After 15 months of watching this stock, the only "right call" I made on timing was at .006. We typically see red after a PR. We did run up on news of financials in June. SOOOOOooooo...the question is whether there will be a run up this time on anticipation of coming news? IMO yes, but not as significant as June simply because the market treated June as a let down. And if expectations are wrong again for the financials (too high) and they don't meet those expectations with the numbers, it could be nasty. It could also be awesome if they shed light on the right subjects (float, preferred structure etc). So again, I see a run up on news to at least .0225ish (a lot of MOMO people got in at that point). First we need to break back through .0175. If we don't do that by next week, there will be no "run up on news."
Here's my disclaimer...what do I "no?"
"Experience: that most brutal of teachers. But you learn, my God do you learn." C.S. Lewis
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