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Old 06-15-2011, 07:33 AM   #4239
DOHCVTEC
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Join Date: Feb 2002
Location: London UK
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Quote:
Originally Posted by 3klipze View Post
Staying out of TRE, with investigation taking a possible 3 month, there might be potential for muddy water to release more evidence of their Fraud , which could cause it to plummet more .. Although I don't think it will go any lower than the low 3$ , so i guess it's mostly upside from here until more information is out
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Looks about right, TRE should hover around $3 (maybe reaching lows of $2.50) for the next 2-3 months. But that's if Muddy Waters doesn't release more bad info. And even if all the allegations are proven to be false, there is no way the SP will go back to where it was before. I think it'll be lucky to go back to $8 but that's just my opinion.
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