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Re: Bread Man post# 58742

Tuesday, 07/22/2014 6:52:10 AM

Tuesday, July 22, 2014 6:52:10 AM

Post# of 64649
I would stay the course. The company is very young and in a lucrative space. At some point in the chart history it was a given they were going to dilute a bit, after the first initial run up. All penny stocks dilute until they are revenue earning. The stock trended up for 7 months and now is trending down for 7 months. It's a cycle. To me I see a spread double bottom coming around .005s
This is perfectly fine and normal. The time would be to accumulate. As most short term indicators appear bearish this is precisely the times to buy. You have the correct investor psychology, which is the ability to understand big picture events. People screaming here are short sided, trapped by there own emotional duress.

I will say macro trend is still positive, and big upside exists here, only it's about 2-3 months away. I see a near term side ways trend flushing out impatient participants, selling drying up in about a month and a rally near the end of year and into 2015.

I'll post a chart in a bit.

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