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Thursday, March 18, 2010 10:30:39 PM
I got lucky today on those china heat recovery guys I found with the CO2 emissions credit bank details I posted here earlier for us. Somebody dumped 1500 shares today as the market dropped, and I got 500 of them at 10% off yesterdays close, before somebody else bid it back up 25% at the close, LOL. I am seeing low volume weakness in most penny stocks I like, not just here. Money moved into the big stocks as the indexes rode the bull, and they will sell off hard starting next week IMHO. I expect a low first week of April (options driven drop, sell off, big boys games....), right after they finish pushing prices as high as they can on the blue chips for Mutual fund window dressing to attract IRA and 401 K deposits. Just my thoughts and opinion. I will be buying my favorite stocks at those lows, as they should make most other stocks bottom too (barring news). My only question is will .10 hold here the next 2 weeks. The lower it goes, the more I will buy. No doubt in my mind this will run back up next cycle trip with news to .20 to .30.
If I already had MVTG I would not sell them at these prices, but people panic when the markets take a hit, and our price here is already at all time lows IIRC, so I will be bidding here to pick up any real rediculously cheap shares sold at market next 3 weeks. If this was the second week of April already I would have bought today at .11- to .12 or higher.
GLTA
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