Replies to post #78342 on Enzolytics Inc (ENZC)

[RHerr]

Cant selloff unless someone is buying - very impatient flippers - that will scramble to buy when we head north - 1.50 by next Friday!!!

[gypsy7]

Sounds like you weren't around for the other crazy pullbacks for "no reason" many of us have gone through since subpenny.

I mainly watch the price action and technical analysis more than anything else, even though it all counts. Looking at the daily trend, we can see it has these 50-70% pullbacks after very strong legs up. Price always revisits the moving averages over time. the greater the price is extended (above or below) from the moving average lines, the faster it will snap back. Always happens.

Though sometimes price action will hold steady going mostly straight for a period of time, forming a platform for the next leg up, and moving average lines essentially meet up with price instead of price pulling back to moving average lines.

I set 6 EMA's on my chart with mostly fibonacci numbers. 8, 13, 21, 34, 55 and 200 for reference. Good visual to see overall repetitive patterns in a stock.

GLTU!

[brezlin]

Rudy, I don’t think so personally. Look at practically ANY otc chart for a pink that has run and you’ll see 30%-70% corrections on every one. Profit taking, lack of news, ran far real fast... lots of reasons. We do not have BAD news as a red flag, and many are red last few days so it’s just trading with a dash of manipulation to take advantage I’d imagine.

Have to focus on what they’ve PR’d AND accomplished in a very short time. Where they are working and with Whom! Clone3 and ITV1 showing up in Patents, and all the rest that everyone knows about. We haven’t even started yet as far as I’m concerned. When Charles finally drops a Name of someone we’re partnered with, THEN it’s on! Now is buy what you can afford while it’s cheaper again time imo.... won’t be, soon

Everyone has to make there own decisions but I’ve experienced the massive returns that patience brings, not just here but with opti too as an example. I watched it stall and drop and so many bashers warning and “what a piece...” etc, but most of them sold out LONG AGO, and I’m still holding millions of 0005/6s. Will be the same here. Dips and sells off and trash talkers (who don’t apologize) etc.... but what they have is unique and POWERFUL!

HIV CURE?! Just that worth a fortune when it gets going.....

I’m staying...and working the BIG contacts as are others.... we’ll be fine long term imo....

good trading to you.