GREY:UEXCF - Post by User
Post by
st0ckpickeron Nov 02, 2004 10:18am
256 Views
Post# 8121868
Funny thing...
Funny thing...I was a seller in the $2.20's and up and several were quick to point out the folly of that trade. To the moon as they say. Now I am buying (BOT yesterday and have a low ball in for today) and quite a few seem ready to throw the baby out with the bathwater. I thought buying low and selling high was the order of the day? I won't comment on absolute value here as there remains a question until better results are released but as far as relative value goes this seems to be the buying range. It might fall all the way to the 200 Day in the $1.05 range but that would be extreme and we have already retraced $1.00. That means if we get the extreme move there is likely only $.50-.60 more to go. Not a recomendation, just commentary.