Grapefruit USA Inc (GPFT)

[bgraichen]

Thanks for the chart update, but is it really worth the effort? (madtig6, this is not directed at you, but rather chart predictions in general) I've been reading charts for a while and I just don't feel that anyone can predict a stock price buy looking at a chart. I am aware of AB, but their performance is delayed a day, so don't go there if you were thinking of it.

There have been candlestick hammers and oversold indications before for IMGG, and this thing has just been steadily heading into the abyss. Seriously though, do these charts really mean anything except what HAS happened, not what WILL happen? Would you bet your life savings on "indicates trend reversal" or "needs confirmation first"? I think predicting the future based on chart history is BS.

Here's a prediction, this stock is going to go up or down really fast when the FDA news comes out. Let's hope it's up.

If anyone can make a chart that would predict positive or negative news dates, that would be a major effing indicator! Ha! It's not a bad idea though...hmmmm? I think it would also be cool to have a Message Board indicator like a red or green light. How do the bloggers feel? Positive or Negative?

Sorry, kind of a long rant. Let's go NEWS! Boo charts! Booyah IMGG!

Ha!