GREY:LFDEF - Post by User
Comment by
BlueHorseshoe13on Mar 24, 2016 1:55pm
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Post# 24698324
RE:RE:What is the path post CM day?
RE:RE:What is the path post CM day? Tough question, no idea how anyone could guess at how shareholders at a buck will view undisclosed news. The three options for me were:
1) hold, take good with the bad
2) sell 3 weeks ago, look for pre CM day dip to buy in
3) sell 3 weeks ago, assume CM day not great, look for dip in apil/may to buy back in before Q1.
If the news is bad well yes we could see a buck. With HRC fully FOC'ed up I'd have a hard time understanding how we could go below a buck.
If the news is luke warm sure we could see some resistance at 2 but who cares. If the company is solvent and trending upwards and if everyone on this board is a long term value investor than it's all good. I'd prefer that than a run up on heresay.
Seems I've been absolutely snake bitten on this board. Everytime I post we lose a nickle. Apologies in advance if we have a bad close today.