InvestorsHub Logo
Followers 0
Posts 282
Boards Moderated 0
Alias Born 08/14/2009

Re: carp1 post# 21138

Sunday, 12/06/2009 7:11:56 PM

Sunday, December 06, 2009 7:11:56 PM

Post# of 92948
Im looking for larger buys going off at the Ask price...we might find some resistance at the .15, .24 and .32.....but that will be a lot due to profit taking..what were all hoping is that the momentum of an upward move brings new buyers...new buyers can cancel out short term profit takers (which theyll be a lot of - the yahoo board alone lets you know there's a lot of day traders out there working this stock, there's a "we're going to the moon $2!!" post every day....those same people will be selling at .15)..the first few resistance levels will be the hardest...the key is getting over .4 in my opinion

when MMs release the hold-down, we're going to see a run....even MMs get tired of accumulating sooner or later and say time to let us get 2x, 3x profits

longer term holders dont have too much to worry about IMO, if you got this in an IRA just forget about it and come back in a few years and you'll be happy......shorter term traders are all buckled in ready to let the games begin any day

while I am both a long term and short term holder of this stock, its about more than $$ to me...i have type 1 diabetes....im hoping for a win-win with this company




Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.