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Re: tmonkey post# 12018

Friday, 11/21/2014 6:14:48 PM

Friday, November 21, 2014 6:14:48 PM

Post# of 34829
This happens at all listed non-revenue-pennystock. I am not astinished - I would even wonder much more if Plandai ever goes over 1.5 again.
But for trader this is a useable stock...volatility within weeks and months which helpd to get in and out again and again. Unfortunately nothing for serious shareholder.
Ifchart technique would be useable here - which it isn't at all - I would said: Wait for real signals before getting in for a hold. But unfortunately there are no chart signals. So, as always - high risk with the chance to get out without too much losses ( excluded those who got in above 2.00 frown...)

PS. I also could be wrong: My interpretation currently: sell-signal as we are below .35 again with a down trend again. Not to forget - it is just end of November - still a looong time till any revenues. Could get unpelasant before christmas when some sell for taking out their money as well as for tax reasons at every years end.