Anything under .02 is a nice place to start or add. Keep some cash for days like today and take advantage of the panic. When I see a big downspike on huge volume that's my trigger to jump in for a few more. Same thing when it goes up like a flagpole, time to take a few off the table. That way I'm never all out when the big runner comes. When the right news comes this will launch again IMO
IMO...I can give you 100 reasons to buy into it - it's called per cent increase. The increase in A/S (and most dubiously the O/S as well) will not take place for another 29 days. The company is generating (and has been since December) revenue from several wells. The first well at Lone Oak is most likely complete now and the test results are being analyzed prior to the PR. This stock has no place to go except up for at least the next 3+ weeks. The share price will definitely double from it's current 0.02 price, and perhaps quadruple or more once the good news is released and realized.
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