Re: RE:...CLOSING LEVEL II...WOW!? Gil
in response to
by
posted on
Oct 08, 2009 11:02PM
Any reason to expect a pull back ?
Could be a natural course of action but with all the ingredients still remaining front and center, with WAEA concluding, SAMSUNG settlement pending later this month, the Q2 numbers followed by the annual shareholders meeting and DM still holding the trump card, I don't see much of a pull back that wouldn't be quickly corrected back to the upside...in fact, this rally really is looking rather formidable.
Closed at .17 yesterday only to open higher and hit .19 before trading all day between .18 and .185....today's close....with growing volume. Remember, what could stir microcap interest "later this year" ?
Traders exciting here will likely only be forced to enter at even higher levels...but that's their problem and actually helps the pps when they end up chasing it.
I think this has legs due to the expected set of events unfolding and finding the light of day.
GO EDIG !!!!!!!!!!!