^^ lol agree and thankfully i didn't go all in b/c pretty red right now but bullish engulfing so hoping it heads back up this week!!
This is one of those companies which could be taken over at any point - anything to do with pets is big business! Here in the UK we spend more per pet than anywhere else in the world.....I would be wary of shorting this one lol
The best scenario from here would be a period of consoldiation and then a gradual rise as buyers take the lead - spikes in a share price often lead to bouts of profit taking which can lead to a situation of "last out of the door turn off the light" prompting oversold situations.
Definitely timed this play wrong >> still holding a small red bag here & this one reason i am no longer an investor!!
The next support level is just over $40, will the share price get this low? Why is the stock seemingly in freefall?
This is a strange graph - every time the buyers come in the sellers knock the stuffing out of any rally. Not really seen a graph like this before - is there a big seller just feeding stock into the market?
