No crystal ball just a calculated guess. I'm betting there are a heck of a lot more people underwater here than on the plus side. People that bought on the hype back in February and kept buying as this trickled down from the teens thinking it wouldn't go any lower but here we are. When it fails to rebound they will take the loss in late December for tax purposes. If they still have any kind of confidence they will buy back in after 30 days and we may see a little pop. At least that's the way I will play it if I play it at all. This company still has nothing of substance. Upon legalization big pharma will take them to school. But that's still a ways off. AIMHO of course. But I really can't find any reason at all to buy now. Charts mean nothing in penny land. Time will tell of course.
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