SOOOOOOooo charlie...
Better info...?
The ONLY info that I have is what is already known here, fundamentally, is through the public filings and news reports
that we have all see, time and time again.
The only edge that I MIGHT have over anyone else are two
things, the technical tools that I have at my disposal and
the expeience that I have through years of trading not just
THIS STOCK but the entire market that it trades in....
The FUNDAMENTALS that come from the VERY LAST 10q filing
shows ME that this company is only worth .04 on paper.
IF you can show me where I'm wrong in my math...feel free
to show me your numbers. As I said the other day, I didn't
crunch those numbers as hard as a pro might, so I gave them
the benefit of the doubt, with regards to the potential income
they will get from this last pipeline deal, something the
MARKET PLACE RARELY DOES...and gave them a price of .11.
For TWO reasons really...one...that's what it was worth on
the last filing and they've made more money but have also
burned a LOT MORE SHARES (which accounts for the .04 fig.).
The other reason is that I'm showing some VERY STRONG resistance, TECHNICALLY, @ .1059 and then again @ .0795.
If I had to pick a NEW entry level positon NOW...I'd have
to START @ .095, DESPITE the EXCELLENT TRADING that went on
today...what DID you see that you didn't like, by the way ?
....besides a plumeting share price...something that MOMENTUM had been dictating for weeks now ? A nice doji formed today,
which is GOOD for you LONGS...it indicates that the MOMO that
has been driving this DOWN is running out of steam...with the
LOD (low of day)@ .1256, it looks like if this IS the bottom,
then I was a WHOLE FREEKIN PENNY AND A HALF OFF !!!!!
THROW ME UNDER THE BUS !!!!
(or didn't you read enough to see my PENNY OR TWO on EITHER
end this kind of trade on one of my LAST longwinded post ?)
ON THE OTHER HAND...that doji requires CONFRIMATION before
any serious buying should take place. The fib. going back to
the LOW in MAY to the HIGH in Aug. shows the 61% resistance line TOTALLY
broke down this week...the 100% retracement is ANYTHING but a
sure thing, however,...it's a very good possibility @ .09.
If you want my ACTUAL feelings about it ALL right now...in
this FEAR driven marketplace and the RAPIDLY declining price
of crude, I'd be willing to bet EVEN MONEY that this company
will trade at it's actual VALUATION of .04 LONG before you
get paid off for your attempt to average down..one that net you your
current position of .19. (now a .07 LOSS on how many shares ?)
With all due respect Mr. Tuna, I don't care how the tuna taste,
if I can make enough money puttin it in a CAN !
This stock has REALLY HURT me in the past, for all my trading, I've barely made it worth all the effort AND in
GETTING OUT when I did on the last time around at EVEN MONEY, it looks to ME like MY info is payin ME much better than YOUR
info has been payin YOU !
catman...ISYA
PS...If my straightforward manner of giving you the most honest
answer to your post, as I can possiblily muster, has OFFENDED
you,in any way, rest assured it was never my intention to do so, however, don't confuse this concern with any carring, one
way or another, about HOW I feel about what you think of my
point of view...one way or the other.
Is that clear as can be ?
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHAHAHHAHAHAHAHHAHAHH
PS..."take my advice, don't listen to me."
Vana Catman fondles his mellons...
