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NSchai1 Beethoven

06/11/12 8:11 PM

#35000 RE: $tockfather #34990

IMHO I dont think there is a bottom for BVSN. The decline of this stock is reminding me like YRCW, it just keeps going and going and going down. I think a short position is in the taking. SELL SHORT!

I took an approach to this stock with 40,80,160 MA's to find a unique pattern and I think I found it:
http://stockcharts.com/h-sc/ui?s=BVSN&p=D&yr=1&mn=0&dy=0&id=p23405702556

Chart readers, and there must have been a lot, must have thought this was way oversold back in Nov 2011 with hopes the company would bounce back financially, but guess what. YRCW antics all over again. Alot of hope, just no truth behind the price of the stock. It went way up, then crashed, and continues to crash. This same pattern is the same as YRCW from June 2011 to Nov 2011 and YRCW continues to fall.

I see BVSN falling below $5 near term.

If you want to see how this compares to YRCW, take a look at June 2011 and compare:
http://stockcharts.com/h-sc/ui?s=YRCW&p=D&yr=2&mn=0&dy=0&id=p02833075077

YRCW flew to the moon, then came crashing like a comet.
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beach_trades

06/12/12 1:50 AM

#35009 RE: $tockfather #34990

BVSN SYNC et all are just so choppy intraday

to much for me to follow

Yang is still my biggest holding fwiw

http://stockcharts.com/c-sc/sc?s=YANG&p=D&yr=0&mn=6&dy=0&i=p83399179011&a=252032884&r=9223

Also I hate rooting for Yang if that makes sense-I hope it breaks 200 day and I have to sell lol

I think we are in for more bear times though in summer--most are away on sidelines

I also have FAZ calls and MS puts (bear bets)