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Re: Pennylanepam post# 59682

Thursday, 07/10/2014 10:17:29 AM

Thursday, July 10, 2014 10:17:29 AM

Post# of 97362
You are right and this is the problem here. Too many people had shares down in that 0003-0005 range and are jumping ship because they have lost confidence or want to move onto other stocks that are moving right now. Once those shares are sold, then people will have no choice to load at these levels...wherever it levels off. 0005 I think is bottom.

It's basically like people are having to wash their hands of this and start over at whatever the new bottom will be. I don't blame them for taking profits. Trust me, once they get out of the way, it will level off and we will 'eventually' start to head back up.

Going to be a rough couple of weeks though.