GREY:ALARF - Post by User
Comment by
BSdetector2016on Jan 31, 2018 6:47pm
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Post# 27475214
RE:month end sell off
RE:month end sell offI wish I shared your optimism. This has about $1 to drop before it starts recovering. IMHO stay away until someone else finds the bottom for you.
gvixid wrote: Massive volume on no news in the last hour to keep the price at $19.
A logical explanation is that it was the last chance for the divvy growth funds to exit before month-end reset of their holdings.
If that's true, then value investors should slowly come back in starting tomorrow. We were trading close to $21 under two weeks ago. No reason we shouldn't be again.