Forwardly Inc (FORW)

[theskeemer]

Wow...what a day. Nothing like a good dog fight. Vick...eat your heart out! LOL. I have been trying to catch up on reading posts, very interesting indeed.

My opinion for what it's worth is this: Sometimes technical analysis can be a self fullfilling prophecy because there are so many technical traders in pinki land.

I do not believe that MM's have that much power to walk down a price unless the volume stays low like it has been. From what
I can tell, when a good stock such as this trades sideways for a few days, buyers relax and put their buy order on the bid vs the ask. Some people get bored, frustrated, or discouraged and decide to sell to go make a play somewhere else and the buys get filled at bid. For this reason the PPS stays the same or drops slightly. As long as the company continues to perform and update current shareholders, we have no worry about the PPS dropping significantly throughout this cycle. Since there is not much volume or fluctuation in PPS, there will be many fence sitters and bidwhackers waiting for something to trigger a high volume day, then they all try to jump in at once and we will see an uptrend.

I feel much safer jumping in now, especially knowing that good news and progress is imminent. This requires a little trust in Watson and Kendra, in retrospect, they have given me every reason to put my trust in them.

Although I enjoy reading the TA's and all of the theories about intentional walkdown, I am not sure if I agree that it is a major force here. If there are powers that be trying to walk this down, then I am thrilled that they are not able to get much lower than a penny. Whichever theory to subscribe to here, it is obvious that there is some majore support at this level.

I am willing to sit here and watch this cycle play out for a few days knowing that I have purchased my ticket to ride already and will not have to chase this up. No worries here.

I appreciate most of the arguements here for one good reason, It keeps the post numbers high and we remain visible.

I did see that comeonnow seems to be on board now...perhaps you got your price for re-entry. If so then Congratz, welcome back, and enjoy the ride.

Last but not least, Namey...I don't know you but my thoughts will be with you throughout your personal trial...GOD BLESS!