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tattooed

03/28/10 8:43 AM

#9118 RE: trader53 #9117

Thanks ed, very good explantion, do you have any idea where this stock could go long term?

chocolope

03/28/10 11:23 AM

#9123 RE: trader53 #9117

well said

RHJ~BT

03/28/10 4:37 PM

#9130 RE: trader53 #9117

nice info well put lol by each wave this stock could be bought and sold alot of times to make profit gonna be a playground for investors when it gets well known and that shouldnt be a problem green energy gets more reknown by the day lets hope we can start seeing some green soon maybe even nxt week if 10k is coming

Rock Solid

03/29/10 4:21 AM

#9142 RE: trader53 #9117

This kind of technical analysis is quite entertaining my thoughts. I guess there no point in arguing about the figures but there's one element you left out of you reasoning: the fundamentals. If people find out "the truth" about a company and they like this truth, the scenario is very likely to be the one you describe. If there's some major clue about the company being not trustworthy, there may be no third wave whatsoever.

I think it's important you mention that if you talk about scenarios. I hope you agree.

I think CCTC is quite safe though. They are working hard and they're going to grow. These joint venture plans are proof of their efforts. So that's why I'm starting to like this stock. Your TA scenario and my own research about the company fit quite well together I think. I need a little more time to figure out a few figures about CCTC but chances are high that I acquire a few share this morning. That's the reason I got up this early. A little more research before the rally starts... ;)