news soon? Long term the chart looks good, Technically if we don't close under .435 cents then I think we just hit the bottom of the low for this chart. Short term we should bounce off from here. Guessing news will be out wednesday or thursday. Volume should pick up and news should be good.
I prefer to see the share price falling before a good news release because they are keeping the price low so that they can accumulate more. When the price rises before news is released (and typically the news is bad), people seem to be unloading and taking a healthy profit before the stock tanks. I have also seen it too many times, now is the time to be buying. I will try to double my position tomorrow, since it is small. Always do your DD and good luck to the longs.