Tough call there....what got me was that this last run did two things in particular:
1) closed above 0.14 which was a resistance level and high point of the last two false runs on lower volume
2) volume picked up again...roughly 4-5X what it had been for some time, indicating renewed interest and anticipated news
I am uneasy about buying in heavy if you already have a significant position, but that being said, I personally believe 0.15 will be a good buy-in once the news is out, so as long as you have patience and are willing to look at a bit of red in the short-term, hell just buy in now to avoid missing out on huge potential. We may see a pull-back, but I, personally, am not willing to risk that. I upped my buy order from 0.12 last week to 0.14 once it hit, which did not fill, and ended up upping my bid to 0.15 just to get the hell in. I knew 0.14 was a key mark to pass, so once it was past that, I wanted to be in just in case it flew like it has demonstrated so many times. I would love to see 0.11 again, but I have a feeling that is dreamland right now. Never know though.
Expected news any time:
1) China partner (much-needed funds here; this is key)
2) Phase II Alz./Park. results (will be great; no doubt)
Just do not be on the outside looking in when the above are announced ;)
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