InvestorsHub Logo
Followers 14
Posts 991
Boards Moderated 0
Alias Born 01/07/2013

Re: joenatural post# 12932

Wednesday, 07/10/2013 11:42:35 AM

Wednesday, July 10, 2013 11:42:35 AM

Post# of 46516
It is impossible to predict the future price action of a stock, but with Joe I agree on this one. I don't know the level to which it will drop, but remember that a stock's price action is based on investor sentiment (emotion). The fact that a vote on a Reverse Split looms, and the fact that it may happen sooner rather than later, will keep this stock from seeing much green in the coming days and weeks. I would not be at all surprised to see this thing in the mid 20's. I am not in charge of the stock price, so it is not my fault if it drops, but some very simple and basic factors which some on this board refuse to acknowledge will serve as a negative catalyst in the not to distant future. Cheers.