Replies to post #19407 on Green Endeavors Inc. (fka GRNE)

[ospreyeye]

$GRNE Chart - currently forming a spinning top after the big gap open - as this chart shows $GRNE has struggled to break the 100 DMA @ 0.0028 resistance level - this is the 5th attempt on this chart to break that level - going forward candles forming above the 100 day simple moving average = upside potential & candles forming below the 100 DMA = downside risk -

[benosufan]

Without the huge AS there would be a huge amount of liability. Take a look at convertible preferred shares. Each B share is convertible to $5.00 worth of commons. That along with convertible debts will keep the OS increasing. Its been a decent trade lately as long as you're in before the news. Not a longterm investment stock IMO. Good luck.