It has always amazed me why people sell at the BOTTOM of the trading range. I learned that it is then that a stock is most likely to bounce, on TA alone, providing the fundamentals are sound enough.
Famous words of Warren Buffet (American billionaire):
1). Be fearful when others are greedy, and greedy, when others are fearful.
2). When a stock looks it's strongest, that is when it is weakest, and when it appears weakest, that is when it is strongest.
Right now is when ARSC 'looks' the weakest, which would be a sign to buy all that you can, if Mr. Buffet's strategy is to be heeded (it's worked well for him).
I understand full well what it is like to have shares in an account that show red, but to sell right now is to take a SURE loss, and money lost HURTS!
To hold is to learn discipline. ARSC fundamentals and future are sound enough to be sure there will be excellent days ahead.
They have applied for UL listing. Consider that. Consider that in 2 months, they will be able to begin taking orders. Orders for a higher efficient, lower cost fuel cell.
We're not in Kansas and this isn't the '80's anymore. This UL listing will mean 'Open For Business'.
Anybody who thinks they will be able to buy ARSC in the .20's in 2 months will be sorely disappointed.
Yes, this is the time to accumulate. This is not a 'get rich tommorrow' stock. Day and short term traders need not look twice. For those who like a long term play however, this is a choice one. IMHO
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