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Wednesday, July 27, 2011 1:41:04 AM
although, i believe the spike in selling we've been experiancing will come to a halt in the next few days. we had a hard run between mid june and july with great buying pressure. i believe a lot of people sold on xtremepicks short term goal at 75. with many people have eyes on this and buying in in the 40's and 50's, they may also sold off as they don't want to tie up funds too long to see this thing make a come back.
in short, the selling, imo, is done or almost done and this will run again, especially if we get news in the next few days.
for those out there that did buy high and are now in the red, when i first got into this stock, i did the same back in feburary and bought in at 0.069. when it tanked to just under a penny, i bought another 33k shares making me sit at about 40k now. i held and bought on the dip and now am being greatly rewarded. always keep this in mind, don't buy into the fear, buy the fear.
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