Replies to post #2211 on SaviCorp (fka SVMI)

[rldurbin]

SVMI is a tough one.

I look at it differently than say a long-term hold like paradigm-changing hydrogen producer NNLX. SVMI is one stock that tries to break your will. The only way to play it is, at a minimum, is to buy it with stink bids way below what you think it will hit.

If you look at the chart, before the 50 DMA crossed above the 200 DMA, it hugged the declining 200 DMA down after the big gap to .039. It has broken well below the 50 DMA at this point and if it follows the pattern before, it will tag the 200 DMA, which looks to be about .0108, before it turns back up.

This one, IMHO, may continue to erode until news comes out which changes everything.