I got so down on this stock I would have given up just before the move from .55 to 1.55 in, what,.. 5 days?
Felling that again. Must be time to pick some up cheeep.
Volume down, backing up slowly into the old top.
Unless there is volume on the downside you have to pick your price and stand firm.
I regret not having been more active on this site. The stock is a classic pullback, wait and "hear" mode.
I am a firm believer and continue to reccomend and nibble away when the cash is on hand.
My bet was made at .52 and stays.
If i was smart i would have sold a bunch at $1.50 and bought it back now but I'm not that smart.
This is my long term bet.
If you get the urge go to stockcharts .com and look for similar patterns (NXT.V) durring the recent history. I think you will find periods of urgent buying and consolidation durring periods of newsnessness(SP) ..
Regards:
LIKE THE COACH SAID:: Buy em' when you're scared kid!!