btw i have enjoyed reading all your posts depak, very insightful. where r u expecting our next ceiling? ive been pouring over the charts and technicals seem to guesstimate somewhere .25 lower side to .30-.35 around Xmas to early January (oddly right as those 120 million 0.01 share can b sold, in which case the next correction will occur; assuming no big news regarding printright 3d). so far, IMO, the technical signals in the charts have proved to surprisingly accurate in regards to this particular stock and would love to hear your thoughts on the points and predictions i just made.
Thank you for the kind words. You are more or less in line are in line with me. This stock has been following TA exceptionaly well. And we now have more fundamental news backing us. The next leg up is underway. I wouldn't be surprised though to see a pull back tommorrow. Setting up another technical reaction. It's clasic to get a pull back off the intial rise, as we turn around. It will shake out more weak hands and give The Kabukki Guy an oppurtunity to spew some more garabage. But, the new leg up has definetely begun. I think we will get above .20 cents pretty quick this time (not like last time was slow). I think that .25 to .35 cent range will be achieved by December. I tell you though. When I double my money again, I will have an itchy trigger finger. I dont want to be around for the January event or The Impending Stock Reversal. This is easy money in this stock, but I have no illusions of making myself a millionaire on this play. But I am using it as a vehicle to make quick and easy money. I will roll my wins here into stocks like AMAVF, DDD, SCTY, FSLR. I am a Momentum Trader and I keep my money in solid stocks that are in Industries experiencing Huge Momentum. 3D and Solar continue to have Momentum. Its where the hot money is going. And I tell you, if you follow this philosophy and stick with solid stocks experiencing Momentum in thier Industry, you will Outpreform the Indexes and 95% of all traders.