InvestorsHub Logo
Followers 16
Posts 632
Boards Moderated 0
Alias Born 09/28/2000

Re: banditt40 post# 8

Wednesday, 12/19/2001 7:40:42 PM

Wednesday, December 19, 2001 7:40:42 PM

Post# of 2399
.22 is support level, I think it held prety good today. If it goes further down, then I would say there's a fake breakout. I did go back to the charts, and found that there is a resistence line that extends from the high of late April, the Sept top, and what we just hit as a high last friday. So, while we did breakout of a 10 week downward channel, it meet resistence from the line that I mentioned. I think this is just a 3 day correction after 2 weeks moving up from .185/.19 to .27/.275 -- a 50% move -- but we'll see. A retraction of more than half that move to .22/23, certainly makes the case for it moving lower.

I agree that managment knows who is selling, but so do I, it's pretty plainly in the filings who this is, and the share amount.

imho, Jerome

imho, Jerome

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.