Namliong SkyCosmos Inc (NLSC)

[CLK]

This point may seem so obvious that it hardly needs saying, but when a stock is so tight and trading is so thin, price movements can and usually are wild with virtually no significant volume. So a move to 6 and back to 2 does not mean anything other than someone bought a little and someone sold a little, and while there are not always buyers, there are always sellers. How much these buyers and sellers "know" is pure speculation. Those familiar with Michael Oliver's work know that momentum is more important than price in predicting outcomes, and YouTube has excellent up to date introduction videos from many sources on this. The volume is so small that momentum cannot yet be calculated, at least that is how it would seem to me at this point. However momentum changes anticipate price action. Based on our model of the situation the price move from 3 cents to dollars makes sense based on probable outcomes. Part of the fun of these boards is just posting and discussion, so if there is a point of discussion it will likely show up and be discussed. This post fits in with that scenario. My "take" on this remains that this one has a high likelihood of paying off handsomely, and it is only a matter of how handsomely. Could it completely collapse? Of course, but it seems highly unlikely. Patience has been the key, and remains so.