I agree that the fact that someone is buying is not a reason to blindly follow. You may be right that this company is not viable. IMHO it's worth a nibble. The overall market is in a nasty slump. Geopolitical forces are dragging it down and it's likely to continue. The sharks smell blood. (sigh)
Good luck, all. I think we're going to need it.
New is obviously hostile to OSCI. I don't mind this because it counters my optomism that many times gets me in trouble. I wonder if she, assuming she realy is a she, is a clone of Tobi. They sound very much alike.
The main thing that keeps me involved in this ticker is that all the shares sold by the insiders have been snapped up by someone. I only own a few shares so I'm not concerned about a loss. Will buy more if things began looking up but don't expect much to happen befor fall.
<<It's obvious no one on this bd is a T/A guru who likes to give T/A opinions.. >>
TA is pretty useless with stocks selling at this level and volume. I use it but only as confirmation of fundi. decisions.
<<You must have confused Mexico with Monaco. Mexico is a large country with a huge population. >>
and bugs that have yet to be identified.
provided a slight lift. Probably get another down leg now. I still expect to be below 1.70 or 1.60 by the end of the week. Should bounce nicely from there.
I know just enough to be dangerous. (grin)
Entry: 1.97. More money there if it drops lower.
Maybe. There does seem to be a floor in that area and anything under 2.00 will look enticing to some. Still, my guess is the sharks will try to beat it down as close to the 120 day low as they can.
My goof was not to move my stop up last thursday. Was late getting on line and when I did it was too late. I watched for a while and then dumped this puppy from both accounts.
I'll watch it for a while and see how it goes. I'm thinking it may over shoot down below 1.60. Might get a move up tomorrow but it will probably be the dead cat bit when the naked shorts cover. If it does get down to 1.60 I'll stick a couple of toes in again.
Meanwhile I'll play in another sand box.
Good luck, all.
I'm thinking i should have sold yesterday. LOL
I was tempted to sell and buy more AVII.
I have to agree that there seems to be some criminal action here. I'd be angry but I long ago learned that retail investors have very little chance of beating the professional sharks. The game is rigged. The secret is to try to determine what the sharks are doing and stay one step ahead of them.
I'd bail out right now except that there seem to be a lot of buyers at this level. So I'll hold and see what happens.
Good luck all
Been breathing too much spar varnish today. Didn't notice the market was closed befor I sent that last post.
Good day. Need three more to break $3.00. Light a candle.
Today's volume is about twice the average daily volume. Price is moving up because the sellers are on vacation. (grin)
Sure like to see .20 today. Whooeee! I be in the black!