Wednesday, January 23, 2008 1:33:06 PM
I don't know about you all, but I have been in so many pinks that were essentially run out of someone's spare bedroom. (Exagerating but you know what I mean), This is a real company, with a building they own, cars they are working on. WE know they are going to be putting out PR's with real contracts. There are so many folks who got in the last two weeks looking for quick flip, and now they are moving onto to the new 10 bagger, (or so they hope).
There was panic selling plain and simple, today's volume suggests to me that it is coming to an end. I think those who hold will see results fairly soon. Let the MM's move their attention to grab some other folks money somewhere else and let the dust settle a bit.
I did get in low enough that I am still green right now, but I am looking at the bigger picture. I am waiting for some PR's with some meat about contracts. I really belive that they are coming.
JMHO.
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