NP - I really should not have even engaged him but it was getting a little old.
We have already formed the bottom. There was enough selling for this to break resistance to the bottom IMO. Unfortunately there are outside circumstances that kind of throw the T/A out the door in a way with this whole OSC thing going on. The resistance is going to be hard to break unless we have a major change (ie cusip change, PR cycle blast, financials, share structure) - and probably a combination of these is what we need.
However...there has been a confirmed triple from the past 2 bottoms. I would say we have at least a double and half from this bottom if we do not get halted (which I do not think is going to happen) or the O/S turns out to be 500 million - which are really the only 2 pieces of terrible news that could happen.
I would have sold if I thought they were not going higher.
D
All Posts are in my opinion. Do your own DD and do not buy or sell based on my posts. Oh....and be positive :)