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Re: jimbob4stocks post# 30445

Friday, 02/24/2017 1:30:31 PM

Friday, February 24, 2017 1:30:31 PM

Post# of 118360
The chart screamed this was oversold at .15, .12, .09, .06. and now .04. If you are flipping, then yes, you can make money. If you plan on holding this for any period of time the trend is down and down with no end in sight.

Also, charts are a horrible indicator to predict the future. Do they predict when the company will announce a r/s or any type of dilution? The answer is a resounding no. If you are flipping, good for you. I hope you make money. If you are holding long term, all I can say is good luck because if history is any guide, this will continue to find lower lows. IMO