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Tuesday, July 15, 2008 4:23:49 PM
When the pps goes up, everyone praises the chart gurus that predicted the increase. When the pps goes down, no one questions how they got it so wrong...
Folks, for the most part charts are irrelevant in the .000s. These stocks run on emotion and hype. Emotion and Hype generate volume, volume causes more people to turn their heads this way. A good looking chart is a by product, not the cause. Once people get bored and the hype goes away, the stock falls back to where it started. In the middle of all the hype (mostly caused by the company with many press releases) the company sells shares into the market. I believed that has happened here. This stock should have easily crossed .02, .03, .05 during its run. Dilution kept the price down. This will prove to have been the case when the new OS is announced.
Once again, I believe in this company and think it has huge potential; however, I also believe that many got on board a little too soon.
IMO
Briwadd
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