I sense sarcasm. I didn't realize that an anony
Post# of 7769
Posted On: 07/15/2014 11:10:03 AM
I sense sarcasm.
I didn't realize that an anonymous internet message board had such stringent posting criteria but since you asked here is what I really think.
To backup why I would like to see it hold in the .15 to .16 range is because the 50 day is at .12, 200 at .14, so I would like to see that 50 cross the 200. Today RSI is down in the 40's so to me, this is a buying opportunity. We are still under that .14/.15 mark, but I get the impression once we pop through it will start to move more substantially. By holding the .15 range it will help solidify that as a bottom as opposed to this .12/.13 bottom we've been seeing.
If I wanted to look out 3-4 weeks I believe that more buying will slip into the stock and volume will increase, simply because word is going to get out. The day I'm most interested in is the day that a retail investor is no longer the primary source of volume, and we start seeing blocks of 40-50, 100k at a time. Hold .15 range, and see large blocks going off... now we're moving.
Maintaining consistent news releases with positive results is going to help support along the way. It doesn't need to be massive news, but positive news. 0 to .1 is positive, just as 0 to 100, either way positive is positive.
A previous poster asked why the stock isn't moving as much right now... I'd ask the same thing. Why wait? To me this is the time to buy, not at .40 or .50, but here at .13. Sure, the elevator is going up and no matter what floor you get on you'll make it to the top, but it's more fun if you're on the ride for the whole time.
So let's go people, take it and bid it!
I didn't realize that an anonymous internet message board had such stringent posting criteria but since you asked here is what I really think.
To backup why I would like to see it hold in the .15 to .16 range is because the 50 day is at .12, 200 at .14, so I would like to see that 50 cross the 200. Today RSI is down in the 40's so to me, this is a buying opportunity. We are still under that .14/.15 mark, but I get the impression once we pop through it will start to move more substantially. By holding the .15 range it will help solidify that as a bottom as opposed to this .12/.13 bottom we've been seeing.
If I wanted to look out 3-4 weeks I believe that more buying will slip into the stock and volume will increase, simply because word is going to get out. The day I'm most interested in is the day that a retail investor is no longer the primary source of volume, and we start seeing blocks of 40-50, 100k at a time. Hold .15 range, and see large blocks going off... now we're moving.
Maintaining consistent news releases with positive results is going to help support along the way. It doesn't need to be massive news, but positive news. 0 to .1 is positive, just as 0 to 100, either way positive is positive.
A previous poster asked why the stock isn't moving as much right now... I'd ask the same thing. Why wait? To me this is the time to buy, not at .40 or .50, but here at .13. Sure, the elevator is going up and no matter what floor you get on you'll make it to the top, but it's more fun if you're on the ride for the whole time.
So let's go people, take it and bid it!
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