Seven Arts Entertainment Inc (SAPX)

[DD_dempsey]

With $SAPX-breakout appears imminent after last few sessions

After careful review of the SS- it appears that management was very accurate when they made clear that dilution was not occurring at that the selloff we saw early last week was simply RETAIL investors. Since then- we have now had 4 sessions showing a seemingly different story developing on the charts - with the potential for a strong move built on retail loading .0026-.004 pps.

Today- retail worked hard to keep this surpressed under .0031 VWAP -which usually is a sure signal of preloading. I imagine we will have one or two sessions where we break NORTH of that range with high buy volume and that will result in the move to HOY here. I feel patience will pay off here. I certainly would never sell here at the bottom of a channel built for 6 months now.