Seven Arts Entertainment Inc (SAPX)

[sbc357]

Not at all, it just looks like it is going there.
Now, do I have enough confidence that it is going there to sell my shares and plan on buying back? Heck NO!
With the way the chart looks, I am not selling a whole bunch of shares until I see some reason, like a pop or some more bad news.
HOWEVER, I will be waiting at .23, .22 and .21 range to pick up some more if those diluting dumpers are going to take it there. The dilution has not been near as bad the last three days, thus, it appears to be holding .24 fairly well. But once they decide to dump some more shares, IF they decide to do the dumping in this .24 to .25 range, it will be visiting .23, and very likely I will get my bottom call at .21 hit.
As stated previously; Patience and balls are required here.