Replies to post #28255 on Sarissa Resources Inc (SRSR)

[d0lphint0m]

You would have to understand point and figure charting. It is the only charting system that builds "counts", unlike bar charts or candlesticks. It deals in x's and o's.... and builds counts one way or the other *up or down...
It projects a $31.00 price target. It has nothing to do with fundamental valuation only with projected price from chart.
For example when oil broke down some months ago it had "counts" to $93.00. Well, obviously the price has gone below that and fulfilled the counts and it doesn't have further counts down until the chart "does some work" meaning it has to back and fill before it "builds counts" again. I hope this explains somewhat.

[stkjunky]

It will hit $31.00 soon if the drillers find a miniature fully functional alien space ship imbedded in one of the core samples...