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Re: work-n-hard post# 45570

Saturday, 07/22/2017 4:01:47 PM

Saturday, July 22, 2017 4:01:47 PM

Post# of 73680
Yes, but you have to consider the base value. I would approximate it to be based at .01 now where at 6 months go it was based at .007. So as far as I am concerned we jumped up 40 percent. Basing is important to both long term investors and swingers. Since I approximate this at 0.01, if it were to dip to 0.008 ever again without any bad news what soever I would say load up whether long or for a swing trade. However, and most people do this, is they see it go up to 0.015 lets say, then they load up and get pissed off when it drops back down to it's base, currently 0.01. I am so confident in this over time. Just a little patience. I do play swing trades on some stocks, but this isn't one. However if it dips to 0.006, I will buy more for swing trading. Just to verify that the stock is based take a look at the buy/sell volume chart over 1,2, and 3 months. You can see that there is equal amounts of blue and red.
To explain stock basing for those not familiar, this is a good short article on:

http://www.investopedia.com/terms/b/basing.asp?lgl=rira-baseline-vertical

Good news is coming at I expect to see a base of over 3 cents. Go BIEI $$$$$