Artfest International, Inc (fka ARTS)

[stervc]

pete6, with those ARTS thoughts...

Those ARTS thoughts are solid and fair. Overall, ARTS has been in a downward trend over the past 200 days and past 50 days primarily because of dilution. So far, the dilution appears to have ceased which is what some of us have been expecting since the company is suppose to be generating new revenues which was recently PR-ed.

If the price of ARTS remains at these levels as a worst case scenario, then the charts will continue to prime up for a significant move northward if for nothing else than a "technical analysis" move. This is because of the 200 day and the 50 moving averages will drop to a bottom closer to its actual bottom.

I think any significant move northward could be supported by a fundamental move too given the potential existing here with ARTS. As what some here have been saying... the ball is in their court. I have a feeling that we will begin to see some significant things finally unfold for the better here with ARTS. I do keep reminding myself that this is an OTCBB stock and not a pink sheets stock.

v/r
Sterling