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Alias Born | 08/24/2010 |
Tuesday, September 28, 2010 5:04:17 PM
The stock continues to build a good base. And even with one day volumes of over 2M, the stock is holding its own. The timing of the JV and expectations related to it, is supporting the shares and hampering the attempts by some to build discontent and doubts with the investors. But as we have seen, even on high sale volume we have people step in at solid prices to purchase those shares.
IMO that is a good sign for a uptic in the SP as we approach the year end. And more importantly, a solid support level for managment to negotiate our piece of the JV.
Timing is everything, if someone is short in the stock, they risk the SP rise from this base, if their trying to drive the stock down to buy in at a much lower price, they are going to miss the play all together.
IMO, the JV is finalized in December or January as I stated before and that the price moves north from here.
If your In, Your IN.
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