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  1. UMC
    507 Posts.
    crazytime,

    I am looking at the sp in trading terms, i am a trader not an investor. i currently see the sp as "risky" if there is no real institutions buying at this point in time it will fall. Its first real support is $1.40 so if the big buyers stop i would not be suprised to see it at $1.40.
    Now there is a flipside to that if there is more big buying, the sp can rise to no limits, ( look at pes).
    But i think institutions are abit weary right now. if they can get the sp to fall ( normal trading fall) then they can buy in again at $1.40.

    Regards,

    UMC
 
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