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dmlabuda

02/27/12 12:43 PM

#1731 RE: dmlabuda #1730

Aggressive Bears have been lowering their asking price from $0.51 to $0.47 and now to $0.44 and there are still no buyers for SBCO this morning. What does that tell you about the future of the price of this stock????
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King Zulu

02/27/12 2:01 PM

#1740 RE: dmlabuda #1730

Let me give you a little history on your charts.
On Feb. 8th you posted this:

You only have about two months of data so the ADX is fairly insignificant here but, it is showing a bear market and a weakening trend. Rising wedges are dangerous. If there is further upside here it will most likely be to finish filling the gap and that will most likely be it for this rally. In my opinion, the price will go down again tomorrow.

Well the stock opened @ .016

By Feb. 16th it closed at .08. What say you?

King Zulu