Ultrack Systems Inc (MJLB)

[VST7]

If you Re-read my post, I said a "Pincher Play" IS FORMING, now how long have been been studying charts? I've been a chartist for close to 25 years, and one thing I have found 100% for sure, is that it is NOT an exact science, sometimes parameters don't always line up exactly...

Here is a great example, back in Dec. 2013 & Jan. 2014 the stock DEWM had formed a Pincher, the PPO & ADX were Pinching, BUT the RSI was in the upper 40s, so "Technically" it was not your cut & dry Pincher Play. I bet on it anyways and loaded (if I remember correct) approx 12-15Mil shares between .0005-.0008 and held it, the PPO & ADX remained Pinched for approx 3-4 weeks.

Then in early Feb. the company announced that they had paid off ALL their convertible Debt. suddenly the stock Roared. Over the next week or so, it ran from the Trips to the Mid .03s and I sold most of my shares between .01 and .033

MJLB is FORMING a Pincher and I know this stock is going to see a Massive bounce, but make your own decisions, I am not an Investment advisor...