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mullimatt

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mullimatt

Re: Radhiker post# 1291

Saturday, 07/25/2009 2:35:22 PM

Saturday, July 25, 2009 2:35:22 PM

Post# of 8799
Hi Rad,

It is my feeling that the drop is not over.

New investors were undoubtedly brought in to the recent rally.

Many of these new investors are already out of the money (i.e. if they bought between $0.50 and $0.70).

In order to limit further losses, the bagholders will continue to sell their holdings, and cause a further decrease in the price.

A rally based on hype can only last so long. The fundamentals don't support the sustainability of the current share price premium.

Shau-dere? Shau-dere? It's "chowdah!" Say it right!

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