Replies to post #29820 on Ocata Therapeutics Inc fka OCAT

[JrInvestor133]

I am new to the stock market but heard a lot of good about this company. So I purchased a lot of shares. Any idea on whether or not its gonna tank. I'm hoping not:/

[Lil' Jon]

Your welcome. ACT needs some news soon or support at .17 will collapse. The doji created yesterday signifies pure indecision. Traders don't like leaving their money sitting in a position gathering dust. Boredom leads to gradual sell-offs. Traders will pull-out, and still watch it, but need to see something [a bottom, no sellers left] indicating a reversal of trend is near.