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Re: Falconoffury post# 48980

Monday, 07/04/2011 5:59:05 PM

Monday, July 04, 2011 5:59:05 PM

Post# of 91122
A lot of things can happen between now and the end of the month. All I'm saying is there are a lot of technical reasons to sell this stock and no reasons to buy. Shoot man, the board of directors even voted not to buy this stock. Ever wonder why that was? Perhaps they figured it made no sense to make a tender offer and buy back the stock at $0.15 when they could wait and buy it back at $0.0015. Makes sense to me. Technically speaking the current rally which was only a market correct is over now and the market is going to head lower starting on Tuesday in spite of how much they are producing. It's all spelled out in the charts. You wanna buy something? Go look at my posts from the last 2-day and last week. There are a lot of better trades right now. Just my opinion!

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