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Re: otcbargains post# 2879

Wednesday, 01/11/2012 11:47:50 AM

Wednesday, January 11, 2012 11:47:50 AM

Post# of 10587
Me too. This usually happens around high profile releases, such as the 10k. Some of the more speculative holders are probably selling their positions due to one "large" sell off. Thing to remember is that there is a very low float on this security, and volume only picks up around PRs. There has been nothing but good news lately from this company, so I think it's just a little fear. Fear is real though in the market so we may see a dip in the price, in which case I would advise people to buy up as many shares as possible at and below .20 if it gets there. The majority of the earnings will come in later quarters and the price will bounce back. Take advantage of the fear, and do not succumb to it yourself. If it hits .10, get worried. Otherwise, wait on the good news, it has always come over the last 4 quarters, it just requires patience. I'd be buying at .20 if I didn't already hold a large position.
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