InvestorsHub Logo
icon url

Whiplash_Investor

08/06/08 10:05 AM

#20129 RE: turbosig #20057

It's a penny. I could easily drop back and test $.01s again. Remember that the last run into the $.05s occurred on no news. I think it may have been a large short covering, complemented by the usual momentum tag-a-longs. If that's the case, this could easily drift back into the low $.02s, maybe lower. Without last week's action, and no news, this will just slowly drift down.