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k_trader

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k_trader

Re: scarpot post# 8737

Tuesday, 06/29/2010 9:55:31 PM

Tuesday, June 29, 2010 9:55:31 PM

Post# of 23476
I do not have a crystal ball and I do not have psychic abilities. I can however tell you what is likely to happen with price movements based on key technical indicators and trading patterns that are developing.

If you want to know why the price was .40 cents and dropped you need to do some research into news, events, earnings, etc. to see what triggered the price movements, it could be anyones guess. I can tell you that it is normal for a stock to experience highs and lows that is just part of price trends.

Also... I did not claim we would hit a penny this week. I may have said I would not be surprised to see it hit a penny because we are in such a narrow trading channel the stock is ready to explode at anytime.

We simply attempt to be fearful when others are greedy, and to be greedy only when others are fearful - Warren Buffett

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Volume:
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