MedSmart Group Inc (MSGP)

[warrenbuffetjr]

SSWC is looking like a rough gem in the hands of a highly skilled lapidary. I am feeling real bullish here for many reasons.

It has been a about a week since news was released and there are some interesting chart observations to note. The big one I see is the similarity in vol from Jun 9th when SSWC made a bullish move from .0015 to .005 over two days. I can see by comparing the lows from Thurs and Friday .0007 and .0010 respectively that we are trending towards higher lows. But because news didn't come in as some expected on Friday we are also seeing lower highs.

This trend will be smacked out of whack by a nice Doc Martin news story. Especially if Ken puts the actual dollar figures that Alain makes off of his patents--most of which are sold in EVERY SINGLE department store in America. As most Di-hard SSWC longs know, Ken and Dr. Martin are now partners in kind-- working on another high profile product.Which even dumbarses like myself can see being quickly put on thousands of shelves right next to the other rash of product$$$$$$$$$.

As for technicals, SSWC is trading within its bands so this is good-or normal-whichever way you look at it. I am seeing nice stochastic action which is also bullish. There were profit takers on Friday (plus disappointed Day players--who didn't get their PR and sold).

However, the volume of sell off was less than 8% of the buying action on Thursday the 15th, which is clearly why the pps remained flat. Which brings me to another point SSWC is trending sideways which tells me A LOT of traders are holding for good PR's--even most of the day players. In addition, the last time the RSI was moving sideways below fifty was a 12 day catch of 400% gains with the rally on June 1st, which did not stop until it racked up a nearly 800% gains.

Just add water and a little news and this bad boy is going cause heart attacks--which means your kids will get the house, your dog and your beloved portfolio!

So, if news comes in tomorrow morning just take slow deep breaths and keep an AED handy! This chart will likely interest MORE savvy money and MAY rally without news but with it, we are heading to new highs! Yup, I'm talking pennyland my friends, just like my most recent pennyland play's--STHG & GOIG.

Happy Money Making...


HERETOFORE is my opinion--nothing more nothing less.