InvestorsHub Logo
icon url

Ecomike

03/11/10 11:30 AM

#729 RE: frankie_fillet #728

I agree, I bought my permanent shares real cheap last year, sold them and later bought them back....., I considered nibbling at just under $1 the other day, but decided to wait, as I think next month will be a big hair cut for most stocks as march OPEX, and March close out. I am not buying or selling HTM here.

I think the price fell due to reaching an over exuberant peak, combined with lack of profit and expected share dilution. The dilution news finally pushed it under $1. I think a buying target of .50 to .70 is a good bottom target, depending on how much selling we do or don't see in a correction down in April.