The MACD is a lagging indicator. As you've said, the RSI
The MACD is a lagging indicator. As you've said, the RSI is very over sold. It doesn't help that Bill dumped his shares on a holiday (Columbus Day) when a lot of retail investors aren't able to slide funds into their trading accounts because the banks are closed.
All will be okay.
The biggest issue is the terrible, horrible, repugnant, disgusting excuse we have for managing press. We should be controlling the message. Instead, this silence creates the opportunity for anyone to distort reality. Then the company knee jerks a bull crap defensive PR of no substance. Its ironic considering the diarrhea of the mouth Bill had for the first six months of the year.
This needs to be corrected going forward. At some point, the company needs to pretend to care about shareholders again. Its obvious that right now we are viewed as an impediment to their plan.
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