Genesis Semiconductor (GNSS)

[OldAIMGuy]

Hi Peter, Don't feel you need to use up all your "free" posts in answering. Sorry about the Penalty Box status. I still go back to SI once in a while, but pretty much stick around here. If you click on the "HOT!" heading here you'll get a list of the busiest topics on IHub. Our AIM bb is usually listed in the top 100 boards and is very stable and one of the most polite places in cyberspace.

You'll notice that there are a lot of over-the-counter bulletinboard stocks listed in that 100 most read. Then a lot of market direction chat threads. I don't spend much time there as there's a lot of potatoes and not much meat. Even large cap "name" stocks don't get much activity here. SI used to be great, but I don't know where all those stock investors went after 2002.

GNSS has been a holding of mine for maybe 4 or 5 years now. It's doing well by me, too. I've been trading around a core holding for most of the time I've owned it. I, too, follow accumulation/distribution as a trend. It was pretty ugly for quite a while with GNSS, but the zigs and zags of the chart provided more than enough activity for me to trade profitably.



The AIM trading model usually uses a 30% reversal to trip a "sell" after a "buy." As you can see on the chart, there have been plenty and this is where I do my best work!

I find that my "selling" coincides nicely with W$R peaks above "20" and my "buying" is in sync with the value below "80" on this type of graph.

Best regards, Tom