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Re: mc6102 post# 23920

Monday, 09/26/2016 2:26:47 PM

Monday, September 26, 2016 2:26:47 PM

Post# of 39360
Doesn't matter if the number is 212 or 312. It's the fact that most shareholders are BAGHOLDER WATCHERS NOT TRADERS.

Attitude is likely- "the stock is so low I might as well keep it and forget about it and maybe one day my kids will be rich".

If I am right then obviously RENKEN et al, WHO SHOULD BUT DO NOT FILE INSIDER REPORTS, are dumping stock.

Additionally, this is PRECISELY the reason CHARTS and TECHNICAL ANALYSIS are not applicable to this PIG.

I KNOW IT MAKES PEOPLE FEEL GOOD IF THE 'CHARTS' SUPPORT THEIR CONVICTION BUT IF YOU REALLY UNDERSTAND TA YOU KNOW ITS WORTHLESS.