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Re: supadupa post# 16922

Sunday, 06/29/2008 8:18:22 PM

Sunday, June 29, 2008 8:18:22 PM

Post# of 19383
but... I would chalk up the recent downtrend to the overall downtrend in the market, nothing more. We saw some good volume about a week, 2 weeks ago, which did not materialize in a price increase. It should have. The indicators are up, showing it as OverSold. Since there is no reason for the price decrease, the only conclusion that can be drawn is that it is Oversold. The basic facts about uWink have not changed. It would appear that the speculators are not in this time. Maybe again because of the overall market conditions.

In actual fact, uWInk has faired fairly well compared to other stocks. For example, PTS (Canadian) is a fairly well-known promising hitech stock. It is down to 1.25 from 4.00 at Xmas. And there is no fundamental reason why. In fact, the earnings were up last report and will be still better this time. Just turned profitable. Conditions right now are such that it is better to simply sit on the sidelines and not be in at all. One thing about your post that you are alluding to is simply making too many decisions and trading too often.

I say give it some time to reflect the strength the indicators says it has.