I think one reason this company has a future, is because of both men. Either one alone, would be a lot riskier.
Other commnentor (?), I don't think we will get back .10, in fact I would be surprised to see it go below .125 this trip, before it retests .18, only reason it hit .06 recently was a single large investor dumped a huge number of shares on low volume while the market was also down, and no one had enough buy orders in when they dumped, and the stock was already trending down. In fact two large sales took it .12 and then .06, but look how fast it ran back up to .18,IT bounced very quickly back off the .06 price. Strong support is at .125, which is what new shares have been sold at the last 12 months to accredited investors.
tytewurk,
"My opinion is that its going down due to those who didn't catch the run yesterday. Those who bought can't sell till it settles which is T+3 and then Monday is Columbus Day, so ignore it for 3 days, then if its down change you cost basis or sell that's about the only two choices one really has"
Good point on T-3, but the real fast traders (minutes to hours) have already sold (they have the margin needed to buy and sell fast, no 3 day wait needed), or are waiting for a bounce. At the moment the short term chart from the .06 bottom, shows a solid up trend again, with higher lows and higher highs. Look at what it did in March while the market was crashing.
Normally after a huge run up like yesterday I would sell and buy back a few weeks later after the dust settled, but it is just to chancy with potential DOE grant news coming out any day. If the don't get a grant and we go lower, I will add more longs if there is any sell off.
