i particularly like how some aspects are ok here but don't *translate* elsewhere
Having compared the two, one is using shares to fund operations with massive dilution, while the other is awaiting "guaranteed" income from a "deal"/LOU
As a trader, the dilution makes one a huge flip stock with the worry of a R/S at any time - simply FLIP IT
On this one, not an easy flip with 2 million shares for $200 but i must watch the chart like I would a higher pps stock and follow the trading channels
ETNL -
Going back several months you can see that even though they have diluted 30-40 million shares the chart trades in a channel (sharks like channels, ref water as well)
draw a pivot line between .0045 and .005 from Nov 09 through today - huge head and shoulders - tight shares - doubt it goes down with the latest news so I see a frenzy coming
buy below .005 several places, sell above it for the flip and easy money while wading/waiting - time might be an issue with less than 10mil traded in a week, or at this pace, a month
When this gets its "hype" it should "fly" like me hunting seals
Now thats fun
circling and eyes rolling tailward as I go in for another bite this week
(i know, its above the pivot line, but not by much)
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