Sorry guys, just catching up this morning to what happened yesterday afternoon and overnight. Been out dealing with snowpocalypse here, crazy stuff, funny stuff watching the emotion of people over a significant snow storm, lots of panic. Kinda like yesterday on this stock, but overall it was the market as a whole, lots of panic. I read some replies and I cannot believe the ignorance of the major influence factors, but then I think about it, some people really believe this forum is the center of this stock. I would say a meager 10% of investors in this stock read this board.
Weird how the stock drops off and correlates with yesterdays heavy selling on the big boards. Yes the emotion of investors as a group spills over to even penny land whether you know it or not. I was telling Steve earlier this week the retracement on this stock was sitting well and not likely to dip below .012, even according to FIBs. But as you can see even charting cannot predict a swift change of emotion. That is why I have always stayed with my belief that TA is only a tiny portion of investing if you are a long term investor. It is great for short term players if you know how to use it and can gauge sentiment well. Throw in some knowledge of that particular stock and it can be very dangerous.
Coincidently the stock returned with buying in the afternoon much like the market did right at 3:00pm, and nearly closed the week at even, meaning no gain, no loss for the trading week. Pessimism is easier to spread across the room, because doubt is much easier to believe and spin. Take note to the PR yesterday, I am surprised some people believe this is insignificant, open your eyes people this is a major system coming together. That 1gen PBR was a Lego block set of common parts for testing. That pad which was confirmed also yesterday by a local shareholder is a key component in maintaining stability and achieving high efficiency in BEHLs system. Not to mention the overtones of how integrated BEHL and RWE are becoming here.
I said this a couple of weeks ago to other posters privately that I think these two are going to merge, then we get a PR last week saying a new company being formed, think about here. You have a concerted effort to go to OTCBB, you now one company has made it clear it wants to go public and will not trade on the PINKS. You have another company that does not want to trade on the PINKS and has been looking to OTCBB. Both companies are working on audited financials, both companies are integrating their technology, both companies are talking the same talk. Can a CEO tell you that a merger is eminent privately? No…..
The reports posted on this board were phenomenal yesterday, I highly recommend other poster to review this articles posted about RWE. Finding that other company yesterday that appears to be a VAR just confirms that there is things a lot of us do not know. Like I have always taught in leadership, everyday is a training day, you will learn something new everyday whether you know it or not. Do some DD this weekend on what was posted on Friday, even the PR and understand the significance of this new part that none of us knew about and why it is important in the future of BEHL.
