InvestorsHub Logo
Followers 743
Posts 61848
Boards Moderated 10
Alias Born 10/05/2009

Re: lecorb631 post# 528

Thursday, 06/23/2011 3:18:48 PM

Thursday, June 23, 2011 3:18:48 PM

Post# of 7747
I agree, I was just redoing some charts and at the moment I see an expanding triangle, with us near a 3 year low that may be the triangle target as well as a double bottom target at the same time. Wish I had dry powder to spare to add here. My average cost is $1.2, been in this one since 2009.

Lot of shorts on this one, that may cover going into end of the month window dressing, they may be driving it down here so they can cover? Volume is below average.

I agree it should bounce a good bit pretty soon. I see no fundamental reason for the drop, other than market jitters.

I did not see the AS increase news? But if they did sell new shares, these guys will push it to $2 before they sell new shares, just like they did with RXII!!!! I don't see any reason for them to sell new shares here. They have plenty of cash already.

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!