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[QUOTE]Originally posted by R1 Man: [QB] [QUOTE]Originally posted by fourseven: [qb] Well, looks like it's fighting resistance around 5 1/4 .. Volume has been on the rise last week, coinciding with the price's challenge of January's high. Could see a short-term slide towards high 3's, or a gradual climb to as high as ~7 .. I'm betting on the latter. [/qb][/QUOTE]I think its not ready to pop just yet. I'm sure the CNBC show of their car last week helped the stock but that was last week. The market is due for some losses now. So I advise you to sell your shares and grab on a dip. I did research their $2,500 car when I saw it unveiled on CNBC. 54 MPG, 30 HP engine. Not sure what the weight is but read the article about New Delli (Spelling???). I don't think that car could even be sold in the US because of our strick safety regulations. Plus 30 HP...the first time you drive that up a steep upgrade....I think you might want to leave the throtle floored and be behind it pushing. But the stock is bound to recover back to $15 range but will take a long time. I'd rather tell you to buy FITB....you have a better bagger there....but I'm staying clear of financials right now. [/QB][/QUOTE]
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