I am sorry that I don't quite agree with that,from what I have seen in my short time in the market is that it moves on expectation.alot of things are allready factored in by the time news gets there.phbt has been on a pretty steady climb on no news what so ever as an example.exept for winning a law suite. but it was already moveing when that came out.of course this is just my opinion,Either way works for me.I can flip as well as hold.
Xanadu, what should the pps be at for this sort of monumental news? Amazing run last week and more amazing yet was yesterdays action. Few sellers below .065. This could hold up come next week. We certainly will see a higher base than has been seen this past month. My guess is we continue to slide in volume and bounce around a bit as the traders take a few more stabs at making a couple of bucks. Bottom line, the pps will drop some more without news and base some where in the .004 to 005 range for now. Watch this explode on any news next week though. This baby is on some serious radar screens. Holding my new shares over the weekend to see what Monday brings. Good luck to you. Joe
i plan on trying to get out at the high on monday and play this one like a day trader until actual news comes out and then we'll break into the pennies.