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Re: HammeringPickerton post# 228397

Sunday, 03/08/2015 2:23:37 PM

Sunday, March 08, 2015 2:23:37 PM

Post# of 347753
HammeringPickerton,

I said it before: INVESTING ON HOPE USUALLY ENDS NEGATIVELY.
Right now all the bulls are in and nobody needs more or can afford to buy more shares. As time goes by more investors get frustrated with NO UPSIDE MOVEMENT and slowly start to SELL until we hit UNDERVALUATION OR SUPPORT. RIGHT Now we are in between, some still have hope but as time go by confidence level will drop and the selling will increase; investors will begin to look for greener grass so to speak. I have seen this cycle hundreds of time and this stock IS NO DIFFERENCE. Right now we are in a downward CYCLE With true support hanging at 5 to 5.5.
AND THAT IS WHERE WE ARE GOING. Like I said 30% decline from here. Now some people say I don't care, but reality says : PAIN has many levels and I am sure once we break the 7 level PAIN WILL INTENSIFY FOR MOST PEOPLE AND DUMPING WILL TAKE ON A NEW LIFE OF ITS OWN will will get us to 5, WHERE I WILL HAVE MY BIDS IN.