I remember when FHAL was at .06 and someone told me I should sell my position at .12 because the 'chart' was terrible. They said 'take the loss and walk away'. I didn't because I know that charts don't tell the full story.
2 weeks later it ran to $1.50 and I made a six figure profit. I PM'd that person, and never heard back from them, lol.
Even PAIV shareholders endured a time in which their chart looked decent... yet they still held on and reaped the benefits which is what many of the posters here are doing... It's hard to judge a chart that has reflected a certain # of shares two months ago and now that # has gone completely out of whack to a point where the CEO doesn't even know what the float is...
This will be a wild ride until the shares are accounted for...
Posted by: serfdom In reply to: ZanBoullion who wrote msg# 2507 Date:5/25/2006 1:13:00 AM Post #of 25049
Just gotta play it on news. Charts are useless here IMO.
Normally I carefully chart every stock. Not this one!