With a 500 share SOES limit, when the selling starts, stocks like this fall out of bed like a stone.
Gravity is a powerful tool, and one that cannot be denied forver. At $3 it was extended, and I made my case.....but it continued. Anyway, when the conversation picked up from the other boards that IRSN could be compared to the next IOM, my selling button was ready. HYPE is good for only so long, and that provided the parabolic that unfolded.
IRSN MAY very well have new products, but before this issue ever gets to $5 you will see alot of the same scenario that has happened recently.
IRSN needs to establish a new base, and I for one do not know where that will be. However, until that happens, one cannot easily predict where it is going.
Round numbers are always a nice indicator, since they are easy for most to figure, so I would assume either 2 or maybe 3 dollars. Alot of people are holding then bag now, so it could very well be $2.
Fred, you are wrong...the point is to MAKE MONEY...not HAVE FUN...lol |