Is this just daytraders freeing up some money or is there some delay on permit news. Overall its been down over the past week or 2.
post #1 of 1648
12/21/05 at 5:06pm
Originally Posted by weatherbill
Once they have the permit possibly, will there be dilution to pay for building the vast gas storage???? If so, would that not make this dip????? Or will the news be so strong that any dilution would be eaten up by the potential or institutional investors????? I would think if so, there would be a slight dip, but then a massive rise..........I mean MASSIVE! Easily over $2 pretty quick, you think???? Any other speculation to add to this mates?????
Originally Posted by MindOverMarkets
I think 0.80 support will hold. It broke it a few times but with very low volume, so I think it will hold. I think MACD looks VERY bullish. I think it will break out VERY soon, and break above $1.00, where it will bounce between 1.00 and 1.20 where the permit will either make this stock, sending it to new highs, or break it, sending it to new lows.
GL TO ALL, MERRY XMAS, even though I'm Muslim, which is why I'm posting this late on Xmas eve, lol...