Novamind Inc. (fka NVMDF) : On a bit of an uptrend lately. Not quite...

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Saturday, February 04, 2012 10:00:57 PM

Re: None

On a bit of an uptrend lately. Not quite sure why. Longer term chart is useless due to not being adjusted for the spinoff deal. Its too bad they cant be bothered to do the proper math so one can have a useful chart. Youd think it would be a simple algorithm these days. Apparently not as I see it time and again. The company's should file a complaint. It makes it look like a bad stock when it really isnt.

Case and point. Chart using 200MA which includes incorrect (not adjusted) pre split pricing:

http://www.theglobeandmail.com/globe-investor/markets/stocks/chart/?q=HMI-X

But when enough time goes by and you use the 100MA, things look a little better:

http://www.theglobeandmail.com/globe-investor/markets/stocks/chart/?q=HMI-X

Golden Cross of the 100MA, are we off to the races?

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