Green Energy Enterprises Inc. (GYOG)

[Shaka_Zulu]

Great post. I am of the same mind set. I don't care at all about fundamentals or the story being sold. I only trade charts setups. Much of penny land is the same. Issue PRs only to dilute into them. Or increase the A/S. People forget that all pennies dilute because they are not revenue earning, so people should welcome dilution because it gives them capital to grow. Only thing to remember is when there is dilution there is a greater amount of shares at a certain level of when they were given, hence the strong resistance at .001, but many of the companies fail because they dilute to strong to rapidly and then R/S.

It's a game and people need to know how to trade and teach themselves about the characteristics associated with the OTC market. These companies are start ups. One should know most fail and risk tolerance and management are key.

The stock is more or less stable but a challenge to .001 is key. I realize it's summer, but it does not matter.

The only good thing is the sell at .006 was absorbed with ease and it brought in some more volume.

The company needs to issue PR to bring in more momo.

But I got my stop in as one of my rules I live by. Trend needs to continue to build as it is. But we need to see a weekly close at .0008 or .0009 or above.

Price is sitting above the 8ma and 21ma. That's good.

But we also need to see about another 100m for the week.