Undoubtly, soon or later there will be a rebound. There was a minor one at lunch today and it was less than a buck and ADSP finished the day below the nine dollar mark. This price is good for another panic type sell tomorrow morning, so look for a gap down on opening.
The only way for a major rebound of several dollars is for something drastic to happen and what would that be?? Possibly the five dollar mark will cause a rebound of $1-2. If so, you are in too early. This is only a two dollar stock and sooner or later, it will go there. Have fun for the ride.
>>ADSP is currently *oversold*, probably heavily shorted, and being watched by MANY, MANY players who saw, but missed the recent spike to $40+. Once we get some upward momentum, look out...<< The likelihood of this happening is decreasing by an order of magnitude each day. In another two or three days, it will be nil. The interest has shifted elsewhere and as it shifted, the price kept dropping. Hope that you haven't sold the farm on your speculation. TTT |
