hi hank..i am still around.
lets see.
some want to wait four years for fda approval of a drug
some want the company to have ideals and care for mankind.
but all want the stock to rise in price..
so, we have past management selling .. why would they keep
their stock?
so we have new lows in the price.
several folks realize the game plan is: don't buy till you
see a stabilization and then, a move up in heavy volume.
after all, how low is low? so, folks wait it out .
in fact , i would not recommend this stock at this time
till some facts are released to the public.
i am still long. i have no plans to sell shares or warrents.
in fact, i am buying..but, this is my decision, not meant to
influence anyone as all have their level of tolerance in
the market. to me its like going to a casino.
i win , or, i lose. to me its simple.
now many folks own the stock, again, they wait or sell.
i prefer to talk about the company and directions ..
the price i leave up to events to unfold.
anyone can say, they knew babish would lose out and rhoades
would win out. they could also say, if it happened some
big stock players would leave the field.
the key i think may be next week.
watch the price and volume.
assuming folks paid for their stock, the friday volume
indicated serious selling by big owners. so, either they are
finished or will be soon.
once we get thru some more news events the stock will react .maybe
down, maybe up.
i am not too concerned about the company. i am concerned about the
stock price as we all want a higher priced stock..
the company will make it..but, its the period till we have
the proof in the investing public area is the tough part.
in fact, soem folks will sell at the dollar level when it
gets there..
who will tell us to hold if we see a buck? or, will the little
folks all sell at the
break even point and then watch events unfold..??
o well, the price is the controllong factor.
till we see a move up i think it best to hold back with
tid bits as they will not affect the price.
the stock will only rise on the big boys playing the game.
they will play, but, the timing is the key.
so hold off on any buying till you see the direction and
feel real comfortabe. or, just sell when you feel the pain is
at your level of comfort. |
