RE: MEDIADCAN!!!!!!!cashmachine, when you taunt me with your stupidity, you force me to respond.
So...the charts indicate that this should fill the gap at .08 and if that occurs, that .06 is a strong possibility, of course unless some good news is released to stop the carnage.
So I suggested selling the position at .115 and take advantage of the tax loss situation.
The stock trades at .09 and is looking to fill the gap, but then near the end of the day, this patent news comes out.
Those who sold at .115 can buy back in on that news anywhere between .095 and .115
Sounds smart to me. It allowed you to open the possiblility of either a tax break, buying in lower, or jumping back in on news.
It was a win win scenerio all around.
But then again, the TA type of person sold at the open today.
Happy Trading all,
Mediascan