beware of deadcat bounces, page-3

diedre,
I have to agree with you that LONG TERM, AGM look good. Probable increase in reserves, PON to probably climb again sometime in the 4th QTR 2007/ 1st QTR 2008 just as AGM are hopefully about to commence production. Right now, there are too many SELL recommendations from heavyweight brokers that will ensure any rallies in the price are sold into and the PON will probably hit $25,000 before it rallies on a sustained basis.
Still plenty of time to enter AGM. Now is not the time.
At a 50% retracement point, I will BUY.