Futures! Good to see your post..I thought you had bailed on us after yesterday. Sorry for doubting you but, after seeing some of our biggest supporters get rubber knees and fall by the wayside anything is possible. We need the level heads on board right now. Thank you for commenting on the 'cup and handle'. Yesterday it looked to me as if one were shaping up...after today's close a 'double bottom' seems much more likely. Both are fine with me as they are both pretty powerful signals. Today was another ugly one, and I would be lying if I said I didn't keep white knuckles and a churning belly all day. But, like you and others, I am still convinced that this is an outstanding company with an outstanding product. It's biggest enemy is lack of exposure(which is increasing) and a shallow treasury. With greater exposure the treasury will increase. That will keep SSPE from having to pay for needed services through stock shares and inflating the supply. Once the supply decreases the demand will increase along with the pps. That will take time and I've got plenty of it. I still fully intend to recoup my investment with a small profit at the first opportunity but, the rest will ride till the end of the road. I still believe that I will have that opportunity in the near future and after that the rest is gravy. When I'm daytrading I live by the rule of protect your profits as vigorously as your capital so, by getting my initial investment back and leaving the remainder on the table may sound hypocritical but, this is a long-term investment and the upside is astonishing when you think about it. With that in mind I'll leave my profit on the table for a bigger one. I still maintain that this stock is in it's INFANCY...and I fully expect it to stumble as it learns to walk and eventually run. Even though we've made a few mistakes in calling the bottom on this, I do believe we are really close. I may be wrong and at this point I probably am, but, hey what does it matter at this point. This stock has to find it's true support and true resistance, as of yet it's just feeling it's way around. It must be kept in mind however, that there were alot of buyers in the .05-.10 range. If they haven't sold by now I certainly don't see them dumping now. That would be pretty stupid. Like I said several posts back when your'e in this deep and down this much the only thing you can do is hold tight and take the pain. It is no secret that this stock is being manipulated and being held down for whatever reason. I am certain it is being manipulated rather than sold off due to the fact that there has not been a basement crashing selloff. Every backslide is controlled and almost orchestrated. I've seen stocks crash before, including some that I owned and without fail the stocks had no bottom and they had no support. SSPE is not behaving like that, therefore I don't believe there is a huge selloff occurring..Just manipulation for reasons unknown. I still believe that reason is for someone to make some BIG money. That's the only thing it can be, being that the only reason for the market is for people to make money. Therefore, I am content with knowing that when they make theirs I'll make mine.
-Dave-
AI
