$Rocket (RKT.US)$ I followed rocket for about 20 years at th...
$Rocket(RKT.US$ I followed rocket for about 20 years at this point. it's come down over the past several weeks because all you hear is how high interest rates were above seven and a half percent housing starts have declined and you hear every real estate agent complaining on TV that people can't afford the house is which means are not qualifying for loans based off of debt to income ratio things like that. so it's come down it's 13.80 as of this message plus or minus a few pennies pre-market. I think it could go to about $13.18 for the potential near term low.. the general trend on a weekly basis is very nice and every month we're getting $2 plus spikes. I think the next Spike which will be in the next 30 days will push the stock over $16. so you've got about 60 cents downside risk at this point and about $2.20 upside. this is a short-term trade and I would also encourage you to leave any profits in the company because when we do get rate cuts the economy is slowing the news this morning was negative for the economy so when we do get rate cuts whether it's this year or next year this stock is going to go significantly higher. and will maintain a higher for longer gradual trend back into the high teens low twenties in the next 18 months or so.
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