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Sunday, June 05, 2011 10:54:31 PM
Keep in mind we didn't have a run in anticipation of the last scheduled CC so don't expect a huge run for this one. I think to many of us are expecting a large run back up to .10 so we can jump out. I think its better if people have a realistic view.
We did see a nice bounce off the 50dma Friday and to me that was a really good sign. If we hold above the 50dma this week then we are looking real good. I think we are starting to see new buyers and or returning buyers that were probably waiting for the bottom. We should be able to confirm all of this early in the week.
With the possible uptrend from Friday and good PR and we could see a run. My big hope for this stock is an informative CC that provides us longs clarification on ticker change, revenues, more breakdown on the actual store and new paretnership/licenses. Traders will need a juicy PR after the CC because most won't listen to the CC anyway.
Good luck to all this week.
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