EPW 0.21% $2.43 erm power limited

"starting to turn ?" jcj. I think it's starting to bottom....

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  1. 1,958 Posts.
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    "starting to turn ?" jcj.

    I think it's starting to bottom. Yesterday's green day on above average volume pointed at a turn, better than a dead cat bounce, but no follow through yet.

    Therefore, if it's bottoming there's less of a chance of catching a falling knife and a decent chance of picking a bottom. Selling here is perhaps the worst, most imprudent option, perhaps... The trouble is lack of recent support, November-December 2011 seems worlds away. Tomorrow's late afternoon action though may fill in the directional picture...

    Looks like another weekend to develop one's thoughts regarding how to think of EPW, ie. at this sp is it: a) a GROWTH story; b) a pure DIVIDEND story; an unknown, eg. t/o target or; a Value Trap. Which leads one to BUY, SELL, HOLD. (The above is one place my mind will drift to while watching the Test.)

    OV

    PS jw, I coulda sworn CAJ was a divvie stock, nope... wot was i lookin' at?!?
 
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