Replies to post #64621 on Drinks Americas Holdings, Ltd. (DKAM)

[griff100]

you're asking the one who fed you the kool aid?

[Ex Blockman]

Here's a chart that I shared with a few about two weeks ago as the stock was trading in the .0038-.0046 range. The break of the lower yellow horizontal support along with a break of the rising bottom line was not good. Your technical traders probably sold Friday to Tuesday imo. The stock is now back to where it was back in May trying to find support in the .0018-.002 area. Not sure if you'll get a bounce or not. I would wait until the chart shows some support. When you have a management team that blindsides you and stabs you in the back without notice, this is why I use technicals. Not a guarantee for profits, but it's a great tool and helps. After all, wasn't the 1:100 bad enough already? Somewhat suspicious, imo, that a filing comes out, and 2-3 days prior the stock falls out of bed, eh? Not sure if that's just a coincidence, but it sure smells funny. But the real sell signal was the double top up there at .006/.0064. It's been an ATM since kezzek brought it to my attention back in late April/early May. A lot of nice swings. GLTU