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It’s all about risk reward. Tuesday - news re CA is already out...

  1. spongebobby
    1,894 Posts.
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    22/02/18
    06:34
    Post #: 31241731
    It’s all about risk reward.

    Tuesday - news re CA is already out on all major outlets. SP drops circa 20%.

    Wednesday - company announces known news and it drops a further 50%.

    Cash backed and oversold, The risk reward is scewwed to the upside for now.

    Dow up over night, let’s see how it goes today.
    GSW Price at posting: 51.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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