RE: sp10 Feb 2016 14:58
yesterday the stock was trading more than 50% below its yearly high which was set around last june , the stock was in a downtrend for months , plenty of companies are doing very well right now yet their SP has been clobbered
disney produced great results last night yet is down 5% today having closed at a near fifty two week low yesterday , its rare for a stock to soar off earnings when the stock was at a fifty two week low , as i said earlier , huge short squeeze with kappa , stocks often need to test lows again before they find a bottom so i think the stock will still be available under twenty euro in the coming few weeks , its fifty day is still under its two hundred , techincally , it might not be ready to sail up