Saturday, January 24, 2009 4:40:56 PM
Like I said, they are big players that can do whatever they want with this stock. They can let it run for a while, make some money on the upside and then short it to make money on the downside. It has been clear for the last two or more years.
If it was all about the charts, then all I would have to do subscribe to http://stockcharts.com/def/servlet/SC.scan and retire.
The question is, what do you do now? You take a profit if you bought it at 29 cents and then watch it go over a dollar or hold and maybe it will go down again. Maybe you read MustBeFree when he said that he went heavily on margin and took a bath in some of his accounts. And he knows all about the charts and everything else.
Anyway, I need to have this thing to 1.30 to break even. It's very doable with everything going for this company but I cannot underestimate that some big player bastard can tank this stock at will.
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