Replies to post #5882 on Consumer Automotive Finance Inc (CAFI)

[jaime9_2000]

Jonesie, 1.32 could be beautiful, if we get some good news. If NWAU files the appropriate SB-2 forms in September, and our concerns regarding the audits are addressed, NWAU could fly. In the meantime, the stock may continue to drift downward this summer.

[justwatching77]

1.32 is ugly..PERIOD. I'm a TA guy as well...except I can tell you for sure TA doesn't mean too much on a PK. TA from 30 cents to 1.50 REALLY doesn't mean anything. Short term TA at best for PK stocks. I will agree with you news does trump TA....you better just hope the news is good news, b/c it works both ways.

What will your TA tell you when your trendline doesn't hold? 1.25 on the bid. If it ain't ugly now...it will be soon.

September is the tell all...or so the longs hope.

I'm sure Jaime will ask why i'm still here...to see this drama play out. Not b/c i'm a basher...but I find I learn as much from the winners as I do from the losers.

And hell if you longs are somehow right...from the lows this puppy is about to see...i'll still be able to get in at the levels way below where I sold out and enjoy a free ride.