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j$tops

08/19/08 11:28 AM

#15548 RE: The Real Titan #15547

That does make cence. With that being said I believe our wait won't be very much longer!!!!
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Lockman

08/19/08 11:32 AM

#15549 RE: The Real Titan #15547

Sounds like we agree on most points except the time to average down. Because of the low float on this stock, once the buying starts .009 isn't gonna be around very long.
But I get your strategy and if it works for you great.
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Tiny Glutton

08/19/08 12:09 PM

#15554 RE: The Real Titan #15547

"I don't trust any of these stocks and simply assume the are all scams, but that doesn't mean they don't go up."

That's true, I had invested in PLTG and RDWG, and both went down considerably in one day. I sold all of it, and put my money into FFGO, which I knew was all hype and most likely a scam (I doubt anyone will ever see any dividends from Mr. Santini), and only playing the momentum, made back all of my losses and added on a very nice profit.

In this case, there is no momentum, and everything relies on the Cancen deal! The W%R will only be a valid oversold indicator if the Cancen deal is successful--otherwise it will indicate that FRGY stock is oversold for a good reason: that the company will not be generating any revenue and wont have money to continue operations.