PSYC Corporation (PSYC)

[FreddyJ_30]

If you are still long, you are going to have ride this thing out and hold on while it goes to .007. The company has to survive this period, but because of the share dilution, it is better long term for the stock to correct itself. If it hit's that price, and the company doesn't flop, the next few weeks will be very interesting. Either we walk off the cliff, or the buying begins...

I'd almost want a quick drop to .007 than a slow bleed however, as the volatility may be a bigger sign that the stock is ready to move forward...