing shareholder's value".
-Sorry Guys, but this story is over. Take your money and run. He who is out first is out with the most.