GREY:PGDIF - Post by User
Comment by
mill44on Feb 12, 2015 2:11pm
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Post# 23423112
RE:Off topic: please excuse
RE:Off topic: please excuseNo fundamentals will explain the sentiment towards a stock, Shopperator. I had a feeling that someone had been eager to unload a lot of shares (more than a few million) around 1.1$, so I stayed away. I wanted to see a direction. I got my answers.
There was (is) a lot of bad publicity around them, too.
The chart says to me that it is safe to ease in now if you are interested, just keep your stop. I would get out at 80 and watch what happens. Once it succesfully retests the 80c, buy in again with a target of 95c - 1$. I would consider holding somewhere above 1.3-1.4$.