I can't imagine why TRE is being sold off. The only conclusion i can grasp at the moment is the fact that the weak hands are letting it go. Today's break down of it's sideway trending channel would normally be a sell on most stocks, but TRE has one of the best fundamentals in it's sector. It's also a very low cap stock so many others will be able to make a pretty penny with a minimal investment. A gold pro-player by the name of Jim Sinclair always says to buy into weakness and sell into strength. This would have been what many should have done today. I've been tracking TRE since it's early days below $4/share. I can and will say that i am impressed by this company.
Happy Trading,
-zrvs
$5.4 (02/01/07)
