New Energy Systems Group (fka NEWN)

[atockkcots06]

I guess people here were just too optimistic and needed to come down to earth a bit. Since people vote with their wallet - investors here pretty much don't like what they see concerning CHID's future.

The technical chart is showing a breakdown and who knows how low this can go. My feel is that it will bottom out sometime in November - probably in the range of $0.13 to $0.14...

It’s almost never smart to try to “catch a falling knife” – so until it bottoms out and you get some solid conformation of the bottom – it should pay off to stay away and sell at current levels if you own any shares…