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Saturday, August 04, 2012 1:05:14 AM
There is no messiah in here, go back to post 45 around nov 2009 when Kmag was doing the same thing.
This stock with all news and rumors and revenues will do the same thing it's been doing since that time...
it's been at a resistance max .035. Ceo's need money to keep this company going. it's a cycle that keeps repeating itself. .02 is the next target regardless of news revenues, pumps and projections, only because the charts tell the entire story.
i'm not bashing this stock, just playing the stock based on technicals. spare the disillusions to those who look for others for guidance... they become the bag holders.
No disrespect to anyone, just look at the cycles this company has gone thru.. it is not an IPO. Those who have been in this stock since .0006 and sold at .023 know what they are doing....those longs that are watching this go up and down, hoping for the golden ticket in the cycles of disappoint , hope and cheer, to disapointment again. don't marry a peenystock.
Just follow the technicals to know when to buy and sell....right now it's a buy, and with a bollinger band split rise, next week watch it closely for a reversal.
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