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ddninja

09/07/09 4:20 AM

#8398 RE: olandug #8397

olandug, IFSL is going to 0.1 long term

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TEXASOIL

09/07/09 6:30 AM

#8400 RE: olandug #8397

I agree 100%. I bought in 2 months ago when the CEO publicly announced he was buying shares. That told me alot. Charts and Tech analysis mean very little in pinks. How many times have we heard some self-proclaimed chart expert say it going to break out and then the exact opposite happens. Way too many. If the mindset is positive then sometimes a stock takes on feeding frenzy attitude. It becomes a self-fullfilling situation. This stock is going way up from here how high? who really knows. GLTA
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solar fusion

09/07/09 8:26 AM

#8402 RE: olandug #8397

Charts only describe what happened in the past. The use of charts
for the future cannot take into consideration all those
incomputable variables in the stock game, and, especially,
in the penny stock game. There are: human behavioral
tendencies (emotional outbursts, fear, enthusiasm, etc),
panic selling/buying, buyout possibilities/offers, market
makers' manipulation (short covering, etc.), company
information/misinformation, false/correct PRs, lack of PRs,
too many PRs, fluff PRs, false/correct financials,
audited/unaudited financials, pumping, dumping and bashing,
dilution, etc., etc. We cannot handle that many absolutely
complicated variables in any possible applicable
modeling/statistical adventure. We might be able to predict
where a hurricane is going to hit land three days from now,
but not the future behavior of a penny stock.
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andrius

09/07/09 9:55 AM

#8406 RE: olandug #8397

"if enough people believe in something, that something is very likely to happen."

Simple truth.... Most people buy at top and also most people sell at bottom. You couldn't be anymore wrong. With everyone believing IFSL is going to .05 there is near zero chance of that happening.