Re: $2.54** was resistance, appears to be support now. Trading below book value. ...
break above will be a good start
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everyone here is an adult and should keep opinions to themselves, facts are welcomed. we are traders and come here for trading ideas and are not coming to thelion for a marriage ceremony. I am offering you a trade do NOT buy my stocks posted, I am not your Mother and I don't want to make your decisions for you. I will show you my buys, and sometimes sells when its a heavy volume momentum trade
Reply to jmarkd59 - Msg #76 - 10/18/2010 19:35
$2.50 was resistance, appears to be support now. Trading below book value. Got slammed on last qtr's earnings. 2.9MM short shares, 52MM share float. Worth watching. A close over $2.70 will be very bullish and would start squeezing the shorts, I presume. Worth putting it on a watch list or setting a trade alert, jmho. (no current position)
Chart: http://stockcharts.com/h-sc/ui?s=ATEC&p=D&b=4&g=0&id=p60252750341
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