Replies to post #13923 on Asia Global Holdings Corp. (fka AAGH)

[mediascan]

Hedgy,
I hear what you are saying as per the weekly charts, and if the markets across the board keep this slaughter pace...well who knows.
I thought .18 with a possible touch of .15 was absolute bottom, and still do.
That doesn't mean that I am right and it will not go to your .10 to .12 call
My problem with that call, or a flush even below .15 would tell me there is something seriously wrong with the company.
Unless the company's latest release is completely BS, then I have to believe this is a combination of the markets (all indexes are red), and the MM's taking advantage of the stock in this environment.
There are many like myself that have been nibbling just above that .15
Heck, the rsi is at 40...how long can it really stay there?
I will give you that on the weekly.
I drew my personal buy line at .155
If it goes lower, I totally called this play wrong and will admit to it.
Time will tell.
MS

[GIBBER]

Your correct the stock is telling the story right now and it is not good. If the company was doing well there would be leaks to mve the stock up. Unfortunately I will probably have to take my losses here and move on if the earnings do not move the stock. If the news is good most companies there are leaks small leaks for the good information. We are aout 2 weeks away from the earnings and the stock keeps going down. Not good and everyone here is like you say longs hoping for the best. This has become a trade that is turning into a very long term investment if I want to try to ride it out. The ride looks to me like up to a yr - I hope I am wrong but been in too many stocks that act like this and my gut says not good. I think the MMs took use for a ride like usual.