Replies to post #23215 on Greene Concepts Inc (INKW)

[WSD]

"It's healthy, there needs to be red days" is exactly what everyone said when this was on its way down from $0.018. Please don't tell me this. As for charts, if you wish to use em go ahead, each trader has their own way of trading and to me Charting is useless in the pink world.

[sliderulex]

So what effect do MMs and flippers have on your precious charts? Or are you just ignoring them? Since the charts do not show the impact of MMs and flippers directly (only after they have affected the stock) the chart is useless in predicting their actions. Charting is useful, however, intraday if you know how to interpret RSI, MACD, MFI, CCI, Bollinger bands, etc. And of course charting has predictive value with the big stocks (NYSE, Nasdaq). But for pinksheets, charting has no predictive value because of the all-pervasive impact of the MMs and flippers, which charting cannot predict.