Anyone see last year where Cramer was pumping this thing? I have watched all those commercials with Trump on them where he goes "the Trump Way, My way". Now Im seeing the stock burning in like a 2000 tech stock. In wonder if it will make a good one day bounce trade? What do you think?
lol you could just answered the question without the other crap yea that stock sucks but it used to trade at $2 back on the otc
Yeah, I did it last week when it went down to 11.88, then bounced up quick on rumors. I held it one more day and luckily got out. Yes, I thought about buying it this morning at $10 but held off. I'm a buyer in mid 9's perhaps.
This thing is starting to look like the Blackstone IPO. I think it has a good chance of bouncing over 11 tommorrow, but I feel the end result will probably be between 8.5-9.
Both. There is a large trading channel over the last 4 years and once it broke out of the large channel then the textbook target price becomes.... 16.18-(23.8-16.15)=8.5 That I believe will be the ultimate price, however, there will probably be a rally tommorrow to somewhere over 11 in a bout of short covering and value buyers.. I believe that rally will be sold however and only temporary, then we go lower to 8.5. It will probably take a month to get to 8.5, but Im certain it will get there.
Its moving up today. I went long a small position with an avg basis of 10.25. I only believe in Trump very short term, but I bet we see lower prices in the times to come. I'll exit out right at 11.