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Thursday, February 17, 2011 1:29:54 AM
End of March is a month & a half away....anything is possible at this point. Especially as I said previously, if they don't come out with something major to chew on.
MM's have been parked @ .007 for a while now, that often is a pre-indicator.
I'm sure you've noticed the trickle of previous staunch longs leaving. With No buyers, the price will only go one direction.
As I understand, you are a well versed trader...so you know how it works with no substantial news or buyer interest to support a stock...the price continues to erode.
I can't imagine it dropping to .003, but then again, as most, I would not have imagined the current events would be as they are (or lack thereof) and the current price where it is.
Otherwise, obviously I would have sold some time ago...at this point I refuse to take a loss on my position on principle.
I never expected the company to fail so miserably in the promotion and press.
There is obviously a difference in opinion of what construes as a "little while" or "soon".
It was Dec., then Jan, now end of March perhaps or early summer.
I don't trade with those timetables...these are Not investment vehicles to me.
I realize you'll say you haven't...but in my opinion and your expectations from posts say 2 months ago, you've already gotten some lessons from RTGV...same ones that many of the old timers had learned....yet we still stuck our hand on the burner...lol.
IMO...not a doubt we'll retest that .007 low, honestly I hope it stops there, I don't want to have to get in much deeper than I am now.
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