Catching up on some interesting postsSounds like a lot of conspiracy theories and end of year dissappointments.
Ive been around this game for a very long time, and would just say this.
The stockmarket is based on BS, always has, always will.
As our famous actor once said, "greed is good"
It is for this very reason that I like to look at the charts and see what they are telling me.
Well...and yes I am sounding like a broken record, but this stock is ripe for a very nice bull run.
It has tested bottom on numerous occassions can cannot break below .30
All the indicators are saying it is at its bottom and are all wound up and ready to explode to the upside.
The stock has traded its entire float above .30 so basically everyone is in who wants to be in.
It's now the Christmas season and many are already on holidays.
Enjoy the holidays, the new year should be amazing for this play strictly based on the charts.
As well, the new year should be amazing based on the fundamentals.
From where I stand and as wildman states....patience is the key.
Typically when everyone has jumped ship and given up it typically the time when the stock finally turns around.
Happy Trading all,
Mediascan