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jcwillis

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DOWN 8%

posted on Dec 14, 2011 10:32PM

Close at 0.89 on 6.3 million volume

OBV went Bearish. Some Bullishness by printing a higher low.

Definite profit taking. A dollar is very tempting to those in for pennies.

Might be the dime convertibles selling. If so, sp should stay near $1.

Possibly short players getting in. If so, and a PR comes out it would be ugly for them.

Next supports: BB upper... 0.87,...8DayMA... 0.67,...14Day MA... 0.57,... BB mid... 0.53