Who will be the next FMG, page-44

  1. 2,304 Posts.
    I am no more or less qualified than you. The reason i have sells on the stocks you mention.
    Is because they are all overvalued based on my charts are value metrics. That does not mean they will fall. Just means that i would not be buying at the current levels. And will be looking for potential short trades on the rallies only. As for RTA, well it is overvalued. And the fundamentals totally stink. I don't know how else to say it. It is what it is. No sugar coating. Would I go short on the stock. No i would not. Not because i do not think it will fall. But because it is not liquid enough for me. I only short liquid stocks that move around a lot. Also i can not locate shares to short for RTA. What i do know. If i did own the stock I would be taking profits at the current level and would not be buying here. My buying level for RTA would be between 1c and 5c max.
    Last edited by TeTeTe: 07/01/15
 
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