my 0025's were sold long ago i think you bought them at .08,the point you seem to not understand is you made one of the worst calls i have ever seen,and yet you refuse to tell the board you are as much of a "chartist" as joan rivers is a beauty queen.now do the right thing and admit you really have no clue..
dmlabuda Share Friday, March 23, 2012 11:01:42 AM Re: MCKINLEY MORGANFIELD post# 1943 Post # of 1953
Yes, I seem to recall saying you should take profits when the price was trading around $0.07 to $0.08
please don't compound it by lying,you posted this post when sbco was trading at .01 and it ran to .09 days later..
here you go i'll post a very simple chart that you can even read,now to the math from the date of your post and when sbco hit .09,i hate dis-honestly..
dmlabuda Share Tuesday, February 07, 2012 1:07:28 PM Re: wapsi post# 597 Post # of 1952
Daily Chart Analysis - This could prove to be a very good day to take profits if you have them. The market is now Overbought on the Daily chart but, the real warning sign (in my opinion) is the appearance of a Rising Wedge formation which is notorious for preceding sharply lower prices. In my opinion, the price will quickly drop back now to the $0.00xx or possibly lower. The thing to remember relative to to any Pinksheet stock is that without significant sales or earnings, the true value of the stock in the eyes of the majority of investors remains to be seen. Therefore, since smart money likes to buy low and sell high, and given the current trend is down, it is a natural occurrence for the price to move in the direction of the major trend which is down. A body in motion tends to remain in motion until acted upon by an outside force. That force won't be seen until the price of the stock is screaming EXCEPTIONAL VALUE. Apparently that is not happening now because of the wedge and the fact that SBCO is currently in a down trend. Just thought you might like to see how technical traders are currently viewing this stock
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