bearclaw51.. LOL PLEASE.. Put away your voodoo charts for a moment and just answer the question please. Forms of TA have been around since the 1960's. Quick, name me one trader who's now a billionaire from trading purely charts?
Stocks prices go up because they make money, which causes an increase in demand for the company's shares. This is what drives stocks foward.
All I want is a long to answer this question: Why should PLNI have been going up the past 2 years, without producing a single nickle in profit while continuing to increase supply of its stock (new shares), and while accumulating massive Debt to Cash ratios.
I own stock in 4 companies. I can answer this question for every single one of the stocks I own. Can you answer it for yours?
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