Post by
timetolive on Sep 29, 2010 12:48pm
Sell off is right on schedule...
Big surprise...she is being sold off again. Not a lot, down 4 cents. But still, just as I said would happen once she reached for 50 cents, it would drop back. I chose to only sell 25% of my position at 50 cents yesterday, glad I did. This will bleed for the next several days until Tuesday when it will pop again just before another NR. This is likely the last or second last NR we will receive regarding Phase II as it's basically finished. So we need some movement from this stock fast or else I think we will see the 25-30 cent range again very quickly.
The upside is, this company has released some great results. I expected a lot more buying this week, but I'm not complaining as I was able to finally take cash off the table yesterday.
We'll see what next Tuesday and Wednesday brings.
Comment by
trendisafriend on Sep 29, 2010 2:00pm
well, well, well. Ill send you a little inbox later. nice to see you hear.
Comment by
timetolive on Sep 29, 2010 3:29pm
Sounds good. Yeah I'm a barrel of fun...not, lol.I just hate how this stock has played. I've only been in it for 6 months, but still. Looks like it's back to even money today. Glad to see that. I think that's a good sign. Buying support.