There are 4 possible outcomes tomorrow IMO:
1) if there is another downgrade on outlook and/or difficulty finding a new CEO or CFO, I think we will see sub $2, I am thinking around $1.80.
2) if there is another downgrade but there is a new CEO and CFO I think the stock will actually rise above $3.
3) if there is upgrade on the outlook but no CEO or CFO I think again it go above $3.50 on the day but we might see weaker trading during the week.
4) if there is upgrade on outlook and new CEO and CFO, I do believe this will go above $5.00 and continue upwards for the rest of the week.
I think we will end up somewhere in the middle of these scenarios.
If option 1) occurs, and I pray it doesn't, we will see some short term pain but do believe we will see a turnaround in 3 to 6 months.
As far as ramping or down-ramping on hotcopper having an effect on price, I do not agree. I wish it did as I could then read the comments here and trade accordingly.
I was a fan of dotaking as he did bring some entertainment to this forum but when he has told us the other beat down stocks he holds, I must say it has made me nervous.
Whatever the result, try and not panic and trade with a minimum 6 month view if you can.
Good luck to all those that currently hold the stock!
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Last
$4.76 |
Change
0.010(0.21%) |
Mkt cap ! $1.563B |
Open | High | Low | Value | Volume |
$4.75 | $4.92 | $4.73 | $56.38M | 11.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5921 | $4.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.79 | 93255 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5921 | 4.750 |
1 | 303 | 4.690 |
1 | 2000 | 4.600 |
1 | 2779 | 4.580 |
3 | 14170 | 4.500 |
Price($) | Vol. | No. |
---|---|---|
4.880 | 24812 | 1 |
4.900 | 3040 | 2 |
4.920 | 11331 | 1 |
4.950 | 11036 | 3 |
4.970 | 10000 | 1 |
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