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bandits64

10/25/12 6:57 AM

#3228 RE: Penny Gold Mine #3227

No, he just believes in crying because he is a poor trader.
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Teedlum

10/25/12 10:55 AM

#3230 RE: Penny Gold Mine #3227

Yes, I believe in chart but that fundamentals ultimately trump charts. While this might be a daytrader's dream for some, most will ultimately get hurt. There are many new faces on this unmoderated page and I don't want them to read the old info and think they are investing in a well-run business.
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Seaam

10/25/12 11:05 AM

#3231 RE: Penny Gold Mine #3227

Charts of vapor ware is still vapor ware. Do a correlation of fundamentals to the chart price. In Feb 2011, company had announced a Korean Charter for $10.2 mil and their purchase of a supposed cruise ship (wasn't truthful)..price was $0.20. Today, we know no cruise ship was purchased, their are no sales, no marketing, no operations, and significant debts from failed discontinued operations. There is minimal management experience, no regular employees. The correlation of current price ($0.001) is directly correlated to the fundamentals. Yes, I believe in the charts, but you have to be able to read the charts and recognize what they are saying. These charts are saying vapor ware has zero value. If you want to bet and speculate on vapor ware, your odds are better in craps or blackjack...truly.