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Re: PrimeTrader post# 3189

Sunday, 12/09/2007 8:58:07 PM

Sunday, December 09, 2007 8:58:07 PM

Post# of 11478
Scorry let me make this very clear once again. Nobody is blaming the market dynamics on ST, what is being posted is all of ST's advice of buying because the stock is way oversold.
As mentioned many times, technically this stock is broke. It broke down at the 4.80 went into a consolidation pattern and broke down under 1.80 again.
Any elementary TA person will tell you this. for ST to speak of NNRI in a positive manner using the charts is just plain wrong.
If ST states that this is a long term hold blah blah blah, then do not use charts when it is conveniant to do so.

Scorry how many times in the last two or three months has ST stated that it was only a matter of time before this POS moves up.

I personally find ST to be ingenious (IMHO).

In plain TA talk this stock is broke and I personally could not see anything positive about it until it hits over 1.80 with volume.