pfrenz,
This thing turned before Shakerz people and I think they only started to catch on in late afternoon. Some of us were even calling day before last as bottom. The selling pressure was drying up on the way down.
Myself I plan on increasing Monday if I can get in @.03 range. As a long I do think the news matters because of its impact on market mindset and fundamentally it is the last real hurdle. They are trying to get funding from Nigeria and UPS Capital not one or the other. That means there will be continued momentum because the funding releases will be most likely a few weeks apart. I wouldn't expect anything until after Labor day with NEWS.
I think most longs will not sell thier whole position because of thier belief in XKEM PPS 2 years from now. If we go .15 to .25 or better on this run most would be upset if they sold at .06. I just would not take all the chips off the table on this one because it is a real company. Maybe take my money out and let the rest ride or do what you're suggesting with half my money.
I would not be shocked if this thing went up to .40-.50 in a couple months if the stars align. I'm not saying it will happen but it could. Small pond big wave... If you look at my prior posts you'll see that I'm not pumping and have been pretty accurate. I'm just optimistic for obvious reasons. In fact I called .03 yesterday before the Shaker thing came out.
Sorry for going long but I was actually just considering what you posted about. All this is just my oppinion, BTW Appreciate your job moderating...
My posts are my opinion, make your own decisions. And remember, all fear is an illusion.
