Sunergy, Inc. (fka SNEY)

[The_Free_Nebula]

SNEY - Well today certainly is a mixed bag and it epitomizes the one of the main reasons why I like charts over stories. What we have is the naked truth of the fundamentals. That is, that they cut both ways and they are not always in the best interest of the shareholder's short term aspirations. Make no mistake "Longs" - if you come here every day to post you may have long term dreams but you do have short term aspirations for this stock as well. And while it is trading in the cesspool any notion of dilution is bad mojo even if for good reasons. This is where the company is pleased and the market, Well, ....Not so much. It is the end of the world...Absolutely not. Has panic set in? No..There were only ~11 millinon shares traded and 46% of that was at the ask...However today's news has changed the trading dynamic. Will need to see how the rest of the week pans out w/o news. Still closed over 2 cents so just because the ST DMAs have been crossed doesn't mean there is no support still there, need confirmation...Makes for a nice new possibility for a run if the stimulus is good. Wish the news were of another sort. Gotta be straight about that. But if you thought this was a good play @ 09:29AM this morning, you should still feel that way now...JMHO

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