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Message: Price bounce

Price bounce

posted on Jun 09, 2009 12:16PM

We cannot watch the price change on a day to day basis uless you are day traders and I don't believe many here are.

Until the earnings report, we will see this type of fluctuation. Yestarday you saw what a large purchase created, the cow mentality...all wanted to buy in order not to miss the boat.

Today the volume was much less; and I bet tomorrow we will be back at .15 .16.

Some of you are thinking .12, I suppose anything is possible.

A better discussion would be to estimate what the PPS should be if earnings are in the $ 6mil or above for the Q.

As I said many times, I see the possibilities of a .30 range very doable.

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Jun 09, 2009 12:38PM
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Jun 09, 2009 03:00PM

Jun 09, 2009 08:37PM
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