Thanks for the information funnyG986. That is useful information that I did not have. This is the communication that I am hoping for on this site. We all have talents to offer and if we 'work together' on some of these things we can make a real difference in the overall trading results for each one of us.
Positive or negative information on symbols that are posted is good to know.
Someone might say 'this one' or 'that one' is crap. It has 18 Billion OS, done 10 RS in 5 years, they lost their entire management a month ago, and are losing 5 lawsuits against them.
So what might be happening on a certain stock, is that the MM's have to be trading this one up in a 'technical trading range' to start selling the share that they have HAD TO BUY because 'Joe Public' has been dumping it hard. Does not mean there is not a few hundred percent to gain... just not a long term hold. And that is good to know.
I really do not have the time or resources to DD all the stocks that I am watching on a technical basis, but it would be nice to have others post what they have found on symbols that have been posted.
I used to comment on some technicals of some of the symbols that have been posted on the board, but I got the feeling that, at times, it was not well received because I did not see a 'positive picture' for price appreciation at those current levels, or the timing seemed to be off (Right price range...not going anywhere for a while).. of course all IMO.
Anyways, thanks for the information on this one and look forward to 'working together' to take what we can from the markets.
Good Luck,
SM
PS. Again good work on CE -- HD.
AI
