It was support that was strong for a couple days at most. That's not strong support. I think most longs (I am one) would agree that we've seen many come to the many boards we monitor and have your same sentiments.
This company doesn't report so it's risky in the first place to park any money here. That being said - if you had been here at all over the last 6 months you would have seen the growth cycle of this company first hand. The worst thing this company did was stop reporting.
What they did do is:
Start selling online
Photos of product
Corporate restructuring (officers)
Investor Relations - they actually work on it
Marketing - see youtube etc...
I firmly believe noone is going to lose money because this is some shell game run out of Boca Raton or anything like that. If this company goes under it will be because they are inept at running a business or because of market forces that preclude them from gaining market share.
They are trying. Whether it's foolish to do so or not, I believe that.
Make some phone calls, do some googling on whatever information you can find in any PR. And whatever you do - don't sit and watch this stock every day all day minute by minute. Alot of the boards posters get emotional (including myself from time to time). Just don't invest emotionally. If you have 75 bucks you want to park in this thing then so be it. More? So be it. Want to set a stop limit? Fine. But the stupid pps is one penny. Just don't expect to get rich, lol.
And when you lose a bit of money, ask yourself how entertaining these mb can be. Now what is that worth?
GLTALong,Short,MM,CEO,etc...
Happy Cinco De Mayo,
RA
