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Re: elcheepo post# 9189

Saturday, 03/10/2007 8:12:13 PM

Saturday, March 10, 2007 8:12:13 PM

Post# of 14027
elcheepo, that's even more puzzling because Grifco's has been in a steady downtrend since it's existance. There are no indicators pointing to a bullish converganece or a trend reversal. IMO, it's futile to technically trade a pinsheet stock because 1. they are too unstable, and have a high Beta. 2. There are no significant institutional play to suppport the pps. 3. Pinks are unregulated, which for a lack of a better word, trade and operate lawlessly.