Cherubim Interests Inc (CHIT)

[StockRocket]

enthalpy and ALL READ..VERY IMPORTANT: …indeed 98% TOTAL VALUE the company lost on a few $30k notes from Aug/Sept. in SUPER LOW Volume that just spiraled the price down from .10 to .002...IT was not till a few days ago when volume picked up…It was Wednesday afternoon that I confirmed with a "birdie" that note holder was done converting. And if you notice the chart and money flow, increase dramatically staring around midday Wednesday…Usually in many instances the same debtors connections that RAN it into a spiral, RUN it up to where it came from….Money flow and accumulation increased dramatically then as well starting midday wedneday when notes where all done…SO, this is where we are at now…CHIT is still DOWN 92% OF THE TOTAL VALUE OF THE COMPANY….and the run form .002 to .008 only accounted for about 6% GAIN from the bottom damage the notes had done…Yes the stock was up about 275-300% from the bottom….BUT YOU HAVE TO TAKE INTO ACCOUNT WHERE IT CAME FROM, HOW IT GOT THERE AND WHAT THE CIRCUMSTANCES BEHIND IT…AND WHAT THE NEW FLOAT IS ….SO…IN ESSENCE AND REALITY…THE COMPANY IS SITTING AT A 92% LOSS IN VALUE FROM A COUPLE $30K NOTES WHICH SPIRALED THE PPS IN VIRTUALLY NO VOLUME TILL THE LAST FEW DAYS….This is a an insane number for just an increase to about 25-50M shares in the float…


HERE LET ME EXPLAIN IT CRYSTAL CLEARER:

CHIT --> from .10 to .002 = 98% STOCK VALUE LOSS ON A COUPLE $30K NOTES THAT HAPPENEND IN TINY TINY VOLUME THAT SPIRALED THE PRICE OUT OF CONTOL TO THE DOWNSIDE.

NOW…FROM .002 TO .008 IS A ABOUT A 300% INCREASE IN PPS….BUT, ITS ONLY A RECOUP OF 6% OF THE TOTAL VALUE OF THE STOCK TO WHERE IT CAME FROM…CHIT IS STILL DOWN 92% FROM THE TOTAL VALUE OF THE STOCK.

Finally the RSI is 33.27 and won't even get warm at around 70 to about 3-4 cents…lol…The flipper and profit taker need to understand this cause it NOT your typical stock play…RARELY you see drop like 98% of the TOTAL VALUE OF THE STOCK OF THE COMPANY and on a float that started out at 867K and now around 50M. Finally, add in whats coming on announcements the recent news etc…and this is going to be a good run back up to where it started.


http://stockcharts.com/h-sc/ui?s=CHIT