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Jstnelson2006

06/08/10 12:30 AM

#32161 RE: fais007 #32160

Wow, your post is soooo wrong. What do you base your stock purchases on? How big of a pump and dump you think it will be? That's just dumb. ALWAYS base your investments on DD...
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J Weedseed

06/08/10 12:36 AM

#32163 RE: fais007 #32160

lol. i thought the reverse was true. in pinks, charts don't mean nearly so much as they may in big board stocks and it's the DD that is much more important to rely on. of course, in pinks we know that companies vary widely on the truthfulness of what they say. good luck with your trading pinks with little or no concern for your DD.
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G-Money2000

06/08/10 12:37 AM

#32165 RE: fais007 #32160

If you trade this one by the chart your going to be very sorry in the end... And the dd points to big news, Developments in Cowboy mining, acquisitions, expansion, film property, and an endless amount of prs explaining these wonderful events that will keep this running. i am guessing you will sell around .002 and miss out on the real run... that is fine trade by the chart but this chart will be an explosive one so be careful when you trade those who have sold here and constantly bid whacked the Sh*T out of this stock will look back and cry at the wealth they could have obtained by a single amazing stock. Good luck to you but just remember where the money is at. HMIT
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stocksmaster09

06/08/10 12:38 AM

#32166 RE: fais007 #32160

fais, I do respect your opinion but I do think doing DD on any stock whether it is a pink or amex is a must. Doing dd for share structure, company history, ceo history, company plan etc are all important. Charts are great but they dont predict pps. Charts are only a guidance of trend and trends are influence by events that take place. You could have a down trend but if a great meaty news come out it can shoot up 100%. On the other hand stock can be on a nice up trend and can goes down 50% on bad new.
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apac70

06/08/10 12:44 AM

#32169 RE: fais007 #32160

Fais, with all due respect charts only tell a part of the story, if you play pennies on chart analyis only you are a brave man/woman. D/D, charts, and news make penny stocks. No doubt HMIT/soon to be new symbol has a strong chart, but this chart is strong because of news and direction of the company. Once the ticker changes we will see more of company direction, I agree that charts are valuable but in penny land it's a little more than charts. My DD confirms that what the company states is true (unlike most as you say and warranted), there are fakes out there, this is not one....my DD confirms that. With my DD and your chart reading we would make a good team....watch and see if I am right just on my DD alone I see a substantial rise in pps soon, my chart reading tells me I am correct but DD confirmes it first here.
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stocksmaster09

06/08/10 12:53 AM

#32174 RE: fais007 #32160

fais, let's apply the chart for HMIT and see how DD will be crucial. We are currently sitting at .0014. Let say every day this week we will down tick 1 tick each day. So by friday we will be at .001 with a nasty looking chart with a down slope. From looking at the graph ONLY I would not want to buy this stock and most likely sell what ever I have. However, because of my DD I know that we are waiting on certain important pr that can take place any time and can seriousely drive pps. Therefore, my dd tell me to hold or average down. Then BOOM on Monday we get the news that my DD told me that we are waiting for. PPS goers up 50+%. That rise in pps was driven by news and not chart. see what I mean?