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Just quickly checked out EMKR. I would say to give that stock a few days. Looks like it did the dead cat bounce and it should find a new bottom soon. I like to wait for the stocks to turn around before buying them. I don't catch the exact bottom but I feel there is less risk. I'll keep an eye on it but I wouldn't consider this stock until you see what it does tomorrow then possibly consider it friday at the earliest. GLTA
Posts: 671 | Registered: Nov 2005
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Thanks for the analysis Mysticobra definitely going to wait and see what tommorow brings for this. Definitely agree that your method of waiting for confirmation of revesal is alot safer and will be looking out for this one. Saw the bounce on this one and it is making a new low so will have to wait and see how far they take it from here.
-------------------- "Remember that time is money." Posts: 407 | From: Murfreesboro | Registered: Oct 2006
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MLS........this one slipped through my fingers. I saw the drop in price on the 9th and got distracted by the wife. Wow......could of got in for one of my usually types of plays getting in around $13.50 and putting in a sell at $16. But wow.......they got bought out and shot to $22+.
EMKR......I agree with Mysticobra.....I see $3.90 coming Thursday.
ATA.......nice summary. How long did it take to type that all out??? Well, I would consider a 1-2 day swing on this but wouldn't get caught with my pants down over the weekend.
HSOA.....my father's pick. $6.19 AH. He thinks it will hit
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