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creede

07/27/08 11:42 AM

#711 RE: murocman #710

You could certainly be right - especially looking at that flag pole. What has me not so certain, however, is because I think 3 or 4 cents was way over sold, and here are my reasons.

1. Total lack of news from the company. In hindsight this is a great thing, because they were not diluting.

2. One heck of a weak market.

3. The local press was killing Myriad. All articles predicting doom and gloom.

Look at this turkey.

http://www.memphisdailynews.com/editorial/Article.aspx?id=36599

So maybe that flagpole is nothing more than the stock getting back to the value it should have been in the first place. If it is, then I can ignore that move and think another one might be due.

For the record, I did not sell any shares last week, and that's after getting a tad at .03 a few weeks back.



GodBless - NoDoubt - creede

~> #board-7229