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Message: No damage on a down day

No damage on a down day

posted on Feb 23, 2010 08:31PM

Trading was slow today with a narrow range holding above yesterdays lows with lack of volume failing to give any direction for the stock. Traders were faced with long positions with no follow through and a seeming lack of leadership to continue the rally and still are.

Sellers seemed able to control themselves with no on getting the ball rolling on the downside.

Press coverage was extensive in the local New Jersey and Houston media but the action would suggest that all the people from this media are already owners and a new group of interested investors needs a swift kick to get on the ball and take the stock to a close above .66 for the first ime in months. hard to believe that the PP was done at .40 CDN before all the recent advances at the corporate level and the stock still languishes without a real lead. It was always tough to be in the game when your news was only good for a blink of investor notice. More to come.

Regards:

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