The "sell off" was nothing more than weak hands getting shook out. Again there was great buy support on friday, the MMs just played games with it all day and dropped the price on small sell orders while requiring massive buy orders to move it up.
Today was the only day so far that had natural movement, and there was a small sell off then strong support at the .05 level. Again, perfectly normal and expected after a R/S. Yes like scottie and most others here I have lost 50% of my value in this stock too. It sucks, but some people on here need to look over the facts about this company again. If you get freaked out by having your investment lose 50% of its value after an R/S then you really shouldn't be trading penny stocks.
If you have done proper DD, then you should belive in this company. It's painful to see a stock go down by 50%, but one needs to put things in perspective. We are only talking .05 here. It sounds bad when you say it's down 50%, but again it's only 5 cents. It wont take any time to make that up. Hopefully the weak hands are gone, and this will bottom out here and then start the move back up. The good news is, what ever happens, we got great news coming soon, and that will surely get this thing moving up.
