Monday, December 10, 2007 6:22:27 PM
** Controversial Charts: SHCM
(prefaced with "controversial", as these kind of posts are often met with vicious personal attacks, ridicule, and post deletions).
SHCM is stuck under the heavy weight of dilution/share conversion (or whatever the cause of the huge influx of shares into the float)...I estimated around 30 million at 0.012, and 20 million at 0.018. It couldn't get past 0.011 today. The outlook is sideways or down for several weeks, unless heavy volume comes in to lift it.
For believers...this one will be a long wait, no matter how many posts the SHCM board mods delete.
(prefaced with "controversial", as these kind of posts are often met with vicious personal attacks, ridicule, and post deletions).
SHCM is stuck under the heavy weight of dilution/share conversion (or whatever the cause of the huge influx of shares into the float)...I estimated around 30 million at 0.012, and 20 million at 0.018. It couldn't get past 0.011 today. The outlook is sideways or down for several weeks, unless heavy volume comes in to lift it.
For believers...this one will be a long wait, no matter how many posts the SHCM board mods delete.
Penny_TA's Technical Plays:
http://www.investorshub.com/boards/board.asp?board_id=7244
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