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Re: chevdawg18 post# 8660

Wednesday, 05/21/2008 5:18:22 PM

Wednesday, May 21, 2008 5:18:22 PM

Post# of 16584
"I personally am just watching currently because there is not enough momo or buying pressure currently to eat up this dilution and without any sizeable momo or buying pressure because of canes in the coming weeks i imagine it will slowly drop half a cent or so bi weekly."

That is a dangerous strategy IMO to wait. When NSMG pops it goes up fast and you will be chasing it. Jst look back at the last 3 years worth of charts. It has been basing here at .05 for quite some time and I don't see it going any lower. With the action of the market this week I feel safer with my money parked here than anywhere else.

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