RE:Just remember folks...I posted this Sunday nigh. Mostly because of Chris parry's bs article. I hope some of you took the advice and bought rather than sold Monday morning. I picked some up at .70 and unloaded 1.25 2 days later. Still holding majority of my core position in the .30s approaching 2 years now.
I just wanted to weigh in with another tid bit of thought to mention we are still in a bearish downtrend from our Jan. 2nd high. We haven't broken out yet on the next leg up. If you would like to take some profits this would be a good time. I do see this bleeding back down to lower support levels before we begin our next break out. Obvioulsy a good NR could potentionally change that for a good pop but we've got 2 in two weeks and knowing TNY we don't get them that often.
luther30 wrote: These markets rarely do what you think they will do. BUT - BUY when ppl are fearful! SELL when ppl are greedy!
Not the easiest advice to listen to sometimes and especially when you are waiting for a catalyst like a license to sell and you just want to hold on... Lots of times what happens is longs hold on in the downward pressure, swear they'll never sell, then end up barfing out their share right where the smart money steps in. F chris parry btw. The guys a negative goof who loves to jump on any chance to shake the tree harder.
But I think you need to remember why you first bought shares in TNY in the first place. I bought them because of the companies dream and what the future could hold.. Rember there's been no material change other than an update!
If back in Sept/Oct when we were around .30 & you were told we would be in the 50 cent 60 cent range and on the verge of licensing to sell in Cali and ready to roll out TNY 27 Rec in Feb, I'm sure you would be so so so happy! It's just paper money until you sell anyway!
Market makers prey on those who don't know what they're doing... Micky prays no one finds his IP address. GLTA this week.