Support Levels, page-505

Patong, hats off to you. I agree that trading TA is better for capital loss. In and out, no care in the world, and never open to wild stories from management. Have your stop loss in place before the trade and if it moves in a north direction raise that stop loss to lock in profits.

I believed $1.70 support would have held. Now that the share price has broken through to further weakness, next support at $1.20.

The last 7 trading days or so has seen the most damage done. The reason I say this, is no one on the planet besides in house day traders, have any idea what the hell has changed from a fundamental view, other than the company has no real earnings. This signed contract will change this forever

It does not matter now, how you cut the mustard? The bears are in total control, and having a great understanding of selling down to accumulate more shares at lower prices can backfire to the unexpected announcement.

If you are not in it for the 50% free tax on profits,
you better pray that the perennial melt down from within, exposing the adverse TA traders to the likely hood of weakness within the walls and subsequent rapid of loss outside the walls driving most loyal to the edge of darkness, while struggling to carry the dark passenger through life, only to see an announcement titled "Trading Halt" SMN shares will be in trading halt until the open for business in 3 days!

Subsequently, management after many long hours and taking phone call after phone call managed to come up with the goods. Mr Market, on the other hand has his own agenda and as the market fully digest this announcement, God was with the loyal servants, the true perennial masters who stayed loyal and reaped the opening price of $2.50 with all guns blazing like a true cowboy.

Never leave you horse to be taken by some numb skull.

Good Luck