posted on
Sep 10, 2007 04:42PM
My guess is "a big no" for any major pullbacks. The momentum on this stock is huge and if there were any really cold feet we would have seen them by the end of today. The only reason that the sp dropped from above 1.80 at days end was from a few pissy sells of 500-1000 shares, which to me was manipulation to keep it below 1.80. The momentum blew through most of the days points of resistance. I'll bet this gaps up in the morning, drops a bit a per the usual first hour's trading and then continues upward. The last halt produced about 3 days worth of sp increase followed by some drop until just before the second halt. I think there are a lot of news ducks coming to support and enhance the sp for a while to come. It's the fall, what very good timing. This stock has too much going for it, that has now hit the public eye, to suffer any immediate pullbacks. Have fun folks!