Ignis Petroleum Group (IGPG)

[cottonmather]

My IGPG charts have yielded nearly a triple in recent days and a current position averaged at .0037. Not applying a proven logic or method is nonsense.

Fibonnaci is a mathematician whose work is professed in many universities today and many contemporaries have written books about his efforts and how they apply to markets. Applications of his work has been demonstrated in stocks, and IGPG will be no different.

Creating a new chart will disregard a base to build and will be meaningless for IGPG.

Having been counting the Fib numbers one could have gotten IGPG at or very near the low of today and still be long at the high of the day; ie, .005/.0055 and .007

Be careful. Having Cornell or whoever back away is not for shareholder benefit. Believing it is can prove expensive. The stock may spike, but it is not for most to reap. It is for the few who can see the undercurrents..... Like in a complete and full chart. Ask pennyta. He'll tell ya.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893