Petron Energy II Inc (fka PEII)

[jdubb75]

.0125 is the 50ma. I really don't think that will hold this stock down. But who knows, I could be wrong. However, if the current b/a holds, we are gapping .002 and set to open at .0102. That is just another .0028 below your target. My thoughts are it'll push right through that very easily on much volume. But...we'll see.

I guess the moral is, do what is comfortable for you, but don't sell yourself short. Keep an eye on things and watch bid vs ask volume as an indicator on when to get out and let it cool off.