With the release of good news,the price goes down!
darthvader, Dude, you sound like one out of a million clueless traders who try and study a chart and fail at it all the time. It's refreshing to see someone like Desperata who's not. If I were you I'd keep your guessing to yourself.
"The weekly technicals I look at right now are showing on Monday it will trade sideways off of fridays price. Either stay at low 2's or at the most trade up to 2.15. After the open on monday I'll know if it will trade any higher than that. The price will trade in that range until the KDJ (overbought/oversold) signal shows the daily selling has dried up and done trading into extreme oversold."
Holy #$%$ he was right on point!. While being extremely informative and detailed in his explanation on how he saw that happening. Hi and low was 2.05 - 2.15 on Monday. While you say the stock is heading to $1.50. Not to say I take investment advice from random strangers on msg boards, but if did, I would pick him over you anyday!
If I were you I would #$%$ as you have no idea what you are talking about, I called the last bottom and move up dead on, and he has no idea what he is talking about. Clearly you are just some #$%$ looking for a fight.