Avi, my friend, did you ever thank me for introducing you the stock ECIG? Which one you like the most; MCIG or ECIG?
Time will tell. Time is tomorrow . If you are right, new low is coming . If not
Down trend could start turn around here.
As expected price pull back to 50 MA ($5.3-5.5). Start to buy back shares
. Tomorrow is critical, uptrend could turn around if tomorrow is like today.
Someone said to sell a lot other stocks to buy MIFI at $5.90, hopefully it is just a plan.
Tomorrow should be better time to load, if price drop like today, you will have
Good bargain( good chance to sell soon with rebound). If price stabilize, then
Uptrend continue, let the trend be your friend.
Overall stock shows higher high, higher low. Bullish. Short term, I like to see SP pull back to 50 MA ( around $5.3-5.5) . MACD just has dead cross but MFI still in overbought territory. Health correction is good.
Money speaks loudly. Today's news
"Japan Tobacco to Acquire U.S. Electronic Cigarette Company Logic Technology Development
E-cigarette company has about a 20% market share in U.S. convenience stores
By TRIPP MICKLE
April 30, 2015 3:44 p.m. ET
Japan Tobacco Inc. said Thursday it has agreed to acquire independent U.S. electronic cigarette company Logic Technology Development LLC."
Seems you been with ONCE for a long time. I will keep cash wait for your 18 cents. The equal important question is what is up potential by end o this year, $.40, .50 or even $1.0+?
Or maybe be more dilution and probably RS, there isn't much UP to talk about?
It is not ugly day. It was up "a lot" and closed with green.
However, todays stock action probably not good for near future, if it close strong near day high, tht will suggest bottom is near. It did not. If it I " big" down day, that would be over sold, expect bounce up anytime. It is not.
So, this could just be a break and more down days ahead.
Who bought today at $5s? Start to accumulate ( again) from here. Today is 3rd day down , prepare for tomorrow better timing and cheaper price.
Hope after writing all these and release frustration, especially received six thumb up, you will feel little better.
BTW, " there isn't much lower ( .27) it could go...
Count on your believe, bought some near close price. You better be right. LOL