RE: fear on monday"When this happened back in march of 2008 the stock fell from .90 to .15 on about 8 million shares closing the session at .18.
In the following it got a bounce hitting a high of 27 and closing at 25. it drifted around for 2.5 years during the uspto appeal re-exam hitting as low .06 one day. i was accumulating a lot of what i have in these teen prices.
Now we are in a little different situation here as support really jumped in at .40-.43 to gobble up a wave of stock that was being offered basically at market prices which may indicate a floor of some sort. People evaluating this risk for a play in the coming weeks likely expect to run this stock up a bit on monday for sure. This is a day traders dream where there are millions of shares they have accumulated at .40 and now control a lot of the stock that they will play with in the weeks ahead. I fully expect price runs and drops - daytraders can easily run up the price with a few shares to test the market for buyers who may think this is a great opportunity to accumulate for .50 or .60.
Hope really plays into the day traders game and i expect to see some interesting action in sp monday and tuesday."
I agree with you, the patern tell us that we will go up monday. As a swing trader, i'll be there...