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jyates

06/07/11 12:42 PM

#7752 RE: frodo_1978 #7746

Hey Frodo how does the Cup & Handle look on your charts? Seems we are still strong in this sideways trading area?? imo


Investopedia explains Sideways Trend
Sideways trend is generally a result of the price traveling between strong levels of support and resistance. It is not uncommon to see a horizontal trend dominate the price action of a specific asset for a prolonged period before starting a move higher or lower. Brief consolidation is often needed during large price runs, as it is nearly impossible for such large price moves to sustain themselves over the longer term. lets hope

thewolf1

06/08/11 6:44 AM

#7779 RE: frodo_1978 #7746

It has no effect on my life Frodo. I just don't like being misled. I am holding until end of year to see how it pans out. I just posted my opinion of what I see. Good or bad, I am entitled to it. I have plenty of experience with Penny stocks and I thought this one was different. After the BS LOI PR last week, It changed my mind. Today is 6/8, where is the merger? WHere is the update on the merger? All we get is "Pending Merger Partner"

How about an EXACT update on the status of the merger? What needs to be complete. What about dates? They gave dates that have passed. So now the shareholders are in the dark.

I am not going anywhere. Get me banned if you want, but I am sure there are shareholders that like to see both sides of the coin.

Like I said -The LOI is a RED FLAG. That's reality. Maybe just a stall tactic, maybe just complete BS with no intent of happening. You see the price. You see ETMM selling large blocks at the ask.

I hope they do come out with the merger and it flies to .50 cents, but I just very cautious with how the company is handling this whole thing. And IR himself told me he does not even represent the company and dropped them because he thought the Merger wasn't happening. That was about 6 weeks ago.