Post by
gibbonsj on Dec 21, 2022 1:06pm
will we see 6.32?
I wouldn't bet on it but it is in the realm of possible.
Comment by
ValueRider on Dec 21, 2022 1:53pm
Did some other dummy place a market order today? Lol
Comment by
gibbonsj on Dec 21, 2022 2:45pm
Valuerider the challenge you have with this stock is buying a meaningful quality at the best possible price. Sometimes market orders are the only way to go. When share price hits $7.50 that market order filled at $6.50 starts to look like a pretty smooth move. At 8:50 you're drinking whiskey.
Comment by
ValueRider on Dec 21, 2022 4:22pm
Valid point gibbons. It's been a long while since I've had to make a meaningful purchase of shares, since I've been loaded up for years now. The dummies that are using market orders for selling deserve the smack down though. that being said, one might argue us longs deserve to suffer the smack downs from market order selling, because we are bag holders lol
Comment by
Tropicalsun on Dec 21, 2022 2:31pm
Ya when trading volume is this slow, the SP could close at $6.50 or $5.98 I suspect 2022 earnings report will be released sometime after market close today. I like Iscafa's prediction, it also sounds reasonable to me. I think most here are still expecting, or more like hoping for an acquisition press release before the end of December / 2022, it has been quiet on that front.
Comment by
ValueRider on Dec 21, 2022 2:45pm
You got that right Tropical. I am fully expecting to see a couple of smaller acquisitions (that weren't big enough to warrant a special announcement) reported with earnings this afternoon.