Replies to post #7648 on Simple's Green Room

[freto]

CHNW

hmmm mite go..no promise thou.. on pink's all MM's will eat ur money

wouldn't buy the ask ..

[simplegreen]

led.., not ignoring you Bud and I will give you my thoughts on CHNW a bit later today as I have more time.

[simplegreen]

led..,CHNW chart does look like a possible move up is possible but at this PPS level and MMs smelling the blood of cellar boxing its now just a matter of deciding on your own if you want to throw cash at it.The traders themselves take massive positions if they can get in at the bid and their profit taking attempt alone keeps one like this crushed with no hope of upward move..think of the countless millions of shares it has to shake through in order to rise just one tick at this PPS level.Normally IMO the only consistant winners at this level are the MMs themselves and they love it.We each must decide on our own but I personally see easier money on a lot of other stocks with a certain hope of significant rise.CMF green and tall histograms are almost worthless IMO at this level...I have seen a lot of these with beautiful CMF that just sits at near zero value on PPS.It may fly but it will leave the ground without me for sure...chart