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CSykes

11/19/09 5:24 PM

#12584 RE: bUrRpPPP! #12581

Burp, just be careful, charts are completely useless when equity financing is taking place such as the case with MMRF, up to $8M worth of it according to the recently filed S-1. They are doing a type of "equity line" financing which is looked upon as toxic by most experienced investors.

The only time a chart is usable is when a company's stock issuance is static. I'm a technical trader too, but I take into account things like this and it is the reason I have been fairly successful.