Monday, December 19, 2005 3:11:49 AM
Good grief- I didn't discredit your charts. I started out saying I'm not a TA guy and I don't understand charts. If I gave the impression that your work is not worthy of credit, I apologize. I like your charts, I just don't know what they mean.
For me, if I don't understand something... it's magic. Could be Black Magic for all I know. LOL
And.. that's what TA is to me. It's magic or voodoo or something. I know it works, but I don't how it works. And, I know know some folks are better at it than others. If it were a perfect science we'd all be millionaires. It's apparently an art, some folks are more ah, abstract than others I suppose.
Have you ever met a chartist that didn't know what he was talking about... a know-it-all chartist? How do you identify those guys?
The facts are:
NFLX has 55 million O/S - GZFX 1.2 Billion. That comparison is a fact and it causes some concern with me. The fact that OTC stocks are notorius for dilution should give every OTC trader pause. Ignore it to your peril, but I'm sure you already know that.
There's not much positive published history on this company. Look at what's available. What were these guys doing a year ago? For whatever reasons,good,bad or otherwise, they raised money by creating a buttload of new shares. You've drawn your conclusions and I've drawn mine. Obviously we aren't aligned.
I read the reports and think... hmmm... I dunno. Not wise, but they got this thing going with CC, could be some ST gains here. I got some extra cash... what the heck...
You look at them and it's YEEHAW!!! SCORE!!! TO DA MOON!!!
I don't see it, that's all. But it sure would be cool if it happens that way. I see a long bumpy road ahead, with a lot of obstacles and very competent, well-funded competition. Maybe acquisition is their goal. The lunacy is in not admitting it's a long row to hoe with lotsa rocks in the dirt. We'll all know in about 4 years, huh?
For me, if I don't understand something... it's magic. Could be Black Magic for all I know. LOL
And.. that's what TA is to me. It's magic or voodoo or something. I know it works, but I don't how it works. And, I know know some folks are better at it than others. If it were a perfect science we'd all be millionaires. It's apparently an art, some folks are more ah, abstract than others I suppose.
Have you ever met a chartist that didn't know what he was talking about... a know-it-all chartist? How do you identify those guys?
The facts are:
NFLX has 55 million O/S - GZFX 1.2 Billion. That comparison is a fact and it causes some concern with me. The fact that OTC stocks are notorius for dilution should give every OTC trader pause. Ignore it to your peril, but I'm sure you already know that.
There's not much positive published history on this company. Look at what's available. What were these guys doing a year ago? For whatever reasons,good,bad or otherwise, they raised money by creating a buttload of new shares. You've drawn your conclusions and I've drawn mine. Obviously we aren't aligned.
I read the reports and think... hmmm... I dunno. Not wise, but they got this thing going with CC, could be some ST gains here. I got some extra cash... what the heck...
You look at them and it's YEEHAW!!! SCORE!!! TO DA MOON!!!
I don't see it, that's all. But it sure would be cool if it happens that way. I see a long bumpy road ahead, with a lot of obstacles and very competent, well-funded competition. Maybe acquisition is their goal. The lunacy is in not admitting it's a long row to hoe with lotsa rocks in the dirt. We'll all know in about 4 years, huh?
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