SPO Networks Inc (SPOI)

[techtrade]

I don't think part of my last post was as clear as I meant it to be:

I have to respectfully disagree with that statement from my own experience with both SSOL and GLER, i was in both.

To clarify a bit, you are correct. The hard and fast falls are easier to recover from quickly as they create less near term resistance. It's the slow rolling selloffs that create resistance that's harder to break through. Of course breaking news can change everything.

Kudos at catching SSOL and GLER at the bottoms. I was watching SSOL but hesitated at .005 and missed it (think it might be ready to run again soon but that's a topic for their forum). But to my point, both SSOL and GLER have only really recovered the hard and fast fall portion of their charts. Also to my point, both charts illustrate how what appears to be a bottom often isn't, which is why being cautious pays rather than thinking every selloff is "the bottom". Lots of people in SSOL and GLER simply got made whole again in those rallies, and many are still underwater. Only those that called the bottom correctly made $$

I think HLNT is next

As do I, or at least I think it has potential to be, which is why I spend time in this forum and watch it trade daily. It goes without saying that I have every intention of catching the bottom on this one.

all stocks dilute that's why they register to trade publicly otherwise they would be private. Now HLNT gave a notice dilution not all pennies announce that most of the time you have to call the TA to find it out by yourself after getting a hair cut on the PPS lol, at least they were honest enough to report that before it happened.

Agreed. Even though I'm disappointed that they diluted at such low prices compared to market value, I do give HLNT mgmt props for being straightforward and good at communication. Just to clarify though they didn't announce the dilution ahead of time, just the increase in O/S.

I think the worst is over as far as the dilution goes, next week will give us a better picture on that matter. GL2U and thanks for sharing your thoughts on technicals.

It very well could be, but by my count they stil have about 350 million left in O/S. I'd be surprised if they decided to use it all up but anything is possible. The coming week should be informative about whether this has potential to be the bottom or not. The 9 day MA moving under to become support rather than near term resistance would be a good start.

Thank you as well for sharing your thoughts. GL2 us all.