RE:RE:RE:How is this played??Pandora wrote: Quanadien wrote: bluemoons20 wrote: Hi,
Have been a shareholder for a while and seen lots of ups and downs. Also reading some of the posts.
My question is how will this play out?
Seems to me there will be a number of announcements and the stock will churn around here up and down.. However, I had expected that there would be some substantial announcements and the share price would steadily rise over time.
Seems here the plan is just hold on and one day sometime in the future , you will wake up and find out someone has thrown some money on the table and proposed a buyout. with the stock then finally going to a level approaching the buy out price??
Is this how it will go??
Thanks
From what I see in a technical point of view.... the recent run to 0.40 was on such a low volume that it can only means a pump and dump. People that werent able to se then 0.50-0.60... hold on their shares at the low 0.30s and take opportunity to sell higher .30s and 0.40. By doing its run at 0.40 we can see clearly on the weekly it reached the MA20... and I believed with following trading days. it was the resistance. So now if I look at the daily graph... I could think the support at 0.34 will last but no.. I dont think so. I'd say maybe the support at 0.28 on the weekly might be significant. Otherwise I'd say 0.20-0.24 is the next loading zone. My 2cents. IMHO
And has anyone paid you 2 cents yet? I will be watching for you getting the opportunity to load at 0.20 - 0.24. I am assuming that will be a long time but, like you, I could be wrong.
Lol nope never get paid my 2cents. But joke apart. Of course I could be wrong and Im clearly not sayig this will happen in a week or two. I just know that at these levels... with that volume not picking up and with no news of sales or buyout.. I rather stay on the sides than be in. If I miss the boat... it is fine by me. I already made a great share of money on this title. So now I prefer to play carefully on this one as I remember I got stuck on high positions for more than a year.