Replies to post #140597 on Sarissa Resources Inc (SRSR)

[es1]

These 2 statements do not say the same thing.

0.017 is 170% of 0.01

It's up over 170% since the April low of $0.010

Totally different which any 7th grader would tell you.

The first statement is correct. The second is BS.

#2 The lowest closing price was $0.01 as posted in the I-Hub advfn historical share price data which shows the lowest closing price of 0.01 except in 3 cases where they show a low of 0.0006 with zero shares traded at that price. I don’t generally refer to intraday highs or lows and I-Hub advfn doesn’t show a closing 0.0098 trade. If the .0002 makes a big difference to you by all means feel free to quote it. By the way, you didn’t provide a link to your data, here’s one everyone can use to verify.

The low is .0098. End of story. The lowest close is .01. You may not count the parts you do not wish to see but the low is what it is. I would advise that if you are going to pick and choose what to see charting is not the tool to use. If you are not going to look at the .0098 low why will you give any value to painted closes?
And a link to a chart is unnecessary the low is obvious to anyone who looks.

As for Tom we have our debates. Right now we are waiting to see who is correct. Me saying it will go back to .011, and Tom saying it will go to .027.
I would never question Toms charts on a bluechip stock or even a pinksheet he is not involved with but when it comes to SRSRs charting (or any stock) you have to leave your emotions and desires at the door. Tom is a bit too attached to SRSR to give an unbiased account of the chart. Nobody wants to predict a fall in the price of a stock they are invested in. I would advise you to look at the predictions made in the last quarter of 2013. You can see the predictions and the price action following the predictions.
We have our differences in opinion of the chart but I think at this time I am the one with more correct predictions based on the chart.

As for the links to the charting explanations I am sure you could give me all kinds of examples. The biggest problem is that charting "rules" are not made for pinksheet scams. A stock with no volume can be manipulated on a chart with $15 worth of shares. The "rules" help when charting a company that has a value and trades consistently. The less consistent the stock trades the less reliable the chart prediction.
I do not use the chart as a bible. It wont work. Charting will only increase your wins if you use it in conjunction with fundamentals which scams like SRSR do not have. They work pretty well on a pink that is running though. The volume and volume of trades is what is needed for the chart to be somewhat predictable