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Microcap & Penny Stocks : NYRR,What is going on?

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To: Dwayne Hines who wrote (4045)7/16/1999 9:15:00 AM
From: Andrew  Read Replies (1) of 4304
 
I'd be a buyer below $.60 - I regretfully sold 1/4 of my holdings prematurely at this price before the explosion to $1.75. Anyone have any TA basis to spot resistance below this level? Someone on this or the RB thread (was it you, Dwayne?) said there was virtually NO resistance once we closed below $.75 - all the way down to the .20s. This seems ludicrous in light of all the positive developments since May 31, but I am going to be extremely cautious anyway.
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