Tuesday, February 3, 2009

EESO - Gotta Know When To Fold Em

EESO has posted another miraculous rally. The stock has run from triple zeros again well into the pennies to close the Tuesday session at $.017 just off the high of the day. If you are holding EESO now is the time to be thinking about heading for the exits.

The chart is screaming momentum, but it won't be long before EESO is back down below $.001 a share. That much is a given. The only question left is how much of a profit will you be left with when this stock starts to crumble. This isn't bashing, its fact. EESO's share price will crumble and the only thing holding it up will be investors who bought in at $.01 and above wanting to average down.

EESO could surge to new highs, but that is unlikely. Just like we call the bottoms we are calling a top. The buck stops here.

Happy trails.

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