This is like watching gas prices. - When gas gets to $4.00 per gallon we all think it is expensive - When it goes down to $3.00 per gallon we are all happy - BUT it is still over priced. - Then the market takes over. = $2.00 per gallon. - After $.41 per share $.25 looks very cheap - BUT is it? - Maybe so - but be careful and keep your eyes open and your powder dry for other potential dips.
I still hold half of my original shares - but I am glad I locked in profits @.14 - 15 . 21. .39 and most recently @ .41 - if it jumps back up great - I am playing with the house money now. - If it goes down some more I might begin to accumulate again. - The stock is still priced way above an investment valuation. - It is in the speculative trade range now and might go up more - or go down. - The fact that volume remains so high says it's in the hands of traders (and possibly manipulators) now. - careful - Do your own diligence - and good luck to all.
It does seem like the valuation has gotten far ahead of the price doesn't it..... BUT if you want to speculate this may be the place to play.
The beta has gotten way out of control here. -time to let the smoke clear before making a move one way or another.
We will see how long this "dip" last. I am glad I sold a portion of my position yesterday @ $.39 and $.41. If It dips further I will consider getting back in with part of the proceeds.