Replies to post #42731 on Innerscope Hearing Technologies Inc (INND)

[Dragon Lady]

LOL,

Agree with everything except the wonky math ;)

But this chart set up is perfect. We have our pronounced MACD crossing the trigger line in oversold territory with both moving up!! Beautiful!! And RSI above 50 moving up!! We could close in the .03's today and even trade above .035. This is a pressure cooker and MM's algos "know" it. $INND is a pressure cooker right now, all technical indicators a GO!!

Wonky math LOL ?

Wonky definition: askew, off-center, crooked, etc ??????

IF one wants to know what 30% "growth" is - one multiplies by 1.3 aka 30% ? This I learned in grade school :)

My mathematics are 100% spot-on correct - I hold advanced degrees in mathematics among several other fields of science ? I can do advanced math or prob & stats with the best of them ?

Which part of showing the power of SIMPLE COMPOUNDING at 30% a day moves in a stock price is supposedly "wonky" ???

FOUR DAYS of 30% moves such as yesterday OFF A .04 BASE (you stated .04 as the basis point from which to move from) and this is a 11 cent stock = nothing "wonky" but is straight up a FACT ????

Look up the "The rule of 72" aka the basic "compounding principal" and also "how to calculate basic sequential percentage gains" and it will show how to do compounding growth calcs.

I don't do anything "wonky" when it comes to mathematics - ever !

IF the stock price is .03 today - what will the price be IF it makes a 30% gain ?

.03 X 1.3 = .039

Math is fun :)

WHAT IS if makes another 30% gain the day after reaching .039 - then WHAT will the price be ?

.039 X 1.3 = .0507

AND lets say the 3rd day it moved oh say only 20% instead of 30% - but continued its upward progress:

.0507 X 1.2 (20% move up) = .0604

Aka in THREE DAYS A STOCK DOUBLES IN PRICE - not needing massive 100% gainer days or similar, it can double in a few days of 20% gains per day even.

5 or 6 days of mere consistent 15% daily gains (compounding growth) will accomplish the same "doubling in price" etc 72/ percentage daily gain will tell one the number of days to "double in price" :)

https://gre.magoosh.com/lessons/1231-sequential-percent-changes

NOTHING is "wonky" about simplistic mathematics ??

I demonstrated this SIMPLE MATHEMATICS PRINCIPAL to show people - it does not require a "long time" for a stock to double or triple in price IF said stock makes slow and steady daily percentage moves up such as yesterday AND it DOES NOT require these insane 100% or 200% moves a day to do it either - even simple 20% or 25% or 30% gains a day on a major leg up and a stock RAPIDLY TRIPLES IN PRICE is the point of my Jr High level mathematics factual example :)