Yes it is oversold at these levels
It could become more oversold as per solid reasons already posted by others
I have held since it was EDI sold more thn half my holdings at $8.50 plus awhile ago held half as at end of 09 all the brokers and experts? were recomending it
Has been delining recently as those who can know knew about this drama BUT this is a solid co with good cash/ loan possie and a stong order book and outlook
Yes it is oversold yes it may drop some more but at this price it has a great Risk/Reward Ratio so i just bought some for short and some for long term hold
bottom may be place , page-19
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$5.87 |
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| Open | High | Low | Value | Volume |
| $5.79 | $5.89 | $5.78 | $4.686M | 798.7K |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 12100 | $5.85 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.87 | 13364 | 3 |
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