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momotrader

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momotrader

Re: None

Saturday, 07/19/2014 1:31:56 PM

Saturday, July 19, 2014 1:31:56 PM

Post# of 58070
Dilution yes, but this chart is set to pop 200%

Cant fight the tape. Long term, I cant see the dilutive finance issue getting resolved. But technically speaking, this chart is set to pop 200% soon. The tape has changed and the price is severely repressed.

If you are a short term trader, this is a great play in the next 1-2 weeks. Stay nimble, it will be quick though. Dilution will come back into the fold and it will track down again.

Enjoy the pop though. It should be EXCELLENT.
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