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Re: seanman post# 48300

Thursday, 10/29/2009 10:04:24 AM

Thursday, October 29, 2009 10:04:24 AM

Post# of 103340
I think when it hits the 200 day, around .006ish, it'll be a fairly safe buy. But I would not rule out a brief plunge below into the low .005's or upper 4's either before buyers step in in large numbers. My feeling is that a long-time retail holder (or holders) has been mightily dissapointed and is slowly exiting his position (and has been for some time). When he is done we'll know when we see the ask getting hit without the constant reply of bidwacking. All my very speculative opinion.