1PG 0.00% 16.5¢ 1-page limited

Weather forecast: $2 by 18 March, page-158

  1. 214 Posts.
    75% drop doesn't mean low downside risk. It likely means previous expectations were wrong. Maybe they are currently correct with the stock down 75% or maybe they are not. Who knows. Personally I find is somewhat disturbing when a concept stock drops 75% and I certainly don't view it as a bullish point.

    Just remember - what is the definition of a stock down 99%? One that was down 98% then halved!! Just because it is down 75% certainly doesn't mean it can't go a lot lower.

    But, there will be a bounce at some point given very few things move in a straight line.
 
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