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Re: SJI88 post# 3488

Thursday, 04/17/2014 5:38:27 AM

Thursday, April 17, 2014 5:38:27 AM

Post# of 9911
SJ188 ,It could fall below 2 dollars, but I'm not worried about any price drops with PVCT. As the fundamental story remains strong and gets stronger ,the story is the key. If the fundamentals break down in some serious way, then we have a problem.

But the way the price levels have established support zones, they all feel ok to me, Its not critical that 2 dollars doesn't hold, it could hold at 1.95,or it could fall back to 1.85. I would not sell any shares.

there is no special reason to start worrying if price falls below 2 dollars. The time to worry was back in late January, when price had already made a great soaring rally from the 75 cent area to 3 dollars....and Then made a hyperbolic surge from the pump and dump game, to 4 and 5 and 6 dollars....That was the time to get nervous about bizarre price action. and we saw what happened.

the 2 dollar zone is no different than 2.35 zone. 1.85 ... its all support layers.even down to 1.60 area

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