Sunday, October 04, 2009 2:34:51 AM
Your post speak volumes. I'm not into charts like how I use to be quite a few years ago. I do think that charts should be used as a tool, but not considered the gospel.
EVRM is not a "we need news" play or a "chart" play. It is a "fundamental" play (for me) that is basically trading on its "potential" valuation versus its "actual" valuation.
Many have bought EVRM because of its "potential" as we know that "potential" is the number one reason why we all buy any stock whether we see it or not.
I have done enough due diligence (DD) to where I am very comfortable in waiting out the time for EVRM to make manifest the "potential" that we all believe will be brought to light. This is when we will begin to see some of the "actual" valuation that graduates EVRM to its next few levels.
v/r
Sterling
Sterling's Trading & Investing Strategies:
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