RE:RE:RE:Eagerly Waiting to buyI have been predicting for the last month or so that I expected this stock to go down to about $2 as it was at that price for quite a while, last fall, establishing a solid floor.
It declined all the way down from $1.75 to $2 and sometime at a rate of 10 cents in a day. As it neared $2, I was expecting the SP coming down only a few cents per day indicating a soft landing to $2 but this does not appear to be the case with losing 4 cents, today.
$2 was my target price to buy back and I usualy wait for a little while and let the SP fluctuate up and down around a price before buying. However, with a drop of 4 cents, today, this is a pretty hard landing and I suspect it might drop a little bit more before reaching the floor but I think we are pretty close.
Some pretend that it will drop to $1.50 but I am not that pessimistic. I can only see this happening if we were to get a major bad news. I think this stock is ready to bounce back and I want to own a truckload of shares when it does.