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Ecomike

06/28/10 11:04 AM

#3262 RE: pennystockbrad #3261

I think there has been so much news lately the stock is numb to additional news, except the next quarterly loss (earnings?) reports. There may be a bit of seasonality to the business, and the thus the stock price. I am still long with a core holding, but may not add until Dec-Jan next, as I do not expect the price to move up much before then. It may in fact test new lows by year end. There is a chance they will finally make a profit by this time next year, on spring 2011 sales next year, so I will be watching for ultra lows to buy at on the way there, but I don't expect to see much over $1 before then, and only slow bounces up when and if the market rallies.

GLTA