Replies to post #4462 on Rock Creek Pharmaceuticals Inc. (fka RCPIQ)

[leifsmith]

I like Allan's opinion on a lot of things. He's got an excellent trends model. Very accurate.

http://allantrends.com

Not cheap, but can be worth it! In this case, I think his clients will be very happy.

[shankapotamus]

I'm confused by this guy's intentions. For one, he charges an EXORBITANT fee for his "services". Secondly, his disclaimers say that nothing on his site is meant to suggest buying or selling of securities, yet he clearly screams BUY. Lastly, any good chartist uses the indicators to dictate the next move. With all indicators showing that the stock is very overbought, he is breaking many rules from a technical point of view. My opinion: He's more of a pump than technician. This is supported even further by his claim to own shares, so he is clearly biased in his BUY statement.



I certainly wouldn't be a pig with this move. No news is driving this, so what is? Speculation? See the above pic. It has saved me MANY times when I've felt greedy. If anything I'd hedge against any pullback losses with a few keenly timed put purchases.

GLTA!

[leifsmith]

Confirmed: That is Allan's comment on the chart.