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Re: backstagebilly post# 974

Friday, 02/05/2010 11:42:33 AM

Friday, February 05, 2010 11:42:33 AM

Post# of 2392
The market recent plunge has provided what I think is a great entry for the short term. It also could be a good trading opportunity to build a long position by trading and leaving profits in shares for longer appreciation.

There is now what I call skin in the game see recent news, but this party should now have a vested interest in share price appreciation that now is aligned with Investors. The 2 key levels that stick out for me as I read the release were 1.22 and the 5.00 level. This is why @.95 I find it very attractive.

Recent News: Raser Technologies Closes Up to $19 Million Financing with Fletcher International $1.22 per Share Redemption Price Floor Represents a 37% Premium

There is also an upcoming Geo-power Americas 2010 conference On February 16, 2010 that may get the
company some additional exposure.
The chart is also suggesting another short term move is probable, a bullish sign when a stock finishes green while the rest of the market gets slaughtered. This bullish behavior is indicative of a reversal and other technical indicators also suggest this.


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