I really hate to give that type of advice, because i don't want to be held responsible for someone losing money.....that said, IMO this appears to have bottomed to me......we've tested 11 several times since breakout and have found support each time....if you look at the trading action from JAN.19th to the begining of Feb., you'll see this is a market maker level.....we're in the exact same range we were in before the drop to sub 10 cents.....we formed what looks like a double bottom to me on that drop and have been trending higher ever since.....IMO we're in a new uptrend from those lows and as long as there is no major negative news I see no reason for the MM's to take it back to those lower levels........take a look at the daily vol. chart since the peak of the breakout.....we've formed a descending triangle pattern....this clearly shows sellers have dried up.....on Fri. we retested the 11 level and vol. poured in to the upside....looking at that day's chart it looks like a reversal and may have signaled a bottom.......right now we have major resistance at 15......if you're a cautious trader it may be wise to see if we can break 15 before you invest....if we do beak 15 we should easily run to 20.....if you want to make an extra 10% I think you can get in now, @ 13, w/out much downside risk......if you want to play it safe wait until resistance is broken.......as long as we stay above 11 this is a BUY IMO.....at 13 you could easily double your money IMO in the near term.....the nice thing is, there wasn't alot of trading between 1.00 and 0.20.....if we break 0.20 to the upside this could really make a run IMO.......you have to understand THE MARKET MAKER and SUPPLY and DEMAND to understand why we pulled back....the MM's had to even their books after the huge run.....he was forced to go short when the share price surged and has covered all the way down to current share price, evening out his books.....now that he's evened out the books he's ready for another run..........this is how things work.........that's why stocks never run straight up w/out a pullback.........the MM's ALWAYS HAVE TO EVEN OUT THEIR BOOKS.......look at past trading ranges to see where the market maker levels are......they always go back to these levels and the moves are very calculated and predefined.........once you know the Market Maker, you can make alot of money in the market........good luck to you$$$
