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Re: wer123 post# 11467

Monday, 09/06/2010 9:24:12 PM

Monday, September 06, 2010 9:24:12 PM

Post# of 119178
Look I am a fan of charting when the fundamentals, background checks, DD, CEO's & everyone else checks out. I would say that technically this should retrace to BO. I already have BIG orders waiting in case it does. But I highly doubt it!

Check out this board. It might be stacked with some of the most savvy investors I have seen. I was accumulating & reading the board & never posting once for a long while. Some of these guys do great DD, others are wise in other ways, but collectively I've not seen a better group.

I can't speak for everyone, but I doubt it very much that you will see $0.002 by Wednesday this week. I think you might have a shot at $0.0025 as the MM's tried to put in some serious trading there before HAVING TO LET IT GO.

This group has been ACCUMULATING. Many here have shares in the 10's of millions & a good number of us have 50Mill & plenty more. Most of these guys know where the value is here. I don't expect to see a whole mass of profit taking until the volume is in to support it without tanking the pps unless something unfortunate happens.

Otherwise, I wouldn't expect to see much of a retrace until after we get healthily into the $0.004's (news depending). That's just my opinion, take it with a grain, lemon & shot of tequila!

Consider taking an entry position after the first-hour of trading if you don't see a price you like at the open. Take it from there. But, I wouldn't expect to see $0.002's, I just don't think so.