Wednesday, May 09, 2007 12:11:28 AM
A lot of people got into this stock for the $.12 cash dividend. People sold out of the stock immediately after the pay date, causing a panic sell off as the stock dropped to a new 52 week low of $.04.
It's quite simple. The stock is going to bounce back...most likely to somewhere in it's previous 52 week trading range...
It isn't rocket science. :)
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