regardless of the news, positive candle, large volume signal day today, entire sell/buy range BELOW lower bands- is means a buy for me. So happy to back a small car (not a truck) into this one today. Can't complain at these prices and looking forward to the next annoucement in the Takeover Process.
One of the 1st rules of investing- for a valuable asset- "the 1st takeover price is rarely the last takeover price". I'm bull on this from here, regardless of the macroeconomics (which are ST anymore)... does anyone rem the tone of the Business Journals one week onto the next week during the credit crisis or the subsequent recovery? So called "experts" went 180% within the space of 24hrs!! Stick to the value and the ST charts giving you an entry point- can't really lose. :)
K2P Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held