Just imagine the possibilities with this company! They will have 9 department stores right off the bat! I expect or am hoping we will see more stores opened or at least announced by years end! The company has stated that expansion is a definite possibility! Besides Wisebuys/Hackett's (which IMO together will work GREAT), SWVC has other interests under it's umbrella and has already stated that they will announce at least one non retail acquisition this year. I still feel that a lot of people have large numbers of shares that they bought below .01 and have been selling bits and pieces and taking profits! Remember, this has went up 4 fold in the last few weeks! That is a LOT of profit to be had. The process is taking care of itself at this point! I'm very encouraged by what lowtrade says is going on and I think he's hit the nail on the head! Which would mean that BIG money is getting ready to run her up again!! At least I think that's what he meant!
Posted by: Geaux Fish In reply to: None Date:9/11/2007 8:20:30 PM Post #of 50753
SWVC annotate chart
What goes up hard and fast must come down. Just should not be as fast as it is. Panic selling and emotion bring her down hard.
First resistance levels turn into support levels. Pending on if you hold these coming down or not.
If resistance levels break the ma-20 holds it will confirm with either a black close or a green candle. If it breaks support here you can see the ma-50 yard mark. Once reversal is confirm it should bounce for another leg up and than here I would think you may see the 8k filing. Once it re-trace from this leg and the 3rd leg kicks in around 6 weeks from to 3 Mo. Than you will have than the GOLDEN CROSS ready for action. Than this is when you may see some quarterly report numbers.
GLTY
All in my Opinion
Trade smart IMO Geaux with the flow. Don't go down with the ship. Trade smart and trade on.
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