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I dont think the market is finished bleeding WTSLA..think it's going south further, but it might be a good buy down nearer $1.00. Just my opinion, from what I've read. Do your DD.
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It's tough to tell when to get in. You don't want to catch a falling knife. I look for signs that the pronounced drop has slowed. Like on the NKTR Chart and just take the chance. Also I think WTSLA may bounce tommorow because its up 1% after hours. But on a stock thats dropping that fast I will wait to see whats its doing about 30 min. aftere the open tommorow. If its down I wait but if it holding or up a little I will be in it. Its not fool proof but it works alot.
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quote:Originally posted by Moneybags Mcgee: It's tough to tell when to get in. You don't want to catch a falling knife. I look for signs that the pronounced drop has slowed. Like on the NKTR Chart and just take the chance. Also I think WTSLA may bounce tommorow because its up 1% after hours. But on a stock thats dropping that fast I will wait to see whats its doing about 30 min. aftere the open tommorow. If its down I wait but if it holding or up a little I will be in it. Its not fool proof but it works alot.