[TimChallenge] $MXWL can possibly b/o, just keep tight stops and see how it goes. It might consolidate for a bit unless there is a catalyst -imho. Isn't it better to look for something that is not as extended as $MXWL?
You know on second thoughts CANF might have a next leg up and if its does I think it will go past $8 and not much more but how can we tell. It could proceed to $12 as well. Like Tim G underestimated it when he started shorting. I guess it is a waiting game until tomorrow. My gut says it might spike - just catching us all off guards because it dropped so much. i think it must have been aggressive shorts plus the stop losses taken out that made it slide down so quickly.
you are welcome - just be careful going long or short with ITCI unless you are scalping. I tried scalping 100 shares at a time but am not too comfortable. I have not lost on it so far but it moves so quickly --scary. The best would be if it has reached move up more since the analyst upgrade is $95, it does have room to move and therefore can spike quickly - better to short when it is higher now
I honestly might have jumped the gun because I only read it to the point where he wrote that CANF is over. I was anticipating his stock alert and thought he was going to write something positive about it. Oh well, he's the Guru here and I can't argue his statement. I would like to identify or be schooled for the reason the stock may have questionable financing too though, so the reasoning would be clear.