It is very surprising to see RAD goes down almost every day since a couple of weeks without getting stopped anywhere.
BUT today may have marked the day where a bottom will finally be set.
RAD touched 1,50$ twice and rebounded a bit without going under the 1,50$ psychological level and volume was correct without being high. I suspect that this was a try to shake some hands having put stops at 1,50 but without success.
Tomorrow will be a critical day for RAD traders. If it was again to go down and break the 1,49$ barrier, well expect 1,29 to 1,39 level to be tested.
The value today means that RAD total entreprises are valued LESS than the price paid for the PBM. This is a non sense to me and there must be either something that i do not get or something that is brewing behind the scenes.
We the shareholders are awaiting news about FTC approval and since the last deal problems, i agree that it could play with the nerves of investors.
But 1,50$ish for RAD................Are you kidding me?????????
I picked up many many more today at 1,51$ and even if i am wrong sometimes, i think this is the end of the downward spiral.
Let see tomorrow how it plays out!
Have fun
BUT today may have marked the day where a bottom will finally be set.
RAD touched 1,50$ twice and rebounded a bit without going under the 1,50$ psychological level and volume was correct without being high. I suspect that this was a try to shake some hands having put stops at 1,50 but without success.
Tomorrow will be a critical day for RAD traders. If it was again to go down and break the 1,49$ barrier, well expect 1,29 to 1,39 level to be tested.
The value today means that RAD total entreprises are valued LESS than the price paid for the PBM. This is a non sense to me and there must be either something that i do not get or something that is brewing behind the scenes.
We the shareholders are awaiting news about FTC approval and since the last deal problems, i agree that it could play with the nerves of investors.
But 1,50$ish for RAD................Are you kidding me?????????
I picked up many many more today at 1,51$ and even if i am wrong sometimes, i think this is the end of the downward spiral.
Let see tomorrow how it plays out!
Have fun
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