Replies to post #23195 on Greene Concepts Inc (INKW)

[sliderulex]

You're quite right, urdeep, charts mean nothing for pinksheet stocks, except perhaps intraday. Intraday, they have some predictive value, but any time frame beyond intraday, charting is useless, or worse for pinksheets. It's due to the reasons you mentioned, most important being the manipulation by MMs.

[Kenolova]

A drop from where? The low so far has been .0014 last week.

I'll take that bet that we do not drop further than ..0014 before or after the financials are released.

So, $10 that we do not see less than .0014? Im good...bets always make things more interesting. Bets are what makes me watch all the crappy first round NCAA games or any other lame ass game on TV.

If .0014 is not what you are stating than name the price and I will consider.

[Gmarc3]

I have to laugh. You are the first and only person I have EVER heard say that charts do not show you anything, not even for pinkies. lol. That is so false. Charts show you everything about a stock. Charts show you the momentum of a stock before you buy or sell. Volume shows interest! Your debunked in two seconds buddy! lol LKEN's chart has turned bullish with Macd and Trix crossing over. I guess the price increase in the last couple of days of trading dont mean anything either right? lol Sorry I cant stop laughing. Charts also show you where to get in, but then again you sound like a successful trader not using charts. lol

Any trader who has been trading for years and who has experience as a successful trader would tell you that you have no idea what you are talking about, respectfully. Thats all trading is is reading charts finding the next stock to bounce.

LKEN just happens to be coming off of the bottom and traded sideways and finally turned bullish. Funny enough thats actually how I knew to get in before the price went to .0016. I would say that in public blog where ppl trade stocks and tell them that charts dont matter. lol Please tell me how you think it will drop past .0014 when it held there for several days and please tell me how there is going to be a drop if you dont look at a chart? LOL good luck buddy.

I do agree with you whole heartedly about the mm munipulation, absolutely. But to say that charts are useless, I just dont or cant agree with you buddy. Matter of fact I lost money by not reading charts.

gmarc

[LuckyMe77]

Seems you need some EDUCATION....

ClayTrader
http://investorshub.advfn.com/boards/Profile.aspx?user=89929

ClayTrader - BullWarriorStocks -Technical Stock Charts
http://www.youtube.com/user/BullWarriorStocks

Charts in the pink world are meaningless.