Replies to post #15411 on MATRIX Penny Stocks

[growacet]

blackice re jrse (link)

http://ca.finance.yahoo.com/q?s=jrse.ob&d=c&k=c4

Look at all the news that has come out, then look at the chart over the past 3 months with particular note of the heavy volumes.

Despite all the seemingly bullish news the PPS has not found any support. Why??? It would seem to me that alot of shareholders were more than happy to sell into the demand created by those emails and the positive press.

November saw around 10 PRs...despite bullish news the PPS still fell from 4ish cents to about 2 currently.

I don't know that JRSE will ever maintain any upward movement, far too risky in my opinion.

Check out ENGY...no press. Also very risky, but nobody is promoting it trying to attract buyers...yet TA looks bullish imo, and their recent 10QSB wasn't too shabby either...but again no PRs.