Post by
bullchart on Apr 23, 2012 4:15pm
Fib move
I just did a Fib retracement on our move Ap 13 .135 to Apr 19 of .265 when the higher highs stopped. A 50% retracement is .19 to .20. The 38.2 retracement is .206 to .22. Little doubt we will do the 38.2 retracement as we are at that now. We will see where the selling volume goes. Most of the buying was in that .19-.20 area. After thatit appears some grabbed the 25-30 % profit. .18-.195 appears to be a good stink bid area to sit. And for those that think I am bashing... wrong... I will just add to this .20 area because this will appear cheap at this price within this year. Not worried in the least. Everything is getting a haircut.
Comment by
gas61di56 on Apr 23, 2012 8:49pm
Chances to get this back below .20 is very thin. IMO, Mr. Collins is just about to come out with some updates on new facilities and numbers on scans. Profit takers just gave some gifts to their buyers...I say we finish the week over .30. G
Comment by
Stanleymarc on Apr 23, 2012 10:51pm
The problem is that they still haven't made a profit. Releasing it now is too early. We likely won't see anything promising in the way of numbers till the end of the year. >
Comment by
Stanleymarc on Apr 23, 2012 10:53pm
The problem is that they still haven't made a profit. Releasing it now is too early. We likely won't see anything promising in the way of numbers till the end of the year. >
Comment by
gas61di56 on Apr 24, 2012 6:54am
It is not a matter of profit right now but to show the growth happening every week. If it takes too long the price will depreciate to the same level as before and all the effort put in to the advertising will be gone. Once investors have chosen other companies to put their money in it is harder to bring them back. G
Comment by
requiemeterna on Apr 24, 2012 7:15am
NEWS and NUMBERS, day traders have a point!!! GL LONGS.
Comment by
gas61di56 on Apr 24, 2012 8:36am
How long are you in for ? You can be long several years if they keep missing the point of advertising. Future will tell the story...I'm giving it till August for some decent growth...still would be nice to get updates every week. GL G