pmac083,
If you're short term player and if you have an order sitting at 0.215 and if it gets hit it could turn out to be very bad for you in the short term.
For us long term holders we'll just hold and ride it up a bit, down a bit, then up a bit but eventually we'll ride it back up to where the sp ought to be.
36c is way way short of where the sp ought to be. The decline from $2 to 7c means a 38% fib retrace should bring it back up to at least 81c. A 62% fib retrace should bring it back up to $1.26.
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pmac083,If you're short term player and if you have an order...
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