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Re: dredgemaster post# 31748

Sunday, 05/29/2011 6:36:35 PM

Sunday, May 29, 2011 6:36:35 PM

Post# of 101798
I think you misunderstood what I was talking about.... I know that others read the posts that are made, so even though I was responding to a post you made i was writing for more than just you, sorry.

When I was talking about technicals earlier, it wasn't about the actual operation end of it, but in regards to reading charts associated with trading stocks. If you haven't noticed sometimes someone will talk about the 50 ma, or some such going ticking up or down? They are talking about a graph line which is used to try and predict what a stock will do in the future.

I am probably not the best person to explain this part but, shorting: let's say the stock is selling for .024 a share, and you believe the stock price will drop. You in essence borrow from a broker at that price to buy shares, if the price drops as you predicted then you make the difference between the lower price and what shares you need to pay back to the broker.... I know not the best explaination.

Long, well that's just that, what most people on this forum are. You invest in a stock at a low price such as .0134 on the expectation that the price will go higher, say 10 cents or a dollar.(only examples)

One can make money both ways if one makes the right choices, I think of it as roulett with better odds because one can make a far better guess of what a company may do which will effect the stock price both short term and long term. Than one can guess on which number a ball will land on.

Personally, I discovered this stock/company long before I found Ihub, and indirectly meet you. I am not relying on your words either way to make a decision about whether to buy more shares or to sell what I have.

Your straight talk about your experinces in the field have affirmed my limited knowledge of the field,(I think most people here are greatful for your sharing of that knowledg) so it only enforces my belief as to what is going to happen down the road with this stock.

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