Post by
88guy88 on May 01, 2023 12:45pm
RSI is 26.92...trend still down
50 cents is still next level support....technically speaking.....looks like some reasonable support buying at 52 cents for now
Comment by
1condor on May 01, 2023 12:57pm
No reason whatsoever to buy this stock at this time. Way too many headwinds. Just sit back and watch it tick down a couple pennies a day.
Comment by
88guy88 on May 01, 2023 1:14pm
Hey 1condor!.....price should settle around 50 maybe a bit below like 48....I know you were calling for the 30 cent range but a lot would have to go wrong for it to get that low.....a new CEO and a new manager coming on board and a couple of people leaving looks like they are cleaning house a bit to get a new direction What do you see happening to get to that 30 cent price?
Comment by
Puma1back on May 01, 2023 3:10pm
Someone at Goldman has been buying on average about 250k shares a month since the start of 2023. basically soley accumulation although pace picked up last month
Comment by
88guy88 on May 01, 2023 3:47pm
Average DAILY volume is 237100......so someone buying 250000 a MONTH at Goldmans is pretty meaningless really....