The Fly has been dead right on [[DECK]]. The stock finally closed below the 200 day moving average, which has been a critical support level. My guess is the stock still has plenty of room to fall.
I’m too scared to touch it, mainly because MDAWZS told me he’s long. Seriously though, the stock is heavily shorted and any good news could catapult the stock higher, make sure you check when earnings come out.
To give you an example of what can happen when a stock closes below the 200 day, take a look at the chart below (CME).
If you enjoy the content at iBankCoin, please follow us on Twitter
I agree. Girls just like this shit too much for me to fight it. I am a spectator unless momentum below the 200 day occurs.
The have the best marketing around, thanks to Flo-rida. Just won’t touch it.
I’m short DECK, don’t miss the ride. The techincals don’t lie. No one is trading fundamentals now (short term). Look at the financials, HBs, etc. Do they really think it’s the bottom? Don’t be dumb money.
“Fly has been dead right on DECK” – when did he go long without telling anybody?