Hemi has certainly comfounded the "professional" stock sites. Even American Bulls is blowing calls.
HEMI ENERGY GROUP INC Daily Commentary
Our system posted a WAIT today. The previous SELL recommendation was issued on 02.07.2007 (5) days ago, when the stock price was 0.3100. Since then HMGP has gained 35.48% .
The tag stays at WAIT. However, the market continues to go up since the previous SELL signal. The patterns were not agile enough to recognize the bullish move.
You can either wait for the next signal or you may join the bullish crowd. The decision is up to you.
Short sales are not advised given the current bullish momentum though our signals are currently neutral about this issue.
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