Seaniemac International Ltd (fka BETS)

[The Real Titan]

Those are true words, though I don't really agree with using Stop Loss orders, unless your not able to watch a specific stock trade. To many times have I seen MM's move a stock down quickly and on low volume, just to trigger some Stop Loss orders and then running the stock back up or even higher.

But now its also safe to say that selling a stock at its lowest point is not really a wise decision either. If your down at this point, IMO it would make more sense to hold to your position, or even consider averaging down, which I hate to do.

I only say this because IMO the chart has seen its low and is ripe for a recovery, with any buying pressure.

The MFI is at oversold levels, which it doesn't like to cross and is at a typical bounce point, historically speaking IMO.

The lack of volume tends to make me feel that the selling is pretty much over, so I doubt very much it will break below .01, or even .012 for that matter.

It appears to have very good support at .0135/.0140 range, so all we need is some buying pressure and I believe we'll be back above .02 without much trouble.

Good Luck!!!