I do not think their hedge fund investor is going to bail on them this early in 2013. More likely to fund via purchase of the convertibles/warrrants/restricteds I mentioned as likely earlier.
The hedge fund relationship is there and the upcoming product orders are like low hanging fruit, ready to be plucked. Up is the direction for the quarter, I'd say, and the hedge fund guys are professionals. They know the lay of the land and the pitfalss of the BBs.
I'm sticking with my former post and saying that the support line that is upward sloping will hold nicely and the thing either breaks out above the confluence of the 20 day & the Fib 500 (1.32 in both instances), or it oscillatets betwwen the the 20 day and the 200 day, gaining strength (1.23 to 1.32).
Thats how I see it, but don't buy or sell on this call. Its what I'm watching for, not a set of buying points for me to trade.
The buy or sell will be accompanied by volume. Trade the volume in the direction of the volume.
Imperial Whazoo
"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."
