RE:ANDREW MCCREATH JUST NOWMaybe Andrew finally got his full position in CXR before the $60 level. :) nah, these guys would not be that devious.
What took four days to lose $10 may only take three or four days to gain it back. Matching last Wednesday and Thursdays move so far.
You know something is still oversold when there is efforts to drive something down on little or no volume and then rebounds quickly back to where it started from. Certainly not saying this could not tread water in the $40 area for a while but far more likely it will work it's way back up the ladder, at least to the 200 day moving average, over the next few months. NHC comes up with news this morning and look what's happening. Totally being ignored. That's what happens with oversold positions in over performing sectors. I like the sector and feel it's a sure thing going forward. Probably why I also started adding CPH to my health portfolio over the past week or so.