10 straight days DOWN, tell me again its not a big deal...
no breakouts, resistant levels, support levels will keep this baby a float! Doesnt matter the news, the opportunity or the potential. This stock is dead money and I'm sitting on it. Its called paralysis by analysis. The more I research this stock the more frozen I am on the potential.
Sophisticated buyers see the potential.....if we were Warren Buffet we would keep buying knowing that great management decisions create a company by design, through extraordinary human effort. Those decisions ultimately determine a stocks value everytime. The stress and strain of moving averages, momentum, announcements, timing and waiting, intermidable waiting for those of us with less money to invest than Uncle Warren is necessary. I believe that this stock is a M&A target for all of its substantial JV partners. They are seeing the real potential first hand. What do you think they need to see to become buyers of the company? At this level, if they decide the potential is truly there, they will be discussing a buyout or at least investing more corporate $s. This is a truly disruptive technology for the next several decades. All their partnerships demonstrate the quality of this company ! ! Plan to leave some stock for your kids, and grandkids.
Potential is all you need, baby. I consistently make the suggestion that us longs go out and get smashed at a bar somewhere instead of watching this #$%$ stock do nothing. Payday is sometime this summer... or next.