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Monday, August 07, 2006 6:10:35 PM
Do you believe there are a very large number of stockholders who bought at .03 and chose not to take the large opportunity to sell between .09 and .13, instead sold when dipping below .09 along with those who bought at .12 to .15 and are now selling?
If that is where the selling in coming from, then would it be correct to believe a large percentage of people play technicals wrong? My view is once the price is below .09 the damage is mostly done and too late to take action unless one believes a collapse is in the works.
My thoughts on a collapse like .02 to .05 price would be more likely if over future weeks people develop stronger doubts about fundamentals.
sam
sam
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