Welcome to the board--premier
trailerparktrash007 is in charge of the MI. SH Meeting.
Strategy here: Buy and HOLD!
There's all kinds of info here and on the Raging Bull message board(which we don't use anymore--too many glitches). The current decline IMO, will end when we have "new" news re: revenue, contracts, new MOU's/JV's. This decline IMO, is due to the lack of news on the China JV. It has been late in coming. Much of the buildup in the pps was, due to the anticipation that deal would be signed by the end of '04. The decline the first week of this year was in part to profit taking in the new year for tax purposes. I guess this weeks decline may be in part due to the news this week re: China(see post #660), and to the lack of new (good) news.
Overall, this is an amazing story stock IMO.
There are great things ahead for this company.
And the people that own it...
This year, IMO, the pps could double or even triple.
A good entry point may be coming soon. The look and the feel of the charts has changed to the negative by todays action. If we break below 4.56, that ruins the symetrical triangle in an uptrend, and the 11 day double-top takes effect, and sends us down to just under 4.00,(if the 4.27 is taken out too)...
Best wishes to you,
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