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Re: El_Jefe42 post# 24902

Monday, 10/13/2014 12:16:26 PM

Monday, October 13, 2014 12:16:26 PM

Post# of 81999
Unchartered waters. No real idea, but I would venture to guess some buyers would show up T 300DMA at about .09-.091, and there was some consolidation in Sept 2013 around .07, so if those investors are still here they might step in with support. TBH, I think any break of .10 will start with panic selling and then a crap load of buyers will show up for the party time cheapies.

I really think that if we do get to sub .10's and new investors show up, this board will be hopping with bulls talking the ticker up and we may actually get some momo on the bounce.

Must wait and see, but I bet anything there are MANY investors that are just waiting for a deal. They are watching.

All that said, there are still 750K on the BID, and who knows if there is another block hiding under that.

I still think it is a good sign to see someone with deep pockets wants in big at .10