It is better not to relax and follow the chart. The market is much wiser than us. Som,ebody has dumped it not becuase they have itchy feet. There is a valid reason for it. Nobody sells their golden goose for the heck of it.
Europe is in the can. Most of the sales and approvals etc are expected in Europe. So if there is a down major down turn a lot of businesses will fall and this will have an effect I think on the company. Think funding short and long term. I am just making this up as I go but at least its logical.
Better to wait on the sidelines and see price action and direction. If its starting to turn up there will be plenty of opportunity to get on board. At the moment the party is over. No point pretneding to know it all and stay in the stock. Fact is I dont know. I move with the stock. If the stock is coming down how can you make money being in it just because its a good company?
ACR Price at posting:
$3.34 Sentiment: ST Sell Disclosure: Not Held
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