RE:RE:RE:RE:Ingore?Agreed rjip. Such as gibbonsj making the announcement
gibbonsj wrote: dito. I sold Friday at .78. Did not hesitate. Fully expect to see low .50 to mid .40.
Ok so he made the big move at 0.78 which seems almost understandable if he wanted to take some or all profit off the table ? Why would you expect a retracement to January's #s of 0.50 or 0.40 while conventional thought or wisdom would be a retracement in around 50% on the run up from 0.55 to 0.78 . Which sould set us in the area of 0.65 ?