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iKauai

07/21/10 12:44 AM

#165956 RE: ORCA #165950

It only ran up because of the new financing deal with Newby being hyped at that time. Now there is nothing new being hyped and absolutely no details or updates on the newby financing either, while both financing deals are well past their timelines as PR'd by Dean numerous times. And today's CC gives the distinct impression that Dean will become very insular with new company developments/changes which IMO will breed even more distrust going forward.

From a T/A aspect alone, I had thought .005's and lower .006's was a good place to add, but after this CC today I think it could go lower now. People were hoping for lots of meat and potatoes on this CC but all they got was more diversionary and/or forward leading rhetoric about some vague PR later this week. In total, this CC was less descriptive than any of the previous, especially considering the circumstances of not having much as far as updates all this month after everything was supposed to have kicked into gear by the end of last month (per Dean again).

Something to consider for trading purposes. GL

all jmho
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SimonL

07/21/10 12:50 AM

#165963 RE: ORCA #165950

Good insight, but what kind of news will bring this back up to the penny range again? Last time this ran it was because of the Newby deal. I am here for the bounce play, but anything can happen. I just don't know what kind of news can get the people to buy again. Yet again from looking at the chart history it has bounced plenty of time... So this can follow history or rewrite it. Who knows?