Chuck, it seems that I am the only voice of caution on this thread. All I am trying to say is very simple, if it is so great, how come the stock acts like it is the end of the world? Therefore, before you double down again, I suggest in these posts, in essence, that you are not going to miss the real "big" move, if it comes, even if you buy at twice of today's price. If you are inclined to try and find the best buying price, then you may want to wait for a true price/volume reversal. I have no idea if it is going to occur here at half today's price or whenever. One thing watching the market has taught me, if someone still shorts a stock aggressively under $.5/share, he knows much more than I do about the prospects. If the weakness is not shorting, then it is best to wait until such weakness exhausted itself.
Zeev
PS, I can of course, restrain these posts of mine and then we will have the unusual occurence of an IEI above 3 while the stock is still clearly going down. |
