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123tom

07/30/19 5:54 PM

#8579 RE: drenos2 #8578

yes, decisions ongoing

for both of us. You did well to get in at 4.80. I started buying way too soon at 6 dollars. MRKR.
4.75 now. with alot of resistance overhead. to climb thru.

Ive accumulated a full position now. need to sell half at 6.

Even when I study all the math details, the price gets hammered down and down. It had to be considered a buy zone around 5 dollars but of course no guarantee that it would hold at 5. Look at the irrationality of a manipulated wall street game. last year the science wasnt as advanced but the price held at 5. Now we have better science outlook, stronger potential for success, but the 5 dollar price gets broken down. Now how long will it stay below 5? how low will it get taken down from here. There has to be some big buying at some point.
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The initial plunge from 8.80 to 7.50/6.50 area was a chart shattering move. But now even this continued drop is stretching the chart break down even more. Its like right now, my instinct is telling me to forget trying to find math targets now, and just sit back and watch it a while longer. IF I could have started buying around 5.30-5.00, then I'd be adding alot more here, and holding more dry powder for lower targets. This 4.75 seems like a great bargain compared to 5.75, which at that time was a great bargain. thats what I mean by chart shattering, it keeps resetting a new price reality .