Hrock
I would be surprised if there are any day traders in this stock. As for sensible levels, I would suggest that the stock is actually undervalued, however it will probably drop back to 83/84 but any lower would surprise.
Who knows , there may another announce just around the corner which will push it closer to $1.
I am not in the habit of trying to pick daily fluctuations. I know in 12 months time the price will be closer to $2 than $1 so I just hold.
The daytraders can fight amongst themsleves trying to play parce the parcel. At the end of the day I will make alot more money just holding Redflex than the majority of day traders
Hrock I would be surprised if there are any day traders in this...
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