Heres what I posted back on(23/11/2009)and I doubt that technical traders will turn this stock around (Hope I'm wrong)
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Post 4767894 - 23/11/2009
"Looks like the down trend continues and if we get full on in the Courts then. Who knows!
As for the share price atm once it moved into this channel and did not hold above the top (58c) then its usual for a s/p to move to the bottom of a channel which is a way off from the 58c.imo
If imo a full on Court battle happens then the s/p wont hold at the "bottom of this channel which is around 46-47"."
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SO Today, it(Share/price) just touched the bottom of the price range/channel that its in ........imo
If it turns from here it will need positive news to sustain it......imo
Only thing I can say is its closer to the bottom than the top!
Good luck all
Sm
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