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Maybe someone can help me with this one...?? I bought near the low of the year, which is NOT the low of the year anymore. Anyone have ANY ideas what's going on with TOPP? The quarterly numbers were great. The time of the season is great too with Halloween around the corner. And from what I can see with the charts, it is SOO oversold. So WHY is this puppy still heading south? Anyone have ANY ideas at all? I don't know if I should sell at a big loss, or hold for it to head north again. It's always traded in the 10-11 range, so this makes no sense to me. Any help would be greatly appreciated! Thanks!
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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posted
Ummm.. so can I assume that noone can help with TOPP? No ideas on why it's going down? Or thoughts on when it might head back to its' normal trading range?
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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don't think you need any explanation now.. it spiked up pretty good today... keep a eye to see if it's beginning a uptrend.. im also not surprised about its spike today... it was oversold and hit and bounced off of RSI 20 ...
-------------------- Let the world change you... And you can change the world.
Ernesto "Che" Guevara de la Serna Posts: 4669 | Registered: Mar 2004
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Thanks Mach.. I was starting to wonder if anyone saw my question, and more importantly, when TOPP was going to start its' uptrend. I don't think I've ever seen it this low before.. especially in Oct! It's got a way to go though, till I break even, let alone a profit. Thanks again for responding..
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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posted
Oh well Mach, that was a short-lived spike in an already oversold stock! I guess I just keep holding.
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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I should have followed instinct, sold TOPP, bought more than 100shs of BOT, sold anything over 100shs of BOT, and rebought TOPP.. but I'll do what you said.. see what happens by the close tomorrow. Thanks again!
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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