Stock Market is the bottom in?

[Telemark]

Well that failed mightily.

 

[Telemark]

I've never seen anything like that before. Incredible momentum, and then a complete reversal, on news that the stock should be valued much higher than it is. I guess its history scared everyone off. Maybe there's something fishy going on with the company. Oh well. I'll just hold my shares and see what happens. I only got in with 100 shares, so it's not that expensive a gamble if it crashes and burns.

 

[jsasker007]

TOPS looks like it's had several reverse splits. Good one to stay away from in my opinion. Can't find much current information about it but at one time they had 6 reverse splits in 2 years I believe is what the one article said. Stocks like that usually just keep diluting from what I've seen.

 

[Telemark]

Yeah, I'll just take the loss and move on. It looks like it was a short squeeze, and after people looked into it, they all sold and went to lunch. There's a lot of negative comments about the company and the way they manage it. I'll hang on to one share to keep an eye on it in case it squeezes again. Oh well, first red day this year.

 

[jsasker007]

I think I've had more red days than green so far this year. At least it sure that way.