InvestorsHub Logo
Followers 171
Posts 4222
Boards Moderated 0
Alias Born 10/16/2006

Re: blademan post# 2379

Wednesday, 05/05/2010 11:52:41 AM

Wednesday, May 05, 2010 11:52:41 AM

Post# of 66419
blademan "Capt, you ever read a chart? Pinks are chart plays and this one is screamin buy! You're right, I don't care if this is a paddle boat! This one is ready to pop. I'm no pumper, just a chart and Share structure player"

Actually, you ARE a pumper. You and the rest of the new guys that just came onto this board are trying to stir up some interest, and hopefully get some others to buying. Then you will sell (Dump) and move on. It happened just last month on DPBE, and it failed there. It will fail here too. the reason it will fail is that no one is real excited about the stock. IN a normal pump, you get others that were bullish already to get excited, they continue the buys you guys started and then it goes up beyond your purchase price. Then you sell, and the bagholders are left with the stock.

Here, there is no real interest. The board is significantly negative, the bullsa re not buying more because they are concerned over the lack of work being donw by anyone in the company, and therefore, IMO, no one will bite, so I don't think it will do what you want. I'm being honest here.

As for the chart showing a screaming buy - you and I both know that is not true. When a stock hits a new 52 week and new all time low, that is not a bottoming pattern. that is a break of suport and it normally goes down from there. A new 52 week low is a charting SELL signal. Until you see a REAL bottoming, based on the new lower support, you can't say the chart is a buy. You rae just saying that and using some jargon to support the pump. Which is fine, IF the supporter werew here onthe board to get excited. Agian, they are not, so here I think it is going ot fail. And the stock HAS done the above mentioned dropping for the past month. It's hit new lows, gone down, and continued down. there is no J pattern here, as new lows were JUST set. Instead of a J pattern it is a K pattern. As in falling KKKKnife pattern. You are asking people to catch a falling knife. At times, expecially in pinks, it WORKS for you. You get it low, you get others into buying it, and you make a profit. I understand the game. I don't like it, but I understand it. But I'm telling you that this one is not primed for a P&D. Not enough positive excitement, not enough buyers, and too many that know the truth and will kill your rallies.

You see a penny soon? Not probably going to happen. No resistance on level 2 until 2 cents? Also not true, as level 2 shows the lowest ask from each MM, and many of them are stacked with bids from within, so if they were filled on their first ask the ask would not move up to the next MM, but instead move up on the same MM to their next lowest ask. that doesn't show on level 2, and is a problem when you are looking so high on the scale and thinking that there are no other infills from the same MMs.

I hope that makes sense and you see what i am saying. This pig won't fly, and although I know you and I are not talking about the company per se, I'm saying that even as a P&D this stock is probably NOT going to do what you and the other guys are looking for.

IMHO. Which was right on DPBE when it started there, and I feel pretty good about it here too. smile