Profitable Developments, Inc. (PRDL)

[timetofly]

this not you average stock,,,when there no dilution going on and maybe only little short interest and high interest in long side play, it not a bad situation,,and very different from most other stock that contend with other said variables,,,so here it look to me like calling today a definitive bottom, pretty easy call,,nothing for sure, but all data say it will be,,,and largely because main reason for selloff here was profitaking turn into panic selling,,, when a low available float stock make big moves also on the way down,,,that all i see here as nothing else have change,,,today show a strong shore up of confidence once again, and that all the stock need to begin moving back higher,,,no dilution, same ss, essentially same interest in stock and that your equation,,,if uncertainty about how low it will go have ended [which now it would seem to be the case], end of selling story,,,so tomorrow for example, unless a short move in, tomorrow buying pressure shoud lift stock back over 50ma, a key level at .0042,,,i think this will happen because after today most see new buy strength and tomorrow .004's may be gone already and into .005's and so on,,it the second wave and chance to get in a good stock play at the new bottom but even that going fast now,,,when too many see the opportunuty, stock go up and in this case with small float inventory, fast,,,

a closer look at the chart with all key relationship still very much in tact,,,esp see chalkin,,,just a tick into negative, but all very solid,,,this all just a major profit taking and panic event not a huge negative change in company or ss,,,now as this satbilize, stock can climb back to whre it came from,,,sadly most who dump with big losses will wish they stayed in,,,and if they had, stock proabbly would still be .01+ as we speak,,,