RE: ONCE AND FOR ALL@lletea good post.
I couldn't have said it any better.
*Buy Out is around the corner i feel it..*
when this stock went up to 1.81ish after the japan crisis cooled, it had a similar chart pattern (it was quite and all) and than it went to 2.06 and again went d-low to 1.80's-1.90's.. chilled there for a bit.
Now from 2.06, breaking every possible resistance went up to 2.58 (consider it 1.90 from previous rise) then it went to 2.74 (consider it 2.06) and now back down to 2.50's 2.60's range (back to 1.90s). and now it is moving flat like it did between 1.85-2.06 range.
Tell me everyone sees this pattern lol its too obvious not to.
and on top you have potential 'takeovers' or curious institutions like
Stifel accumulating $5mil worth of stocks within 10days. A VERY GOOD SIGN indeed.
This all leads to one and only one thing, forget production, this baby will be bought out!
now the range depends on when and how much the SP is at the moment. I see resistance in the 2.90's just like it was 2.25(when it was roaming around in 1.90-2.06 range). Get what i am trying to say?
You don't need to be an insider or a super-investor to see the trends.
In it till the buyout holding strong :)
Cio
Ap3