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Highlander2

10/01/14 7:21 AM

#9846 RE: Phin #9844

Agreed. They set up a convenient back and forth dialogue to pull out points as if it were innocent.

Posiden

10/01/14 9:19 AM

#9852 RE: Phin #9844

Phin, calm down buddy, he is just telling us what he sees. He is obviously adept at playing penny stocks, but it's based on the supposition that the stock lives and dies by it's volume/money flow. DRIO has been doing well with little volume for one simple reason; strong hands like you and I. Don't be alarmed, just be informed.

jimmenknee

10/01/14 10:47 AM

#9868 RE: Phin #9844

DRIO was brought to the Pincher board as a "text book" setup by a popular momentum trader on 9/8. Classic example of how "Big Board TA" fails to expose the OTC underbelly of momo pushers and sophisticated sellers...

... easy to read a Money Flow chart-- doesn't take 17 years lol

Tuesday, 09/09/14 06:11:02 PM

... Yesterday was a buy signal on the daily, but not textbook given the distance from the bottom (too far) and to the mid-bb (too close)-- DRIO was/is a higher risk Pincher trade.

Textbook Frontload and Dump on the 60 minute chart beginning Friday mid-morning (signals= ChiOsc (money flow), CMF (MOMO pushers), and MFI ("smart" money)). ...


#msg-106102798

I decided to look into the stock/company-- may even trade it at some point down the road -- but not now. The equity side has gotta run through the RS wickets and the fundamental side has gotta put that money to good use to build a supporting base.