Wednesday, April 04, 2012 11:49:52 PM
2. What I, or anyone else does, shouldn't influence your strategy. It's your capital and your profit/loss. You have to answer to yourself/family.
Remember I called $0.0015 a few weeks ago and people didn't think it would be hit (call it negative sentiment or whatever instead of a good reading of the situation from a technical and fundamental perspective).
What I will say from a technical perspective is all time lows are very likely after today unless there's some good fundamental news released (not tweeted). I'll refer you to post #15872.
The rise today hasn't stopped the dilution from convertible debt hitting the market. It just means buyers today bought diluted shares up to 7 ticks higher than the recent low and temporarily propped the price up. Answer for yourself how willing you are to continue buying higher and how much higher you're willing to buy at. If you're not willing, why should anyone else be?
If the TA is gagged you can bet it's not in the shareholders best interest.
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