GREY:LFDEF - Post by User
Post by
Links68on Nov 25, 2015 4:59pm
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Post# 24325885
If the pattern continues...
If the pattern continues...
from the previous 3 quarters (and possibly even prior ones) we will see the sp make its way to $2.30 in the coming weeks.
Q4 2014 - sp prior to release was $2.20. After the release came out UR bottomed at $1.75, but then made its way back to $2.23 a few weeks later.
Q1 2015 - sp prior to release was $2.44. After the release came out UR bottomed at $2.23. After it bottomed UR was back to $3 after a few weeks and started its run to $4.99.
Q2 2015 - sp prior to release was $2.87. After release came out UR bottomed at $1.85 and rebounded to $2.99 two weeks later.
Q3 2015 - sp prior to release was $2.30. After release came out I think its safe to say we've bottomed at $1.52. 2 weeks later will be Dec. 2nd. If the pattern continues of rebounding to pre-release prices within a few weeks after bottoming we should at least be at $2.30.