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Rainman21

01/15/10 7:48 AM

#1230 RE: shappy3 #1229

Hard to tell, as the closing price just finished up for the 4th day in a row...momentum is slowing though and we ran up to .70 earlier in the week, so that looks to be a point as which the people who got in back in the 30s and 40s are willing to say 'good enough' lets profit

and as much as i hate it, its also the point in which some of those who loaded before the PR are taking some gains, as i mentioned its a BS system that certain people have that advantage, but what can you do

2 ways to look at it in my opinion

1) techinally - and technically we ran up to .78 about 18 mos ago, hung around for a while and then collapsed, so i would keep an eye out for the closing prices over the next week, id hate to sell, but if we go back to the 60s and look to fall further, id be an idiot not to protect some....core position is not going anywhere though, holding onto this guy for a while...i think I broke the cardinal rule in investing - i fell in love with one stock

2) fundamentally - this is a different animal than the last time we ran up to the .70s some 18 months ago..we have a key product in a nat gas field...the product has had early success..the nat gas sector is going to be a monster this decade (IMO)...more eyes are on this stock now...bigger buys are going off...we have talk of moving up in exchanges..we've got Revs like never before...and we've got outside funding like never before...lot of believers out there.....also, id have to think the collapse from the last run up to the 70s was in part due to an economy that was collapsing (run the DOW against our stock pr over the last 24 months, pretty interesting)

all in all, whats my opinion? (if it even matters)......i think it depends on the next PR/news release...if we dont hear a word for the next two months we could plateau or even fall (10-20%)...i dont think we fall below .52 though...that was a huge breakthru and shou7ld be a strong support....if we hear anything positive (outside of what we've already heard), such as contracts, legislation pressures to manadate this nat gas water purification tech, etc.....then see you above a $1

all my opinion