InvestorsHub Logo
Followers 121
Posts 4895
Boards Moderated 0
Alias Born 11/11/2006

Re: binchey post# 752

Saturday, 08/30/2014 6:29:41 PM

Saturday, August 30, 2014 6:29:41 PM

Post# of 2862
I hope so, I hold 10,000 shares. It's just the stock has a history of going only one direction, that's down with an occasional suckers bounce like we had on Friday.

As far as the big guys never being wrong, ever hear of Enron? All the big guys were wrong in that one. Also, they say most fund managers have a hard time beating the markets movement in general. That means they are wrong more times than they are right. That means big money isn't as smart as you may think.

There isn't anyone here that can argue with the truth. Truth is, this stock has only gone one direction, down. I've been trading the bounces and declines. Right now I'm long 10,000 shares looking to sell first sign of weakness.

I honestly think the company has potential but the stock is crap for anyone faithfully holding long. Until it breaks its recent $2.20 high with volume, the stock will remain in a downtrend, technically.