Seconds... no newsletters for me! <ggg>
But thanks for the nice thoughts anyway...
Today the first of my buy orders filled, so I was pleased to see that. There will be more I can assure you<gg> The market should remain under pressure I guess, so I think there will be other opportunities, and FWIW the gap from the early June lows still remains at $2.75. Perhaps it will fill during in the next week or so if downside volatility continues... or if we trend sideways and begin to put in a base.
There might be some concern in this market, but not much real fear...yet. I'd love to see some real capitulation selling...
The same type of bottom in GMGC was put in last year around this time too, and it took a few months. I think what is nice here is that there have been no days since the July/ Sept. double top levels of around $9 where the bottom dropped out and the stock gapped down hard, trapping alot of people who would want to sell as the stock moves up...creating alot of resistance; rather we've had a nice controlled market induced selloff. It took a while for folks to finally give up those shares at $4 and less<gg>
stockcharts.com[L,A]DACLYYMY[DE][PB50!B200!A2.875!A2.75!F][VC60][IUB14!LA8,17,9!LF!LH5,5!LI5,5!LG!LC20]
I couldn't be more excited about the company here... and the price of the stock... and I love the way LHSP has imploded. Less competition for investors... I think Nuan will deserve a hard look too in the $20's. For now though I'm going to relax and enjoy the show, let the stock come to me and focus on the future.
Way to much to be thankful for to get greedy here, so I'll wish you and yours all the best for a wonderful holiday.
Enjoy,
John |