posted on
Nov 30, 2010 05:48PM
With all due respect fantomas I don't believe it is fair to compare only .48 and .43 as the issue here. The real issue is how this stock is down almost 60% from it's almost $1 high over the past few months. This is more than just penny fluctuations to both day traders and investors. Some members on here have reported buying at the near 52 week high or just under. Many recommended this stock as a buying opportunity all the way from .79 downward.
Technically this stock does not look good. Only a news release or results is going to stop this tap from running since it is obviously now more than a drip.
There is too much downward pressure here now : Tax loss season, low volume, continual waits for updates, etc etc.
I wish everyone the best of luck but I fear that we will be having the same hopes to come when we are in the .30s by which time I will have long since exited.
Just my humble opinion for what it's worth.