Hi Melf,
Thank you for taking the time to give us your technical analysis. If the pattern holds and we have a positive quarter (according to the market), how far do you think we can go before the 2nd quarter earnings release? I notice that last year we hit a low of $8.51 and only
four days later reach $16.27 after 1st quarter release. Currently, the stock price is around $21 so I am hoping for some short covering before May 9th so that we may pass that pivotal $25 pps like you mention. It seems like they are trying to drag this as low as possible during times of low volume.
Thank you for taking the time to give us your technical analysis. If the pattern holds and we have a positive quarter (according to the market), how far do you think we can go before the 2nd quarter earnings release? I notice that last year we hit a low of $8.51 and only
four days later reach $16.27 after 1st quarter release. Currently, the stock price is around $21 so I am hoping for some short covering before May 9th so that we may pass that pivotal $25 pps like you mention. It seems like they are trying to drag this as low as possible during times of low volume.