SUN Sports & Ent Inc (fka SUNR)

[Pro-Life]

If an innocent bystander is asked what they think based upon the evidence only, then your reply is usually an answer that is open and honest...

HF - can you check into this for me???... Sure, he says and gives me a couple of answers that are indicative of sentiment based upon technical appearances. Hence, we have a crappy PPS. I hate to hear it. I hate to see it. I hate to think about it. The crappy PPS is the painful truth and here is why -

1) FJ:

http://www.pinksheets.com/pink/quote/quote.jsp?symbol=sspe

and check the news. Also check their losses in their PK filings on the same site. EEEK!. They lose 3-4x earnings sometimes.

2) OK FJ -- Here's your SSPE.pk

Note: This includes data since 3/9/2007 and no news.

SSPE has the following techincal indicators/signals worthy of note:

- The timespan shows that Aroon Down is dominant. This is indicative of a downtrend occuring since the above date. There seems to be no sign of propping it up unless major news is released. Usually the Aroon + ADX is reliable for a PK -- and when taken together they show the Titanic.

- The TRIX(9) and TRIX(20) show the stock is underbought. (Some call this a bull indicator, but I don't buy it.) Although this agrees w/ the RSI being fairly low but stable, it disagrees w/ the oscilliating ACC/DIST line about zero. My guess is that people are buying, but not enough to quite cancel out the sellers. Also, the buys seem weak, so can one claim a strong interest?

- ADX nails the trend in this stock. According to ADX, the -DI (bear) indicator is undergoing a strong growth. This could explain why not enough people are buying the stock. Perhaps the psychology isn't all upbeat. Check the pinksheet reports (if any) and see why people seem down.

- ROC<0. This worries me since it implies little movement or drop. But this agrees w/ some of the above.

- TVI just hit -1,000,000. This is death. People don't want to trade it and daytraders seem not to be touching it. If you're a flipper, this is a problem. Look for increasing TVI for PK -- else you're toast unless you a damn good shorter.

- Volume seems to favor sells. You may be able to time the bottom by looking at the volume, but this predicts a dive in the ACC/DIST line.

- The UO is slowly climbing up. I am not sure why, but it is. Perhaps there was some short term buying to make it move, but the long term trend of the UO is to swing in (2,85) on average. It's not all that good of a predictor. Likewise %k, %D are a mess... Don't bother.

- NVI problem. NVI<<MA(NVI,200) indicates bear. I don't see any recovery w/ the NVI -- it's solidly going down unless someone really buys MASSIVE amounts of stock. Same issue with PVI.

Ideas:

Unless you have inside info, the Aroon+ADX says it all -- this is a technically dead stock. Put a fork in it, it's done. I play PK, but this is one I'd avoid. If you want some ideas in PK, take a look at:
http://www.otcqx.com/otcqx/securityList
these have the chance of getting to the OTCBB. Sorry FJ, I won't invest in this one!

But there is a chance this thing will do a dead cat bounce. Looking at the past shows a time where this stock had something of a following or excellent pps manipulation. I'd look for news on why this thing bombed in March -- and hard. If the cause could be fixed, then you get a dead cat. Run long-short during the dead-cat and then bail -- run like hell. Run as if your family needed you to run faster than light and become a taychon.

Another thing strikes me on this chart. For some reason, people jumped in late June 2007? Why? That may have been the bounce there. If so, then this the tail end before merger or self-delisting from PK.

Sorry FJ. Unless you got some PRIMO INFO that will land you in prison, I cannot recommend it.


To say that we need news is the greatest understatement that I can make at this time... News is the only thing that will turn this around... The lack of news has been killing the PPS... The silence has been frustrating, not just deafening, maddening, not just deafening...

But something big must be happening in the background. Bigger players are soaking up most of that selling - most but not all as the technical evidence demonstrates. In the meantime, the fundamentals remain the same. Titan, Cuban, CJ, Buckeye, Iknowpr.com, nobody. All of them are silent. Strangely, oddly.

Perhaps, there is a quiet period ahead of the announcements that must surely come... I am trying with all my might to get inside their heads - to put myself in their position - to change my paradigm. I believe that something huge is about to happen that cannot be discussed by anyone for legal reasons. Why else would an entire organization become so strangely quiet - even leaving the perception that we are being ignored?

The fundamentals tell me that nothing bad is going to happen. The silence speaks volumes about a major positive event on the horizon.

The preceeding has been nothing more than an opinion page. Handle this dissertation as you see fit in your unique circumstances.

I believe we have been in an extended FALSE TREND and I have placed my bets against it in the form of being an SSPE shareholder because I believe the fundamentals outweigh all concerns technically and in terms of communication - the lack of it. That is where I stand - may I now sit tight??? :)

I look forward to ALL of your replys and questions.

FuturesJackal