Replies to post #2788 on Soligenix Inc (SNGX)

[jbsliverer]

I'm not one who subscribes to the Dow being anywhere near responsible for a stock such as this, but I have to admit the market is getting killed overall, trying to throw some darts at it.

A couple of charts since the SNGX crash last week. Can it go down, yep, is it going to turn around somewhere here, maybe. Where is the low this time, where will the high be -- where is my crystal ball?

It's all real risk.

30 tick regular candle chart:



5 tick trend candle chart

[XyzTrader]

I don't use the market as excuse for any particular penny stocks gone red. Even the market is +500, this could've been the same. I've been watching how SNGX was trading closely for the past two days, the buying pressure is nearly gone, buyers are simply outnumbered by sellers.