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k_trader

08/02/10 10:03 AM

#10782 RE: buckiii2 #10777

Past runs was speculation, however you have to remember we were near the bottom also, in triple zero range, and I am afraid we will probably fall back to those levels again without any news. If I were to buy today, I would never get into this stock looking at technicals, they are horrible. I am going to take a break from this one for a while, if PPS drops back below .002's maybe into high .001's I will probably consider taking another look.

It seems speculation has now died off and all we are left with is low volume now, this tells me no one is interested in the stock right now. Unless there is news, I am afraid the stock will continue to decline unfortunately. We can run on technicals also, but this is telling me the PPS is falling.

As Warren Buffet would say "Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks."

I will be around if anyone has questions, and will be more than happy to update the chart if I see anything positive.

Good Luck to Everyone!