posted on
Mar 21, 2008 08:34AM
If you look at TA, and base everything on that, I think you are missing the picture. TA is only valid during a period when there is no news coming out of a company. Given the amount of drilling going on in the ROF, by SPQ and the rest, you can pretty much guarantee that there is going to be some news out in the next 2 weeks, and probably some as soon as Mon/Tues this week. I don't consider SPQ a hold, instead it is an accumulate, although at this SP, I would venture to say Buy. IMO