dropping down to four, page-7

I wouldn't be surprised if we see $4 break today, and if it does I'll be pyramiding Short.

The US has stalled, Euro problem has worstened, another down day today on some quite bad news. Crash is on it's way IMO.

I don't think tomorrows GDP figures are going to make all that much difference, purely increased by mining sector, retail and manufacturing are screwed. Might make prices go up for a day but that's not going to be enough against the impact of the worldwide issues.

Only possible saving grace might be QE3 in a few weeks, if it happens, but the QEs are making less and less of a difference. Not that I think this stock will stay above $4 for 3 weeks.

Why on earth anyone would think of buying this stock if it breaks the $4 resistance line is beyond me. That's like trying to run in the opposite direction to the stampede. Any buying pressure below $4 should be seen as an opportunity to get the hell out (or for Shorters to short more).

Yes, it is obviously in my best interests for you to listen to my thoughts (because I'm Short this stock), but I've been in your position before when I was less educated and experienced. I wish somebody had opened my eyes, but alas, most people on here know SFA about trading and always have pie in the sky dreams of how well their stock will perform on a some magical announcement but close their eyes to the reality.

What is important is NOW, not what might happen at some undertermined time in the future that will affect it by an undetermined amount.

I see many other stocks saying pretty much the same thing that everyone here is saying on this stock.. quite interesting isn't it.