On4 Communications Inc (ONCI)

[price_and_volume]

"You CANNOT DO DD on UN-verifiable financials."

Just to finish that thought:

Stocks w/ unverified financials, AND stocks w/ VERIFIED financials that are losing money CAN AND DO GO UP. They can have monster runs, based on hype & hope.

You can trade successfully all sorts of stocks, regardless of their sketchy financial reporting or current business prospects. Many do.

Stock prices respond to supply and demand. My arguments re ONCI, made repeatedly on this board:

1. Believe nobody who claims 'inside knowledge' - they may not be lying, just passing on somebody else's lies.
2. You can't perform real DD on un-audited financials. You JUST CAN'T.
3. doesn't mean ONCI can't have runs, sure it can
4. if you understand 1 & 2, and you want to take advantage of 3 then wait for ANY SIGN of a run occurring. THEN pile on, and have an immediate plan to scale out as it moves in your favor, or cut & run before the bastards take too much of your hard-earned money.

Or 'just slap the ask' and 'buy more here at the cheap' while 'confidence is at an all time high!' and hope for the best, because 'christmas is coming soon!'