I got this message last night. I'm still hoping that it was sent as a joke...
what do you think ANTP will do in the next 2 week ? will it bounce back to 12$-13$ ? or should i wait some more for it to go 10%-15% down ?what is your prediction on SIRI ? will it get to 6$ by the years end ?
First, I have no clue where any stock is going to be in two weeks, much less at the end of the year. (BTW, look out for the Fed meeting in 2 weeks) These are two speculative stocks (especially ANTP) which are in clear downtrends. If I were in the prediction business I'd predict lower prices for both. That's the safe bet as long as they remain locked in downtrends. I'm scared for anybody who's looking at these stocks in this market.
Update: Teresa from PowerSwings had this to say and sent the following charts:
On the SIRI daily chart, I was thinking that there might be a hit and run set up on the long side, a quick scalp that might last no more than a few days off a small wedge.First upside target would be $4.36 and if it can hold that, perhaps we will get a bit of a short squeeze.
As for ANTP - there's not much volume.
On the SIRI daily chart, I was thinking that there might be a hit and run set up on the long side, a quick scalp that might last no more than a few days off a small wedge.
First upside target would be $4.36 and if it can hold that, perhaps we will get a bit of a short squeeze.
As for ANTP - there's not much volume.
I've sent the charts to you by email in case you want to post them.
Take care.