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Here's my guess. Price will explode up to 1.12 in first hour or two. After trading halt to get orders straightened out, profit takers will drive price down to 0.44. Close at 0.68. I watched chart as it unfolded on Yahoo Friday. Went from 0.13 to 0.44 quickly, then dropped to 0.25. I tried to get in on dip, ended up getting average of 0.29. Price eased up to 0.33 at the close. I suggest you get on a quote site that shows you daily chart. You can watch the chart pattern as it unfolds, and it gives you a better gut feeing when THE DIP is fixing to end. Remember, thousands, including Colleen, will be trying to time THE DIP, so you have got to be nimble. Bid a limit 3-4 cents higher than the ask when you make your move, to get to the head of the MM list. You get the highest price if you go market order, but you definitely will be at front of list, only they may hold you out awhile to get more commission out of you. Remember, on Friday some saw price in twenties when they made their market order, and ended up with a 0.40- 0.44 buy price. Anyone else have a strategy and dip price? |
