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asuato

12/06/09 4:08 PM

#21139 RE: carp1 #21138

What exactly are MMs?
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Rainman21

12/06/09 7:11 PM

#21142 RE: carp1 #21138

Im looking for larger buys going off at the Ask price...we might find some resistance at the .15, .24 and .32.....but that will be a lot due to profit taking..what were all hoping is that the momentum of an upward move brings new buyers...new buyers can cancel out short term profit takers (which theyll be a lot of - the yahoo board alone lets you know there's a lot of day traders out there working this stock, there's a "we're going to the moon $2!!" post every day....those same people will be selling at .15)..the first few resistance levels will be the hardest...the key is getting over .4 in my opinion

when MMs release the hold-down, we're going to see a run....even MMs get tired of accumulating sooner or later and say time to let us get 2x, 3x profits

longer term holders dont have too much to worry about IMO, if you got this in an IRA just forget about it and come back in a few years and you'll be happy......shorter term traders are all buckled in ready to let the games begin any day

while I am both a long term and short term holder of this stock, its about more than $$ to me...i have type 1 diabetes....im hoping for a win-win with this company




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Investing123

12/06/09 10:48 PM

#21144 RE: carp1 #21138

That is exactly what was happening in December 2008 then it took off in first week of January. Week hands and tax loss right off is main cause of selling. IMHO!.
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smurfgizmo

12/07/09 11:45 AM

#21148 RE: carp1 #21138

I might be sorry carp but after what Dr. Lanza said about the possible exclusion of our cells and no movement today after this weekends investor conference it looking pretty weak for any kind of short term gains. I had high hopes for this stock and if we were at .15 or better i'd be holding tight right now but considering the negative factors i can't stay in with as much cash as i already plunked in and feel safe anymore. Hell they can't even pep up the current holders with good news so i guess thats says alot!