Benjamin Graham taught Warren Buffett his Net Net liquidation value stock strategy. Graham would hunt for stocks that were so cheap that there was more value in the company if they stopped operations and passed out the assets. Net liquidation value was higher than the price of the whole company. Graham learned this from the hard times of the depression years, but...
Safe to say, there is a high probability that this moves to up side.
We are bouncing off major support. We got the volume suggesting that someone is buying at this level.
The bullish reversal pattern, the falling wedge is just about fully finished. i wouldnt expect us to make it to the apex of the pattern before we see a confirmed break out. Tomorrow? next week?...
