InvestorsHub Logo
Followers 48
Posts 3208
Boards Moderated 0
Alias Born 06/25/2009

Re: RyanK post# 201190

Wednesday, 11/26/2014 11:21:35 AM

Wednesday, November 26, 2014 11:21:35 AM

Post# of 347753
I said several months ago, Mine shares wouldn't move higher until buyers felt they couldn't buy shares even cheaper, if they just waited a few days/weeks. So far since this last reversal, it's the first time all year that this has taken place, that is they can't buy cheaper...so far. I think what's going on right now is...traders and even long term investors are waiting for that to be confirmed. A 100% pop off of the bottom takes time for all forces to adjust. This is a positive thing as profit taking needs to take place for a move higher. The verdict is still out whether we put a bottom in, that potential share buyers will never see again. Best news imho is, most of the toxic debt shares have either been converted to preferred or sold. As far as the company, management and products are concerned, it's never looked brighter to myself.