Thursday, January 05, 2017 1:12:36 PM
I was right and the stock is down 75% since.
I telegraphed that I was going to buy the 1st dip to low 3's and flip in one day on a whipsaw.
the stock did whip down to 003's and I bought and sold and raked chips.
2 days ago I said with a little volume we might get a pretty good blip to test .006 `the very next day got volume a little above the norm and .006 was tested.
yesterday I said anybody who bought in the last 12 trading days should sell by Friday
and today its down 10% with a bearish harami forming. it might still try to test 006 but I still say be out by Friday latest and take profits.
ill be waiting in the low 2's. the stock is worth what the stock is worth no matter what longs want to think. right now that means its worth less than 1/2 a cent. which currently in my opinion is overvalued based on their debt to asset ratio. in simple terms..
according to the financials SFOR has a negative networth of 4 to 1. or in even simpler terms... shareholders owe money.. thus declining stock prices we've seen since I started saying it 4 months ago. lots of unhappy people holding shares right now. that I can guarantee.
My name aint Buffet, im just some dude..
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