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Re: Chili Palmer post# 8655

Sunday, 05/23/2010 8:11:19 PM

Sunday, May 23, 2010 8:11:19 PM

Post# of 48320
I believe that the 52 week high was artificial and so is this current 52 week low. I believe in this company, it's business plan, and overall future endeavors. I do not believe that this current low was company driven, I feel that some overzealous individual sellers sent some smaller stock holders into a panic and thus panic selling began (think of the state of affairs in the market lately). This panic selling then triggered stop limit orders and the cycle continued. Hopefully the panic has subsided and we will now have some consistent upward trending.

Either way, negativity only breeds resentment and contention and in this particular venture we need to be positive in order to prosper, or we will scare away the new stockholders.

Of course, that is just my opinion.