where is the bottom, page-21

Hello all

This stock is still in a down trend, but, the s/price, today, touched the "bottom of the channel it is trading in atm".imo

This stock is a classic example of why one should not buy a downtrending stock....It has moved down... through three channels(touching the bottom of the third channel today).... since the "last major high of .98c".

When one asks where is the "bottom" its impossible to pinpoint other than to look at buy points in the next "lower channel down" from here imo around .42c-.38c with the bottom of the channel around .34c.

Then the bottom of the next channel down is 23c.


It will take some sort of closure on the Legal proceedings to reverse this "down trend" or.... to halt/slow the slide in the share price, a short term positive announcement to create a spike in the s/price. imo.

This is no downramp. imo

Sm