RE: Unless of course?Hard to imagine that we're at this point and I wish I could've sold mine at $0.24 this morning, instead I'm holding on to a bunch that were bought at substantially higher prices. Since I didn't even get close to getting out at my ask, I've elected to hang on and am planning on picking some up relatively cheap ($0.17/ea or so to average down!).
IMHO: we'll get a bounce from the levels we're trading at as I write (around $0.18) but maybe not right away. Keep in mind that the stocks in this play are all moving much greater volumes than normal and are therefore being accumulated by someone?!?! That's what some posters call the 'smart money' and I'm hoping to get me some...
With a million shares already traded in CWV today, there's bound to be some people raising the ask pretty soon. I wouldn't be surprised to see a close at $0.18 or higher today, a slight pullback again tomorrow morning but with a close at $0.20. Without any news though, I doubt that we'll get back to $0.24 until the end of next week or longer. So, you can add more or dump and move on, your choice not mine! Again, IMHO, I don't see a whole bunch more downside from here...
Cheers,
C300