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Sunday, March 28, 2010 9:22:05 AM
The rest of this post is just my personal opinion primarily derived from reading navel lint over a bottle of Merlot. I strongly advise that no one invest or sell based on my opinions. I've been watching this board for a couple years now and have seen a lot of disgruntled people who lost money because they didn't do their own DD.
I'm expecting lots of volitility based on PRs in the near term but how long can you keep up a steady flow of PR? In the absence of real financial reporting, I expect a generally downward trend settling at .02 or below. I don't expect it to go back sub-penny unless we get another year of silence like we had leading up to last week.
For Monday I'm expecting a brief upward trend but I think by afternoon, it will be settled down and falling again. Even though I sold all my LYJN into the feeding frenzy last week, I consider myself a long and I will likely start buying again when it finds a floor.
-Z
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