silver,
Th december correction had the high at 0.665 with a wick, then the drop to 0.45. A recovery to 0.63 with a very small wick, and then the drop to 0.40.
The january correction saw a new high of 1.56 on big volume. This was followed by a green day, but then the red day hit with the wick there. And then down to 1.06.
Both of these happened on big volume. I concede that the story has changed significantly from those two events. But I think the future of the company is still sufficiently up in the air, regardless of the latest positive news, that a fair number of folks will jump ship just to capture their profits. They may have come to the stock due to it being red hot, and when the fire cools a bit, out they go.
I am totally unsure if history will repeat - if I was not, I would be making lots of money. So thanks for the input which helps me to look at the chart through different eyes.
I too have cash waiting in the wings just in case we see a pull back. After the latest round of DD I recently did on the patents, the published papers of Madan, and the current state of the technology, I have a strong faith that these folks have the right vision and the tools to accomplish things. There are still several technical hurdles to overcome to make the thin film cells commercially attractive (efficiency degradation for one). But I think these guys are onto that.
Sorry for the long post, but I think my two week trial is almost up, and I am not sure I will be contributed much more. Thanks for the great discussions. And take a look at RB occasionally. We actually have some pretty good discussions there as well.
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