Replies to post #673 on Nano Cap Club (NANO)

[creede]

Left the board? You are still the moderator right? I'm not in anymore, but if I were I would certainly want to take to the CEO. I left the IR guy 2 messages, but he never called back.

[puppman]

I don't want to point out you and this stock but this is one of many that can be declared scammy. First of all companies need Flippers like you say as it keeps liquidity and interest in the companies stock. Next is the "Working to move to the OTC and getting Audits done" that countless companies say. There doesn't have to be this kind of Dilution of "Deal with the Devil" to get this done. It does not take the kinda of money and work certain CEOs want investors to believe. If the company is successful and has a great product there is no need as they will get there in due time. The most important thing a company can do is be transparent. Keep dilution to a min., File financials along with a 211 on a timely and reg. basis, keep the T/As line open and Share structure numbers easily obtainable. The move to the OTCBB will come if the companies stay transparent and are successful.

Believe me when I say I was saying the same things about XLPI until I realized bad deals and large dilution means CRAP company. The dilution ETIM is doing is SICK

[creede]

ETIM ~> .006 x o/s 2,528,427,451 ( as of 2007-02-05 ) = 15,170,565 nano

Congrats on quite a comeback, Soros.

[creede]

NCFC ~> Stock Talk Daily.

Cup And Handle

A bullish technical pattern. To be strongest, the pattern should be no shorter than 7 weeks, but can be much longer. The cup is in the shape of a “U,” and the handle has a slight downward drift which is a shakeout period. The right hand side of the pattern has low trading volume, and the buy point is when the price moves out of the handle position on strong volume.

A pattern on bar charts resembling a cup with a handle. The cup is in the shape of a "U" and the handle has a slight downward drift. The right-hand side of the pattern has low trading volume. It can be as short as seven weeks and as long as 65 weeks.

As the stock comes up to test the old highs, the stock will incur selling pressure by the people who bought at or near the old high. This selling pressure will make the stock price trade sideways with a tendency towards a downtrend for four days to four weeks... then it takes off. Below is an example of a cup and handle chart pattern:

A couple points on trying to detect cup and handles: Length - Generally, cups with longer and more "U" shaped bottoms, the stronger the signal. Avoid cups with a sharp "V" bottoms. Depth - Ideally, the cup should not be too deep. Also, avoid handles which are too deep since the handles should form in the top half of the cup pattern. Volume - Volume should dry up on the decline and remain lower than average in the base of the bowl. It should then increase when the stock finally starts to make its move back up to test the old high. Retest (of old high) - doesn't have touch or come within a few ticks of old high. However, the further the top of the handle is away from the highs, the more significant the breakout needs to be.