The "failure" for volume follow through after the stock hit 14 cents in the face of a dog and pony show on the East Coast AND the fact that folks will be squaring positions running into the exercise of a hundred million oppies is causing weakness. Pulled the trigger on my entire postion. Had an excellent twelve month run from half a cent. IMHO TOX is an excellent stock BUT needs several months to "wash out" the effects of the oppies exercise. Was concerened that the recent promotional campaign and the Wilson's recommendation was met with a volume collapse. Other stocks currently offer more "sizzle" i.e. PRU drilling campaigns have gold coming out of its ears and will make it a target for the gold majors (IMHO) the oppies were available around 20 cents with 10 bagger potential. OBJ is also a very speculative biotech patch situation which was available for around 5 cents very recently and the chart looks like a moonshot with 5 to 10 bagger potential. TOX is rated at 18 cents by Wilson's for end of this year. Does anyone have the Wilson's Report?? What did it say??
The "failure" for volume follow through after the stock hit 14...
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