posted
FWIW, I am not in PBLS right now, but here is what I see in the charts...
1) She is extremely overbought and needs a correction, which is what we are now seeing 2) IMHO, we should see a 50% retrace from the runs high, which gives a good support at .026-.027ish (.055 divided by 2) 3) This pps support target also just so happens to correspond to the 50dma
This is a good stock people, don't get scared by this drop... What we see are the day traders jumping out taking a profit and moving on. When news comes again, it will move upward!
My goal is to free up some cash tomorrow, and put in a buy order for .027. It may hit, it may not.
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
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posted
I think PBLS just gave me the finger on the consolidation idea. I wish I had more $$ around .02. I would have bought so much more. Damnm you IFLB, you ate all my money...and PBLS gave it all back. Greedy IFLB!
-------------------- Not so "n00b" any more.
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quote:Originally posted by FatherOfTwo: FWIW, I am not in PBLS right now, but here is what I see in the charts...
1) She is extremely overbought and needs a correction, which is what we are now seeing 2) IMHO, we should see a 50% retrace from the runs high, which gives a good support at .026-.027ish (.055 divided by 2) 3) This pps support target also just so happens to correspond to the 50dma
This is a good stock people, don't get scared by this drop... What we see are the day traders jumping out taking a profit and moving on. When news comes again, it will move upward!
My goal is to free up some cash tomorrow, and put in a buy order for .027. It may hit, it may not.
Very well put, FOT. She was way overbought 2 days ago IMO. Looks like a healthy correction to me. Jeez, I hesitate to even call it a correction. Just healthy!
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posted
If anybody thinks you are still going to get this stock for .05 in Febuary after the form 10 comes out lol. If you have the money I suggest that you load the truck up now . IMHO
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quote:Originally posted by bond006: If anybody thinks you are still going to get this stock for .05 in Febuary after the form 10 comes out lol. If you have the money I suggest that you load the truck up now . IMHO
YUP! What bond said!
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run...
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