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Saturday, May 11, 2013 4:43:11 PM
Behavioral finance: serious investors know that if it closes below .10, its no sooner than 90 days from next opportunity to uplist. They will sell in panic, worrying that it won't rebound back above by close.
Its not healthy, but that's what a panic/fire sale is.
Failing to uplist will demoralize investors and crush investor confidence. No serious long but you hope to see it go lower. You yourself suggest having powder and said you hope you see .10 so you could reload for cheap. A contradiction in your aggression.
.10 is very dangerous... Too close to .0999 for my sake... .12 was approached very fast, and .10 will go faster, lets just hope that whoever is manipulating this WANTS the price to reload and simply isn't shorting the stock as low as they can get it.
Buying at .0999 on the day it closes below .10 is the same as buying at $1 today: money thrown away: will be quite awhile before a profit is made.
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