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Re: OceanEagle1 post# 18274

Tuesday, 02/19/2013 11:00:46 AM

Tuesday, February 19, 2013 11:00:46 AM

Post# of 66390
Hey Ocean, look at it this way,

This thing fell from $6 down to .01. Given that the float is 10x what it was when we were at 6, call that a fall from .60 down to .01. Even a 1/3 retracement (which is conservative) puts us at .21 eventually.

And knocking off 1/3 from .21 for margin-of-error, we're at .14.

This is looking gooood.
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