RE:Well two short trading days to go...i know squat about dik, but recent trading is mirroring last year in the sense that we saw a nice little bump up (last year it was fro 3 to $4), and then traded in a pretty tight range until sept/oct. Whether that's was partially the sell in May crowd coming back in etc, as well as the US election, it's all speculation. But it was a similar flag formation. Last year i remember people calling the flag thingy, but the "pennant" seemed to extend for longer than is normal for that indicator, which maybe helps explain the subsequent explosion up to 17. But it feels to me like the coil is tightening, and we'll trade in a similarly tightening range until the next breakout. The passing of legislation in the fall will be interesting. Good times =D
SteadyAsSheGoes wrote: I thought we may have run up to $9.50 to add some additional cushion, but may not be the case. As much as I'd like to see green early next week, I'd settle for little volatility/sell-off. The markets offer investors enough curveballs in these summer months, that a steady hand going into later Sept would serve us well. Looking forward to some light reading on Monday though! Guidance is nice, but there's something to be said for going in with only your intuition and gut feel. Again, I'm looking for $18+, coupled with a significant reduction in loss. GLTA