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Tuesday, October 04, 2011 9:32:01 PM
If you didn't do allot of research on a possible purchase and react to only hype, most often you will get in too high and lose money "initially" after people sell for profit. You can see allot of people have left the board and have gone. Some high profile traders.
The key is to hang in there even while you are upset and maybe bitter. But if you believe in your choice and the company, it may take days, weeks or even months, the stock normally comes back strongly. Remember when a stock is down, people are trying to buy your shares if you sell them unwisely for a loss.
Some people make money with patience and holding what they believe is a good choice in time it could pay off huge. Others jump in during an event and hype then buy, sell, buy and sell. Then when no more buying opportunities for quick profit are available, they are gone like overnight!
The truth what I see about this company and stock, is it will reach a penny for sure!. When? I don't know. Can it reach 0.10 - 0.25? Yes.
How fast? 0.10 possibly in 3-9 months. And 0.25? a year or sooner but some contracts have to hit which is very possible but may not happen also.
This is my opinion on a conservative standpoint and evaluation. Again, just my opinions and how I see things. I never thought this would get back into the 2's! So I have been wrong. But weak hands and spirits allowed this to happen. It is up to the believers to regroup and take their ground in the sand and say, "no more cheap shares"!
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