Dewmar International BMC Inc (DEWM)

[wiltonweather]

Clay Trader can spell doom or boom for a stock. Unfortunately, it's not his ability to read charts that moves a stock, it's his legion of followers who do whatever he says, regardless of whether or not the chart in itself indicates a movement one way or the other. AFTER DEWM took off in February, he came on board and analyzed the DEWM chart day after day. Than suddenly last week he highlighted DEWM again as a short, when in fact the chart indicated otherwise. As usual, his followers who know nothing about how the market works, simply did what he said and the stock fell off a cliff. It's one thing to be able to read and understand charts, it's quite another to influence thousands of people regardless of whether or not you know what you're talking about. He's one of the many on my ignore list.