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Re: 123tom post# 21096

Wednesday, 09/03/2014 3:23:55 PM

Wednesday, September 03, 2014 3:23:55 PM

Post# of 48316
123tom, I don't believe this is going to have a major pullback until after the conferences coming up next week. You are taking only the technicals into acct and not realizing that the funded entails and news are a big part of this rally as well. People are buying and holding in anticipation of the upcoming conferences next week/month. This will continue to go higher leading up until the presentations IMO. Today's chart has higher lows throughout the day as a support level for today's price appreciation. Idk what the close will bring but I'm guessing it will close over .57 cents. With the ascending chart and volume of the past 2 days I think that it will continue into Thursday and maybe we will be flat on Friday because of people selling into the weekend. Next week we will continue up until the first presentation then price movement will depend on what is presented. It will be broadcasted so we as investors won't be left in the dark. Just remember though that there is another conference that Punit will present at right after this upcoming one. So we indeed have 2 outlets for which news can be announced. If no news is announced I expect a little pullback up until a week before the next conference, then people will be buying in again. If news is indeed announced then this thing could very well run all month with slight pullbacks in between. Let's see how the company and Acorn lets this play out. Hoping to be somewhere in the .75 cent range after these two conferences.