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Post# of 94785
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CSykes

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CSykes

Re: bUrRpPPP! post# 12581

Thursday, 11/19/2009 5:24:33 PM

Thursday, November 19, 2009 5:24:33 PM

Post# of 94785
Burp, just be careful, charts are completely useless when equity financing is taking place such as the case with MMRF, up to $8M worth of it according to the recently filed S-1. They are doing a type of "equity line" financing which is looked upon as toxic by most experienced investors.

The only time a chart is usable is when a company's stock issuance is static. I'm a technical trader too, but I take into account things like this and it is the reason I have been fairly successful.

Visit our #board-9884 and come make $$money$$ with us by trading and investing in Emerging Chinese Small Caps!

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