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MinnieM

01/11/08 5:05 PM

#23836 RE: Linedrive #23826

Yes, but, this time it is coupled with good news from a shareholder visit. Video was even taken.

The CEO also fired Kistler as IR today.
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kermit42

01/11/08 5:08 PM

#23839 RE: Linedrive #23826

I don't think so. I see 2 places where there is almost a double bottom formed. Once at .005 and another at .0025. But in both cases, the PPS dropped below the point and then moved back to the "bottom". The one at .0025 showed some strength, but it wasn't really the bottom because the PPS had already dropped below it.

But the bigger problem with these is that crazy tail on December 6 that goes all the way down to .0009--coming between the first and second bottoms of both potential support lines. We hit that .0009 today.

Now we have hit the absolute low 2X and we bounced both times (this time not like the last, obviously, but this one was more substantial).

Nothing is guaranteed, but this one looks good to me and if you do a public message search for RVGD, you'll find some smart traders taking a chance on this one.

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Ace Magoo

01/11/08 5:12 PM

#23842 RE: Linedrive #23826

The last bottom is over a 100% gain from here.