I read charts. IHDR is a buy unless and until volume tells me otherwise. Learn to read charts or don't... thats up to you, but if you want to be consistent in your trades, learn to read charts. And, like I keep saying... all that other cr#p aside, the chart is telling me that, if volume on the downside remains as it is in comparison to volume on the upside, then IHDR will remain on my accumulation list. Supply and demand and volume, baby. Supply and demand understood and obtaining meaning within the context of volume evidence.
And as regards pumping IHDR (or any other stock), I have never said anything like "its coiled and ready to explode". Now good ol' IHDR (the man) is a bit of a pumper, but thats his right. After all, if he's calling himself IHDR, what do you think his opinion of this stock is? DUH!!
And you can toss this advice out if you like, but learn to read charts. They can be read if you take the time to learn how. Its easier to say it can't be done, but it can be done and it will help you generate more consistent returns.
And as regards what I'm angry about... I'm tired of watching post after post by hateful people who call other people stupid who have bought this stock believing it merits buying. It is not necessary to denigrate anyone who thinks the risk is worth taking. This isn't Raging Bull and I don't think anyone on my siide of the argument wants it to become just another place where bashers attack.
Three people have screamed their way to prominence on this board. They are hateful. They are deliberately mean. They are self promoters. They don't appear to have a functioning moral compass. Not one of them does. They pollute this board and call it "the other side of the argument". To make their positions "the other side of the argument", they need to strip the hatefulness and the insults out of their comments. At some point, if you call me stupid frequently enough, and begin to trash a good neighborhood, your going to get the honest folk mad, and thats whats happened. Your entitled to any opinion you wish. You are not entitled to initiate attacks, and to resort to attacks repeatedly. Nobody on this side of the argument is in the habit of initiating attacks. None of us will feel that defending ourselves by attacking back is necessary unless we continue to be attacked. Stop the attacks and the rest will clean itself up of its own accord. Period.
It is possible for any one of these three screamers to have been of the habit of saying, politely and in a civil way, that they disagree with those of us who think this is a risk worth taking. You don't have to couple your "astoundingly brilliant new insight and knowledge" with the mantra that, anyone thinking otherwise is stupid.
If these guys weren't cowards, they wouldn't sit at the ends of anonymous links and insult strangers for the terrible crime of having decided to risk hard earned money on a stock like IHDR. These guys are cowards. They have no moral compass. And they are hateful deliberately, and with apparent glee. Anyway, thats what I'm up in arms about, since you asked.
And let me now return your focus to something entirely worthwhile, whether you believe it or not: reading the charts. Now thats my mantra and, if you don't mind my pointing this out, I think it serves as precicely the example of the kind of constructve comment this board should be about because it does not contain even the slightest trace of an insult. You are entitled to any opinion you wish. In the spirit of a blog such as this, I'd like to share my thinking without being attacked and I'm hopeful that others will join in likewise. I do this for a living. I'm a daytrader. Its all I do. I believe the chart of IHDR tells us something. It my opinion, and I'd be delighted to have other civil adults join me in talking about the merits of chart reading, with IHDR being a real time example. Thats constructive. Do this kind of thing, honoring and appreciating the other folk frequenting this board, and none of the noise thats happening here will gain a toehold.
GLTY
Imperial Whazoo
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