Replies to post #23192 on CMG Holdings Group Inc (CMGO)

[StockScout1]

$CMGO CHART 09142012 W/P.SAR
Teaching moment: See previous post, SS1.
Friday we didn't subtract any shares from Float. Why? Suspect heavy shorting and flippers. Sure enough, appears to be the case.
But, the bright side is, they can't stop the momentum! Notice last 3 trading days and the location of dots on P.SAR. Finally getting a trend, upwards. Next week should validate this with further P.SAR dots below the price but steadily moving upwards.
Other indicators show upward trend to follow, RSI@63 inside 40-70 range, MACD showing upwards, CCI validating breakout, TRIX showing upward trend as well but it did show a little flattening.
Bolinger Bands are widening as well.


http://otcshortreport.com/cmgo

[makingwaves]

GM SS1. Isn't investopedia a great site. We all can learn from it (especially me hahaha). Thanks for finding this article and posting it for all here.

[Unflushable]

Investopedia is a good site , I also signed up for PACER to keep track of legal matters with companies . Anything that's public information I can get a copy of the document or a whole PDF file if need be . It's free to sign up but you have to pay to download . I hear justia is decent as well .