Great Wall Builders (fka GWBU)

[dude iligence]

Caution in comparing this to the other APS plays. This is not like any of the other APS plays. As I've said before the APS entry on this was way way too late. All the other APS plays were 6-10 baggers by the time they reach $1. This will have to go to $2.5 just to make it a one bagger and $3 for the average entry point of $1.5ish.

Last Friday and thru the weekend all the longs were so sure this would be over $2 Monday, but it didn't happen, now its by the end of the week for sure. What happens if that's not the case.

The breakout point was 1.73 and now its back at $1.71, that's pretty weak breakout IMO. Needs to see some follow thru tomorrow.

I thought I'd seen it all but to read the posts of a self admitted 15.5 year old that trades with $50-$100 giving advice and saying that charts don't work 95% of the time on these kind of plays.

Those kind of statements need to be clarified that charts don't work for the 15 year old. And I'm sure they don't work for him. How much experience can you have at this when you only 15? How ever much its clearly not enough.

When I hear the words hang in there, stay the course, HOPE HOPE I get the distinct feeling that the trade isn't going as planned by the person that is hanging in there based on other past APS plays and Hope that this one is just like them. Hope is what got the less than competent person elected into the White House and things aren't going as planned.
So I start looking and doing a bit of Dude illigence into some of their other trades and find that they are bagholding -30-40% trades they should have exited months ago. Still using the words hope and hang in there and praising fellow bagholders for doing the same. If they can't see that trade for what it is then the odds of them recognizing a problem here won't be any better. The best advice I can offer is never assume that one trade is like another because the market always has a way of changing when you least expect it.

So I go to the chart that is useless 95% of the time to the 15 year old, bless his little heart.

http://stockcharts.com/freecharts/gallery.html?gwbu

The fact is the 50ma is at .71 and the 200ma it at .21. There is a MASSIVE GAP from .20 to about .38. When the big drop comes it will go right into the range between the 200ma and the 50ma. That is .21-.71. This is based 95% on the chart and 5% based on past APS falls off the cliff. Unlike the 15 year old I use charts 95% of the time to make a decision on a stock. The best analogy to do otherwise would be for a pilot to fly at night in the weather without instruments.

The safest play on this stock is wait for the drop then play the bounce during the panic. The first bounce delivered 30-40% gain from 15 mins to 4 hours hold time. When the hammer drops on this it could provide a 100% gain bounce IMO.

These opinions are based 95% on the charts and at least 2 weeks trading experience.

I only get one or two posts a day on this board because I don't speak the I-Hub pumper central dialect. Some just say I'm an azzhole. I say at least I'm a damx good one.