I am not a stock guru by ANY stretch and I am stil
Post# of 56324
Posted On: 01/28/2015 6:55:12 PM
Re: BigAddison #47692
I am not a stock guru by ANY stretch and I am still up in the air regarding TA but even I, somewhat of a novice, knew the PPS would drop without a license to generate income. I just made the fatal mistake of believing the license would arrive a LOT sooner. However I do agree with you one 1 main point and that is holding on to the cash until we hit bottom where we will get more bang for our buck in the low 00's.
I don't think we will hit trips, we hit that once for about split second in September 2013 (I think) then started north again so I don’t think that will be repeated with the progress that has been made, but it seems logical that if no one buys, the bids should keep dropping until we bottom and then there will be a feeding frenzy that should start pushing us up... assuming there is still enough investor confidence to keep the buying pressure on. The really question is what comes first, the bottom or the license? If the MM's don't stall this drop and we hit the bottom before we get a license ... interesting times indeed.
As always, this is just JMHO
SB
GrOw FITX
I don't think we will hit trips, we hit that once for about split second in September 2013 (I think) then started north again so I don’t think that will be repeated with the progress that has been made, but it seems logical that if no one buys, the bids should keep dropping until we bottom and then there will be a feeding frenzy that should start pushing us up... assuming there is still enough investor confidence to keep the buying pressure on. The really question is what comes first, the bottom or the license? If the MM's don't stall this drop and we hit the bottom before we get a license ... interesting times indeed.
As always, this is just JMHO
SB
GrOw FITX
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