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Monday, July 07, 2014 10:42:49 PM
#1 .01-.017 is NOT 170% it is 70% and I am pretty sure it will drop the 40% it will need to return to the same downward spiral.
#2. The low is not .01 it is .0098 at the end of april.
#3 the historical reaction of a "golden cross" here is to have the PPS drop hard. Like I said. A golden cross is what happens when the PPS and volume forces the 50 day to move above the 200 day. A golden turd is when a 4 year down trend forces the 200 below the 50. One is great for shareholders. The other is pumped to suckers to try to get the bag holding into the newbies hands and out of the long term losers hands.
Lastly you should look at the charts motivation.
The only stimulation the PPS has had was the rumor of the web page getting back up. That was supposed to happen weeks ago and did not. The PPS climb correspond exactly to that rumor. Other than that rumor there is exactly nothing that would cause the PPS to climb even to .02. Forget .04 unless you happen to know that Scott is stepping down. That is about the only thing the market would react to now. Scotts constant fails and over expectations have burnt out the market.
The head fake that has happened over the last month or so was good for those smart enough to flip and take the profits but the volume just hasn't been there to make the risk worth it. Nobody is going to believe anything he says unless he says something without the forward looking statement.
What you want to call an uptrend is over and has been since mid june. This is now in a short term and long term downtrend.
This POS stock is a rip off to anyone foolish enough to buy it long term.
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