Seven Arts Entertainment Inc (SAPX)

[sbc357]

Thank you Soldier for your input. It is interesting to see what you are thinking esp. with the technical analysis.
Cool, you gotta admit: This chart is ripe. She is gonna blow pretty big after the financials, either up or down. My concern is that it has gotten overripe for a downtrend, and the financials are very uncertain as to what numbers they will bring. Also, seeing that the financials are only through June, they still will not contain the information on share structure and specifics of the deals done within the last few months - that has me concerned. I want to know how many shares were given to BJM and at what specific price. I know the shareholder letter is SUPPOSED to elaborate on all that, but that letter has been promised to me for about 2 months now, and they said nothing about it coming out with the financials.
On the positive, there has been EXTREMELY STRONG BUYING and support, kind of makes you think someone knows something positive to convince them to buy sooooo boldly.
Still watching the tape. May buy more before the earnings, if the trading looks good, and the anticipated price points are hit.