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Re: NikitaG post# 177313

Saturday, 08/14/2010 11:09:48 PM

Saturday, August 14, 2010 11:09:48 PM

Post# of 375420
As it is now, without any news good or bad? IMO, mid .001s would be the lowest in the very short term, which is close to what I said on the 11th after the last doosie of a PR. After watching the trading on friday, i'm adjusting it to probably .0015-.0019 as the possible lowest it could hit this upcoming week imo.

I still feel it might go back to the .001s, at least briefly, but I did pick up 1.5 mil on Friday just in case it doesn't. I wouldn't be surprised to see it test .0019 again and if it holds it might prove to be the new bottom and bounce from there at least temporarily, but I don't see it bouncing too high without some sort of feel good news sustaining it.

But then again if we get another worthless PR, there could be a real test on the .0010 level from even more people deciding it's a lost cause here too, which it looks like we have seen for a little while now already...

GLTU
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