The only thing I don't like about this.......
posted on
Sep 26, 2007 12:05PM
is the fact that it appears another lower base was established. I don't trade/invest for a living but this isn't my idea of a suitable level. The slow decline reminds me a lot of NMKT. I managed to ride that one down over a year and a half period as well. The only problem was/is it never rebounded. Most of the long timers on there, those holding 4 or 5 years, kept telling everyone to hold own. The end result, from $.70 to $.22 and it's never recovered. I would have loved to see us close "even" for the day. It would've given everyone a needed boost of confidence. I keep telling myself nothing has changed in the equation but I'm fully cognizant of the fact that we aren't privy to the inside information. That was one hell of a coordinated flush if thats what it was. I'm glad I don't trade for a living, that's for sure.