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mariosmack

07/24/17 12:46 PM

#105043 RE: Wormking777 #104955

Wormking, I haven't completely given up on this stock just yet. I know that the chart looks glum and the death cross was the kiss of death, but I do think that buying on dips might be possible if the dip is big enough. I think that buying at .40 is too dangerous because it is not quite oversold yet. .35 would be oversold with a little bit of negative momentum left.

I know the stock sucks right now and company is both broke and going for broke with nothing to spark a long term reversal, but I do think that if it sinks lower in the afternoon, I might just buy in.

My target is .27. If that hits today, I'm buying 7000. Since I don't expect .27 to hit before the late afternoon, if I do get my .27s and it doesn't bounce, I should be able to sell tomorrow morning.

This is my second to last post of the day and therefore my last before market close. Good luck.