|
Darlene, Monday is not a critical day but something not occuring before Thanksgiving might. WHile I share your view of nervous weak hands in penny stocks, and while I agree that there was enormous giddieness regarding BCMD which has tapered off somewhat, I don't think this particular Monday is necessarily break the support day. I am an attorney that has done a large number of litigations and meger and acquisitions and can tell you first hand contracts such as a JV take time and the company must first and foremost consider sealing the best deal possible given its circumstances. As much as it may want to please you, me and its other investors, it would be a disservice to rush into a contract that is less favorable than it might otherwise be simply ecuase an investment club or group such as the one you're in wants to make some short, and possibly long term profits. Remember, we're traders for the most part, the company founders have to live with the deals it makes for decades. If the company makes a JV announcement next Friday or even a week from Wednesday the stock will still move. Now I agree that I would e happier if it took off from these rather than lower levels, but hell, as long as we are in profit territory I would e happy. I am saying that Monday, while important, should not be made into some kind of do or die day. Wednesday maybe, but not Monday (LOL) |
