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1,594 Posts.
10
06/06/11
20:40
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Well, never thought I'd see these prices again!
Maybe it is heading to $5. Incredible drop from high of 7.06.
To me, the chart suggests oversold in the short term, 3 months,
and incredibly cheap for such a quality stock. Same with MCE
I think tax selling, and tree shaking to buy some back cheaper. Certainly plenty of buying going on, albeit at lower 5s.
Anyone else has news or ideas why this is getting smashed? I can't see short sales on my platform??! Many shorts? Volume is pretty high.
I have opened a margin loan to buy some more at these levels, along with Mce. Anyone will do well by the end of the year in FGE or MCE, quality.
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