technicals are still pointing to lower prices Before I write anything else I will point out that I have been an investor in Sokoman since the
.05 cent mark and really management, really like the potential of this company and still think
on a valuation basis it is the best one although one can not ignore the absolute stellar result
after result of New Found. Having said all that I did post at the frothy levels that the over hype
and marketing in this area had taken all of these companies including Sokoman to levels that
were just way too rich. I did say I expected a minimum downward price of .44 cents and
of course we reached and went through that level, and got attacked by a couple of people calling
me out for having said that. I am not. I have pointed out in the past that the gap
that sits in the mid .20s cent mark is one to watch and when I look at the RSI even though
it seems we are getting close to oversold range the volume is still not confirming this is over. The
gap in the mid .20s is still a very real possibility and the way the entire sector is acting I would
not be surprised if we were to see that level for Sokoman. At the end of the day it is an
individual decision depending on a wide range of factors for each person what they decide ...
it would have been prudent to sell at least some at the higher prices. A sensible accumulation
strategy as we move down would also serve well.