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Re: hopester post# 11650

Friday, 12/05/2014 4:21:15 PM

Friday, December 05, 2014 4:21:15 PM

Post# of 18493
Nothing for nothing, but charts are useless in penny land. What happens is idiots start spewing the chart crap and it becomes a self fulfilling prophecy. Trust me, if charts do not work 100% of the time, they don't work. The results are just chance. This chance being right tricks you into believing the charts. Penny stocks are all emotion and news. Why else do you think this stock just did what it did. There is nothing different in the fundamentals from when this stock was .72 to today. Nothing.

This guy Adam played a major part in taking this down....how? It's a self fulfilling prophecy when he says something. He has a bunch of shorters following him that attack stocks as soon as he puts out an article bashing his target. Same thing with clay trader. A bunch of people watch his videos and then will base their trades on the stupid chart data. So all of a sudden those levels actually do become resistance points because so many people are following the same method, hence it become a self fulfilling prophecy that leads you to think technical analysis really works in penny land.

You too hotspot. You claim to love this stock but are doing a damn good job of convincing people to sell. Damn, you must want all the shares for yourself or you are trying to lower the price. Not attacking you, just stating what it looks like from my point of view.
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