Replies to post #60027 on Pervasip Corp (PVSP)

[DSherman]

There are very specific patterns in the PVSP chart that are easy to follow and hold true to form over a two year period. Only a major occurrence will change it.

[Owlman]

All your points are valid, yet people still chart OTC and pink sheets. Sometimes we're even right. It isn't as if charting doesn't acknowledge that significant material events can change the course of a chart. The uptrend was valid, and support levels were as anticipated, and PVSP was behaving as could be expected based on its chart formations, and then, as I wrote, a poor Q3 and a damned AS increase knocked the crap out of it. It wasn't simply random fluctuations of thinly traded buying/selling that busted the chart, which your points would suggest. Had PVSP been less illiquid, the Q3 and the AS increase would still have done all this harm.