OMR..yes,I know they don't go up in a straight line,but you are wrong with your comment. I didn't get hyped up along the way because I know how some posters continually ramp this stock and I certainly didn'y buy anywhere near the top in the $1.6o's even though some posters made ridiculous comments like "bargain at $1.60". I have ever only had 1 trading loss on this stock so it's been good to me.
Will not be buying back in until things improve which could take some time.
When sp was at it's top and everyone was going overboard with hype,that was the time to get out.
When sp started to go southwards,I mentioned at the time that it could go down closer to $1 and a few lovers of this stock had a laugh,Well,it wasn't far off at $1.12 or did it go lower than that,can't remember.
Think they will have to prove up reserves and earn a bit of credibility before sp really takes off again.
Sometimes,the market is the best judge and as the saying goes,"a share is only worth what a buyer is willing to pay for it ".
I do get a laugh at times when the chartists/soothsayers come out with their bold predictions. Never works for them when a not so good report is announced.
Personally,I look to the fundamentals of a company and try and follow the trends.brucey
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