A November to remember. Over the last 10 days or s
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In looking at the stock .09 to almost .15 we had a nice move of approx 60% and the RSI is about 65 at the higher end of the range. A red day allows it to breathe and is a healthy consolidation. Normally a 50% retracement to 60% retracement takes place so the mid ppoint would be approx .12 and we would still be in an uptrend. So dont fret the last 10 days we went up I believe 7 days and the stock is just taking a little well deserved break. I will not predict the pps as my pps projections have not been the best. However what I will say this is a far better stock at .10 to .14 then it was 7 months ago due to our dramatic revenue growth with our compounding business.
I ask of all of you do not play in the hands of the charlatans who try to instill fear and emotion into your decision making. Relax take a breath and think about why you bought in the 1st place and feel relieved when we see our report card in the very near future.
Stay confident and keep your eye on the ball and your emotions in check on both sides. I believe we have a very special and unique situation upon us and also believe the risk/reward predicated on the underlying fundamentals will reap enormous benefits down the road. I am looking forward to our 3rd quarter report and its only about a week away. I believe imho each and everyone of us will be proud to know what we own next week.
p.s. concerning Ironridge the most they can get if we lose is 1.6m shares that they will get at .10 cents a share. Who cares it is not a lot of $ in the grand scheme of things. 1 or 2 good volume days would take care of them IF they receive some shares. So lets relax with the sensationalism that is attached to these proclamations. Again A NOVEMBER TO REMEMBER.