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Bingohippie

06/01/08 1:06 AM

#1387 RE: OG_Money #1379

I'm not interested in arguing. I can understand frustration and so on, but when the stock price is way below the 52 week low at .03, with the Williams indicator, CCI, RSI and MACD all screaming "bottom!" and "buy NOW!" and some people are posting that it is going into the sub-pennies, or that the stock deserves to languish at rock bottom, ya gotta think that there must be ulterior motives for kicking a stock that is down much lower than it should be despite an important (but minor) dilution to raise all-important capital that Tao investors had been hoping for for over a year. OG said it best in post #1379.
Man, when GXPI was at .03 we all agreed that it was ridiculous. Tao at .03 is equally ridiculous. Yes, there is work to do, it's been under .10 for a long time. I think they're working hard to turn it around. With so many positive things happening now, it should be trading higher than it did in 2007 (NOTHING was happening).
I like Gemini, but there is no reason why it should revisit .09 short term with no news. The technical indicators suggested (as here) that it should rebound dramatically from .03 and it did. Right now it's TAOL's turn to fly. Buys are outnumbering sells again and I expect it to revisit the .05-.07 range next week, minimum. Gemini is doing good, but it's on pause right now, consolidating, and might go down a bit more on low volume selling short term. I'd buy it too if buying momentum picks up again for whatever reason. Both plays are undervalued, but TAOL should regain .05-.06 minimum support levels and go much higher with good news, so I'm more comfortable here right now, and I'm glad as hell that I bought some more at .035 and .032.