Replies to post #3886 on Grapefruit USA Inc (GPFT)

[EdWSlo]

Self fulfilling prophecy

I always wonder, suppose that everyone would follow the graphs, what would happen? According to the graphs the price will drop, so, let's assume we are all day traders, and of course we would all sell, so that means the price will drop. Great, the graph was right. The new graph for the next day, will probably tell you, that it is still best to sell regarding the trend of the last day etc. until we are back at a pps of 3 cents. There will never be a graph that tells you to reinvest because of the FDA approval, so that won't have any effect on the pps.

To me, graphs are great to reconstruct the past, but it doesn't tell you much about the future, as the most important parts to predict the future, like activities of the company itself, are not included. I challenge anyone to show me the graph any time in the past few years (excluding the last few months), that it was good to invest in IMGG.