where to next?, page-375

I feel that AC8 is dropping to the level where it could be a target of acquisition. It is now so far under the recent capital raising offer that one would wonder who is selling it apart from those who got squeezed out on margin call. The chart also shows the longest period of down trend before a pop up. Last time it popped up around 30% from the low of 64 before reversing again. I will be happy with 30% rise over the next 4-6 weeks It's sounds like wishful thinking. I will keep on buying more at every 5% drop until no one is willing to sell it. And often at this level, speculative stocks from companies that has a decent promise would jump 50%.