RE: Long waitAbsolutely right. Keep waiting for that 10 cent buy-in. Problem is, you might get it. When the news is ready to be released, there will be a marked increase in share price a few days prior on spec buyers. This will bring the price back up to around 12 cents and then the news gets released and up we go. And that's where the problem starts. All the new buyers from 10 to 12 will sell around 15 or 16 and make a nice 40 or 50 percent increase and walk leaving a bunch of new bag holders. Price levels off and starts to drop on all the new buyers panicking because price is dropping and back down we go. It is a vicious cycle that has been playing over and over like Groundhog Day. Hope I'm wrong, but so far it's been doing just that from the mid 20's on down.
The way to play this stock has been mentioned a dozen times on this bull board. Sell on news, and buy back in on the panic sale that always follows the news. Just my opinion, take it , use it , ignore it, bash it. Doesn't bother me.
Have a nice weekend all.