Saturday, March 24, 2007 9:46:23 AM
EDIT: Optionable, Inc
penny, sorry i am just catching up with your posts.
I will tell you that this tactic has been tried and tried. i promise you that it does not work. i repeat, it does not work. there are always shares available and a retail entry of GTC at 50 bucks will not do anything but keep you from making decisions about your investment. Do not try to trick or catch shorts because it does not work.
Now, i don't know ANYTHING about -OPBL-, but i do know about the message board tactics that everyone tries that do not work. i promise you.
now, lets look at a chart>>>>>
You see, the MACD has turned down under zero, but it is a healthy MACD line when indicates that it should follow its pattern and turn up in the coming weeks. Also, you can see that the Money Flow line is in the negative currently, which suggests to me, that you caught it when many were buying, and now that enough buys occured, and many want to sell for profit, they did. So, there are currently more sells than buys.
Just looking at the chart, and NOT trying to follow the storyline, the stock looks healthy, and just seems to be trading normally.....again, I do not know the story, and for your sake, being a friend of mine, I will try to understand what the company is all about and see if any Red Flags stand out. But again, chart only, doesn't seem fishy.
Understand, you bought it when everyone liked it, now those that liked it before you and those that caught the February rise in PPS are now selling. If this company is a "normal" company, it will rebound again....
EDIT: The fact that this DID close above the 50 day MA (6.25) is a good thing...close price at 6.31. Good luck my friend.
Dan
penny, sorry i am just catching up with your posts.
I will tell you that this tactic has been tried and tried. i promise you that it does not work. i repeat, it does not work. there are always shares available and a retail entry of GTC at 50 bucks will not do anything but keep you from making decisions about your investment. Do not try to trick or catch shorts because it does not work.
Now, i don't know ANYTHING about -OPBL-, but i do know about the message board tactics that everyone tries that do not work. i promise you.
now, lets look at a chart>>>>>
You see, the MACD has turned down under zero, but it is a healthy MACD line when indicates that it should follow its pattern and turn up in the coming weeks. Also, you can see that the Money Flow line is in the negative currently, which suggests to me, that you caught it when many were buying, and now that enough buys occured, and many want to sell for profit, they did. So, there are currently more sells than buys.
Just looking at the chart, and NOT trying to follow the storyline, the stock looks healthy, and just seems to be trading normally.....again, I do not know the story, and for your sake, being a friend of mine, I will try to understand what the company is all about and see if any Red Flags stand out. But again, chart only, doesn't seem fishy.
Understand, you bought it when everyone liked it, now those that liked it before you and those that caught the February rise in PPS are now selling. If this company is a "normal" company, it will rebound again....
EDIT: The fact that this DID close above the 50 day MA (6.25) is a good thing...close price at 6.31. Good luck my friend.
Dan
Is this a good Stock?
Anything I say in the post above is my OPINION only. (Ne buvez pas l'kool-aide.)...and don't be a MARKEY.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
