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Forum - Shadow Island    All Nyse, Nasdaq, Amex and Otcbb, no pinks please.

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From: 10x (Rep: 75) reply to the_stockaholicDate: 03/06/2010 19:07
Forum: Shadow Island - Msg #42Thread #672927292 (Rec: 0)
Re: what do you think? Im averaged in at .32 Without looking at the Feb 10q, and without
considering the recent report of a loss. Knowing that the slightest news can send these
sm. biopharma stocks to thier grave or to the moon,
Just looking quickly at the chart, On a daily time frame, it did dip below support of approx
.36 from months ago. Looks like a nice macd divergence has been setting up for a couple
months. I personally wouldn't be afraid to own it but the key is if it puts out enough pr's
to keep people interested and will it have good news in the future,
I don't think simple TA works real well at all on these under 1.00 stocks. To me it has less
volume than I like by quite a bit. So not much of an answer, but if you have knowledge that
it could have any good news coming, then it could spike nicely. You are in nicely on it's
most recent support level.

I have started a Forum, SHADOW ISLAND. Feel free to stop by and read about news and info you won't get from the main stream media. We trade ETF;s Gold and silver miners and small caps including otcbb, nyse, nasdaq, amex, Under 10.00 per share. Rules not firm. This is still America and we believe in freedom of
speech. No cursing please.

Reply to the_stockaholic - Msg #41 - 03/06/2010 17:13

what do you think? Im averaged in at .32
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