Lou, As far as a stragegy on how to play this, here are some of my thoughts (after talking to myself)
Damn!
Son of a (^(&^(*&
What the ^%#^ is going on?
Seriously, as I had written in my earlier post, there seems to be nothing that has fundamentally changed. If anything they are in much better shape then they were when I originally started to follow them and that was when they were trading at .81. So, based on that, this sure looks tasty. But, I would still exercise some caution. After looking at the tape, I still feel that this has been an orchestrated hatchet job, so you want to make sure there are no braves hiding in the bushes.
It is really perplexing, because this is where the big money is to be made, buying stocks when they are bloody is the fastest way I know to get well, fast. But, you don't want to get bloodied yourself in doing it, so, nibbling may be the prudent way to react, then jump on if no arrows are witnessed.
Just my thoughts, but I always believe it is better to be safe then sorry.
RB |
