RIBT, speculative buy? Special situation? RIBT
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Posted On: 06/12/2017 4:27:06 PM
Re: wowhappens28 #4869
RIBT, speculative buy? Special situation?
RIBT has had some unusual volume today and a few other days recently. They must have the stock traded 10 consecutive days above $1.00 by early fall or need a reverse split. They have a shareholders meeting June 21st. I would not be surprised to see a nice PR before then? The stock is trading above the 50 day MA, but needs a break away from it. The 200 day MA is near by and a break above it could send it skyward, even if only for a short period of time. Could be a nice two week speculative trade?
http://stockcharts.com/h-sc/ui?s=RIBT&p=D...0247111580
RIBT has had some unusual volume today and a few other days recently. They must have the stock traded 10 consecutive days above $1.00 by early fall or need a reverse split. They have a shareholders meeting June 21st. I would not be surprised to see a nice PR before then? The stock is trading above the 50 day MA, but needs a break away from it. The 200 day MA is near by and a break above it could send it skyward, even if only for a short period of time. Could be a nice two week speculative trade?
http://stockcharts.com/h-sc/ui?s=RIBT&p=D...0247111580
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