bought CHB today at.60 is this a dip from profit taking or on its way lower

Answers

RobSmith answered a question in General Market.
676 points

RobSmith answered 8 months ago …

I'd definitely be careful here. This stock is showing support around the $0.15 - $0.20 cents per share range. That means if it falls back to its support levels you could be looking at a 60%+ loss. Home builders aren't showing a lot of strength in this market either - so a weak stock, in a weak sector is a tough place to make bets right now.

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larryat36 answered a question in General Market.
435 points

larryat36 answered 8 months ago …

Looks like it is going to make a quick reversal back to its old l;ow levels

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