$1.10 close, not so good, but was low volume today. Sold some at $1.19, some more at $1.16 and holding 5K shares bought at $1.12 presently. I think I may get on the sidelines and not buy any until this hits like $1.22 or breaks out above resistance. Then load the boat heavy, right now we keep teetering down near the recent alltime lows. I think this stock may have seen it's bottom already, but the share price is kind of in no mans land right now, drifting aimlessly. I'd like to see a clear direction north or south to make up my mind, I'd rather pay a dime more to know it is in breakout mode, or at least in a healthy upward motion, this wishy washy $1.10 to $1.19 is annoying. I also worry this trend on Soaps chart will pull this stock lower if we can't break it and get above certain indicators.
Soap can you tell me a share price this could hit that would make you think this is a safe play to load fairly heavy? Like $1.22, $1.27, definitely $1.31 range? I would personally feel pretty good buying at $1.20 break, but obviously each nickel higher makes it more and more of a confirmed breakout going north.
Lastly, make no mistake, I'll be on this ship during 2011 and 2012 cause I fully expect this baby to get cranking soon, just not sure exactly when, but this stock is turning around, so will the share price one day soon, just my opinion, do your own DD folks.
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