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SA12

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SA12

Re: jonesieatl post# 6155

Friday, 07/29/2011 1:37:12 PM

Friday, July 29, 2011 1:37:12 PM

Post# of 7284
"Yep, back at support/resistance around .50 "

Ahem, didn't someone predict that a little while ago? :)

Never mind the fact there was no 'catalyst' other than a huge earnings surprise, that would get it to $0.80

Ok, back patting aside.

They sold so much stock at $0.50 it really had no choice but to get back there at some point. Now that it is, and a lot of buyers are going under water, the decline could very well continue. Seems like your chart is suggesting a floor at $0.40.
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