Tuesday, June 07, 2011 9:52:35 AM
We've had some good news but movement was only temporary and then returning back to this support level. And that’s not necessarily a bad thing. It allows for a continuance of an accumulation phase which is really good for the small investor. It makes it a win-win that we will look back on a year from now thinking, “WHY didn’t I buy more!??” So we definitely have a strong support level!
And we also keep bumping it (support level) without crashing thru and as long as we don't get any bad news and continue to get these tidbits of good news we will continue in this mild range play.
What will take us down is no PR or bad PR or insignificant PR after a period of time of suspecting something different. We don’t want to disappoint the street’s expectation!
But what will bring us to the next level up are those highly anticipated PR statements of sales, contracts, earnings reports, etc and especially loop holes in already conservative US legislation that will NOT associate SFIO users AS SMOKERS.
Let this product be socially acceptable/legally permissible and we will see the beginning of continual significant up-trend.
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