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Re: Nerf post# 678

Thursday, 11/08/2007 5:29:41 PM

Thursday, November 08, 2007 5:29:41 PM

Post# of 1467
<I almost took a stab at it at 428 the first time. Didn't. this one is such a freaking freight train I got run over once with 10,000 shares and dumped at the low.>

like i suggested in Msg 663, the 3 yr daily chart showed $4.25 as support if $4.45 didn't hold and that happened to be the low today (though it looks like someone dumped 1,000 shares AH at $4.24 to "paint the tape").

obviously no guarantees that it won't go lower still (largely dependent on the overall market, imo) but a fair amount of risk in this stock was removed with UK approval, and the chart suggests to me that once this skirmish with the bears is resolved (over the next month or so) it is headed higher.

at these prices, this is the time to be buying, since odds are they not only won't last very long, but they also should provide a nice return in a relatively short period of time.

all imho.