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eelfland

03/22/07 7:49 PM

#35950 RE: stocksablaze #35948

The times I've traded it, I did the same thing--just look for a little shelf of support when the RSI was overstretched to the downside, and hope for a news-based rally. But with so few up days, I feel real lucky to have escaped with a penny or so of profit after gritting my teeth for days. This is a very difficult stock to make money with, since it's nearly always down, what with all the dilution going on, seemingly on a daily basis. Still, it's better to buy breaks than rallies, at least in my experience. Good luck, but don't leave your money on the table too long, or you're likely to end up holding the bag, just praying for a chance to get even, thinking, "Maybe if I average down...." No fun at all.





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mr optimism

03/23/07 6:08 AM

#35980 RE: stocksablaze #35948

Good for you.

LM