As usual, you're wrong. How'd that Wed. trade go? Lets see...every day been down. But that's alright. Maybe one of these days you'll actually figure it out.
new 52 week lows today, looking to get in soon, may wait for an even $3.00 to get back in, however im tempted now around 3.35-3.40.
Ok can't stress this enough. LEARN TO READ A BALANCE SHEET. ETFC knocking on the door of 2's now. A monkey could have figured that out. (3.15 low) Technically it's bearish, fundamentally it's bearish. I like picking up bottoms though, so for anyone looking to buy....I'd say a starter here with a plan to pick up a bigger chunk around 2.50. I'd take your regular position size and divide it by 2-3 and put that in. (Split it up). It'll be dead money for a while, but if they make a comeback it'll be worth 6 again no problem.
Anyone pick up the starter? Might be worth it if we do get lucky and inflate our way out of this crisis. Stock's still risky as heck though.
i am just selling monthly $3 puts, if it manages to drop < $3 on expiration, then i will buy/hold and start selling covered calls. I agree long term this stock will probably breakout, but the current technical chart looks like a horror show, dont think it's the right time to get in just yet with negative >0.1 cmf, ma10 way below the ema20 & 30. Will watch this closely though.
Upper 2's today. Like I said. Read a balance sheet. Nothing simpler than that. The time to buy is getting close. Sure it's risky but now a lot of it's been priced in.