breakout....i think, page-5

On the contrary Megagem, I see at least $2 of value here, but I'm not into buying stocks that go down.

Once the trend reversal is in place I buy and average up, not down. I dont mind missing the first 10c if I think there is another 190c to go!!

This stock has been tanking for a year and buying on the way down would have been like trying to catch a falling dagger.

Like I said earlier, the 100day ma has been breached but not convincingly yet. I would either like to see a volume spike or at least a few closes above the average or both preferably...pedantic, I know, but the value is very deep here and its worth getting it right...