Hongchang International Company Ltd (HCIL)

[fatherofseven]

EDUCATED PREDICTIONS...

I'm relatively new to this arena... seeking to be an educated, disciplined investor. I'm ave'd in at .053... sold 1/3 of position at .07 today, wasn't sure if it was some short term, end-of-the-day exhuberance.

All we have from the release is indication of resolution "in principal." How much of their profitability depended upon the purported shady practices... and associations with Google?

Chart questions in interests of where this is going...
Between July 16- Nov. 18 fluctuated between .20 and .30...
Nov. 18 began selloff... falling to .05 on December 8... touching down at .05 around the time of Google news on December 9... and THEN STARTS TO INCH UP from .03-.05...

The S and R lines are all over the place...

So IN SHORT, WHERE IS THIS THING GOING if it was DOWN BEFORE Google news?