Big buyers sitting in the wings, soaking up the stock as the traders panic out?
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Hope so, nothing to show for it in the depth though. Looks like another retest off 1.39 about to happen not looking good. If it drops through 1.39 we could see panic selling down to 1.3 and downward from there
Stop losses may be getting hit? I was pretty close to setting one at 1.39.
And 1.39 was just broken..
I don't think it reflects badly on the company, its just that it has overextended and is correcting healthily until the next announcement ... which will come who knows when, we'll probably see a little more slide until the close out date.
The way this share swings it seems a bad candidate for a stop loss--but i guess the only other alternative is constant monitoring or complete faith
Whooooaaaaaaaa....
Small bounce off 1.35 but sellers are drying up. I reckon it could go lower but is being oversold. I might buy more at closing and tomorrow
Pulled a buy order at 131 this morning. Looking for a lower point to top up.
Thought I might get some work done today too - but now I also have to constantly monitor BLT!
PEB heading south while BLT goes north. Fortunately I have enough of each to counterbalance the effect on my portfolio balance - but would be nice if they were both headed towards the Arctic.