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retiredMM

11/09/10 10:40 AM

#1708 RE: Gmarc3 #1706

Gmarc

If it breaks .15 it goes down to between .09 to .11. It will have a nice % rebound even if it's only .03 or .04 that is a 30% to 40% profit (maybe it goes higher but resistance will be at .15). If all this news is real then it should be priced at .35 or higher. If it's not it will slowly make it's way to sub penny levels.

It will be a play at the dime level (just a play). Then you will have to decide whether you believe the story or not. It will make you decide if you are an investor or a trader.

If it stays above .15 (which I doubt without news) it will probably just hang out for a while between .15 and .20.