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Montanore

11/08/11 11:12 AM

#14520 RE: gordonhoochie #14509

These sell offs have been on extremely light volume. There isn't much buying or selling pressure, so the MMs can monkey around a bit.

I hear and appreciate what you've been saying and maybe we still will get that .003, but I'm seeing a bottom ground out right here. In pinkie land, perceptions can change on a dime. Day traders can arrive in force with the news and send this up like a skyrocket. It has happened before several times. Long time 'bag holders' then change from pessimists to optimists.

Also, there's a tendency to beat the drum of negativity the loudest when stocks such as these are near the lows. That's when the smart money accumulates on the cheap. I've seen this happen countless times. Not saying I have a crystal ball or anything and I won't predict when or how high this could bounce, but I've made my peace with this one. All or nothing at all. (That's an old Frank Sinatra song that would make a good Lyric shirt. In fact, they should branch out to include those old standards--are you listening, Hanna? Shall I send you some design suggestions?)