Friday, April 18, 2014 11:07:45 PM
Is exactly right.
Sure, in penny stocks, sometimes charts can be unreliable. However, most penny stocks are for day traders. WNTR is no exception, but rarely do you actually find a pinky that has the potential WNTR does. With that being said I am insinuating that WNTR is a long, (for me). With that also being said, if you have confidence in your investment here, it's pretty simple, the $$$ will eventually come.
We are all adults here. Everyone trades differently, to their own avail as it should be. Almost no one makes a post saying, "It's time to sell." If the time arises , it is usually insinuated ie; "look at the chart", or some other indication that if you are a player, now may be the time to play.
I think Hippo's opinion, followed by chart documentation, should be commended, especially if you do not know how to read charts, or do not hold them in high regard. It is one of many opinions that should be at least, taken into consideration. Everyone should make their own decisions in trading. The chart does, (unfortunately) show that a dip is very possible. The MACD on the 6mo chart shows a downtrend, that the market usually, but not always, adheres to. The only thing combating the chart right now is knowing WNTR should be in the pennies, and that this sleeping giant may wake up at any time.
This does not mean you are not invested in a phenomenal pinky. It does tho, make a few stomachs weak, & also, (if you are in the business of taking some profits,) give you a very good indication this may be a good time to move with the market. You will most likely be just fine in the end if you don't make a single move now. However, it could be a good idea to some to try decrease their position a little while the charts say so, and increase their position when they perceive the charts says "now is the time". Quite honestly, it is just a smart thing to do if its done at the right time. What this can do is average down your pps, and ..... Well, make you gains in between the volatility, which no one should be opposed to. Also if you do make a move, as mentioned many times, if this is a long for you, keep you a core. You don't wanna be chasing WNTR after she has taken off. IMO, it's not a matter of if, but when.
There are some who are grateful for Hippos opinion, and the chart being pointed out as a reference. While there are others who simply don't want to hear this. Actually, it is nothing that any of us here want to hear, but technically , it is the truth. Also , we all know, the market is overall unpredictable , which is why most things posted are followed by the term IMO. It could very well go to its unaudited pps of .04 Monday, but IMO, it will not. There is a chance things can turn around, especially if we see all green days next week. We will just have to see.
Only reason I watch WNTR as much as I do, is because it presents several opportunities. I have a core I don't touch, and I accumulate more by taking a few chances.
IMO, Either way you ride this ride, it will inevitably line your pockets.
$$$[t] WNTR [/t]$$$
All my opinions are just that, opinions.
Recent HNRC News
- HOUSTON NATURAL RESOURCES CORP UPDATES SHAREHOLDERS • InvestorsHub NewsWire • 10/05/2023 11:14:08 AM
- Will Shares Pop on News of a 10% Acquisition of this Copper Miner? • AllPennyStocks.com • 08/14/2023 01:40:00 PM
- HNRC ACQUIRES 100% INTEREST IN CUNNINGHAM ENERGY LLC Increasing HNRC's Net Asset Value $3.35 Per Share • InvestorsHub NewsWire • 07/12/2023 11:17:53 AM
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM