since everything is possible in life, I wouldn't exclude anythign, the important part here is that there are many psychological factors in mass psychology that prevents any stock to go down in straight line as much as it prevents it going up in straight line as well GIVEN no fundemental change.
so, going with your theory of may bes, then obviously 50c share tomorrow is also a possiblity lol
I think the bargain threshold starts at 3.6c, peaks at 3.4c (which is usually around 20% off the last highest close), now there are plenty other factors that I can write a book about such as those who thought they missed the boat when it went higher & want in now, those who just found out about AAR, those who want to avg down, etc.....
those usually start feeling the bargain "itch" around 20% lower than the last highest close!!
that's why I'm saying 3.4c will be a dead wall at this stage!! GIVEN NO FUNDEMENTAL CHANGE LOL
cheers,
AAR Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held
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