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Re: pete6 post# 59251

Saturday, 08/04/2012 12:45:09 PM

Saturday, August 04, 2012 12:45:09 PM

Post# of 72584
Pete I will chime in due to thats all I use to trade. Since this is a diluting stock the chart only has one function IMO and it's a very short term flip. It was buying trip 9s and .001s and selling around .0015 to maybe .002 if you were lucky. Now it's buying trip 5s and 6s and selling trip 8s to .001. As far as trying to see any long term rally it's not there because of the dliution. Look at the MACD how it's so weak in the negatives and even with it closing above the middle bolinger bands friday and the full STO heading north, this would be a selling trigger for this stinker due to the trend of dumpage from the company. OTOW is a timing flipper per chart right now and one needs to pay very close attention or they will be bag holders just like longs.

GLTY pete

TB