China Yida Holdings (CNYD)

[temp luvs amy]

I don't see it as a bottom, but I see it as an opportunity. Probably one that I missed. I am going to see if I can find some pennies in my piggy bank, and then see if they will let me have any shares.

The filings are a curious piece of work. They seem to be saying that everyone will get paid. It makes me think that the whole idea of filing is to clear the books of contingent liabilities and maybe break a lease or a contract. I am puzzled, and uncertainty isn't my favorite color. Maybe it has something to do with Denis? We haven't heard much from him since Jock came into the picture.

The chart looks like it might have set up a bear trap. Accumulation and money flow are way too positive, but the negative mo indicators are dampening my enthusiasm. I might wait for the turn, and leave the really cheap ones for the proud, the brave, and the crooked MM's. My job isn't leaving me a lot of time for money transfers.