maybe with a tight stop below the 50 MA, but that's still about
6.5% risk. for now it's finding support at those MA's. Howver
fundamentally I don't like the stock, they are doing an offering,
which is dilutive
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OCNF
Posted by mikeovanes on 8th of May 2009 at 10:33 am
Matt:
Do you think OCNF is a good buy at this point 1.30, it has pulled back considerably. Thanks...Have a great weekend..
Mike.
maybe with a tight stop
Posted by matt on 8th of May 2009 at 10:48 am
maybe with a tight stop below the 50 MA, but that's still about 6.5% risk. for now it's finding support at those MA's. Howver fundamentally I don't like the stock, they are doing an offering, which is dilutive