Labwire Inc (LBWR)

[YankeeAce]

You have to consider that most of these sells at this level just got in a month or so ago and are simply flipping it. All you need to do is watch for higher lows to know we are building a larger support of longs. February was at $0.08, May was $0.10, and now with these new contracts I'll estimate that we form another base around $0.12-$0.14 before the next move up. We bounced off of the upper bollinger band so no worries about the sky falling. We just need to return to one of our moving averages and then we can continue to form a base for the next leg. No worries here at all. Just have to be patient.