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ospreyeye

10/18/10 4:19 PM

#14335 RE: samick2014white #14331

unfortunately....not good......0.003 is the lowest close in 6 trading sessions....closed below support (0.0032).....the high wave pattern showed a sense of loss of direction....today LFBG was seeking a direction to follow and the Bears took over....the pr gave them the ammo to send it lower....I think the co. will clarify what the financing will cost them and all will be good....as long as the Dilution isn't HUGE....looking for support in the 0.002-0.0026 range.......more than likely there should be a bounce off 0.0025...there's solid support @ 0.002.....I like the potential for this co......I think a yr from now the share price will be much higher.....I'm just not sure what the short term outlook is until we know how much the financing's going to cost$$$