Replies to post #3161 on EcoSphere Technologies Inc. (fka ESPHQ)

[the guru]

....that is one side of the coin;)the other one might be your cost basis was biased unfavourably to the higher side.
Yeah,i saw it tanking in the intraday below 1$.
As the chart histogram shows,there is strong support at 1$,and imho this will keep the level of pps above 1.
Nevertheless,the shorttime SMA was penetrating the medium time SMA to the downside,referred to as a death cross(15,50SMA)
Rsi is tending to be oversold lurking below the 40 level.
I lean toward closing today at the 1,05 level,imo of course.
Gltu

[Logic1]

Lets not forget ESPH core business is gas fracturing. The market is huge and they certainly have proven their worth. I am looking forward to the quarterly. I believe this stock is a winner and it will generate many good contracts. Yes, I was discouraged when ESPH was not chosen for the cleanup of "oil" however they did get publicity and have great patents and exposure.