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Stock Market Sees Face Ripping Rally as Earnings Kick Off

MRKT Matrix

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Is the Stock Going Down?

The stock was trading at 80 one year ago Wall Street had a price target of 90 12 months forward now it is trading at 10 and their price target total is 14. "I do think there's potential for M&A or some sort of strategic sort of setup here you know I've also bought a call spread in December which actually on a percentage basis of the stock price wasn't that much," he said."To me you play this you make a bet and yes it's highly speculative and it can be higher than wrong but you got point you know choose your sides."

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