Candlestick looks really sexy right now. IF it closes around 2.80, this should start to attract some bottom feeders, especially if the market is up big tomorrow.
does this company have any credibilty left? is it still fundamentally sound for a spec position to hold for a year or more at thes levels would you think averaging down ( scale down every 25 cents or so ) might be worth it esp if there is some base forming in the weeks ahead below $1.50 or is this a company that every yr or few yrs has its spec run and then drifts down like other sub $5 penny stocks ? it did get added to one of the Russell indices recently
My style is buying on dips and beat up stocks. Bottom fish, etc. Buy rumor, sell news. I dumped this morning at $1.20. I freaked a little when it hit 1.00 yesterday but recovered today. A .05-.10 move is huge %. When I buy into momentum, it burns me most of the time.