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Re: None

Tuesday, 12/04/2007 4:14:50 PM

Tuesday, December 04, 2007 4:14:50 PM

Post# of 20076
The gap @$0.75-$0.08 has now closed. We are now below the lower support line of the prior uptrend. That is pretty significant because it was the breaking of that trend line that created the up gap that had to close.

But closing of that gap may not be enough. This is the season of tax loss selling. Some sold the end of Nov and some will continue to sell till the end of Dec. As for me, I'm still under the influence of all that Kool-aid that Mak has been serving and am still holding a losing position to which I won't add until further downside risk is near zero, if that ever happens.

As for the S-8 shares, I think those were sold into the run to .35. The receivers of those shares got them for nothing and it was a gift that the share price ran to allow them to sell for what they did. They aren't stupid. They know what goes on much better than we Kool-aid drinkers.

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