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carlson

06/23/12 12:10 PM

#13265 RE: MoneyLikeSand #13263

Theres resistance at .41 right now but if that is taken out it could reach its highs again. But I'm no pro.

Mrktman57

06/23/12 12:17 PM

#13267 RE: MoneyLikeSand #13263

theres resistance at .25 then .41 and i do this for a living.

Hattori Hanzo

06/23/12 12:55 PM

#13271 RE: MoneyLikeSand #13263

Short answer......no.

geekman1

06/23/12 1:32 PM

#13277 RE: MoneyLikeSand #13263

As sniper already said, the short answer is no.

I don't claim to know anything at all, since this is the second promo I've been in. Right now I'm holding shares averaged around .19.

This is really a coin flip at this point in time. Support has held well in the .20s, but that doesn't mean it can't drop down to the low teens again in a matter of minutes. Just watch it closely and play it conservatively.

I will personally be selling in the low .30s unless something substantial happens in the next week or two. Good luck and remember, a small gain is better than a huge loss. And it takes much longer to recoup losses - for example, to recoup a 50% loss, it takes a 100% gain. Just my two cents, but what do I know?

chloebware

06/23/12 1:59 PM

#13281 RE: MoneyLikeSand #13263

Possibly with a monster PR that obliterates the short position quickly......75 is not out of the range!

Crazy Money

06/23/12 7:26 PM

#13295 RE: MoneyLikeSand #13263

Nope... maybe .40ish in the best case senario ;-)

dustins

06/23/12 7:33 PM

#13296 RE: MoneyLikeSand #13263

Without substantial news the price will not break the SMA 50, there will be too much profit taking