WRDP
Doug,
No two charts I get on this amputee show the same. Did it go off the block yesterday for delisting, then open today on the pink sheets?
If so--a must watch. Delisted stocks are sometimes good for retirement-making days.
Look at BOSTQ:
bigcharts.com
and SHMN: (you have to use both charts; they're pre- and post-delisting)
bigcharts.com
bigcharts.com
and VRGN:
bigcharts.com
and my great shame, HMSC (remember this one from my visit to you in December?):
bigcharts.com
And yes, that was a real-life, American-as-apple-pie, Instock-turning-in-his-grave-type signal HMSC gave on 7/15, good for a 1450% return in less than 48 hours:
chart.yahoo.com
(Otherwise known as short-covering.)
In short, delisting produces an amazing (and often instant) exhaution bottom.
Problem is, they just as often ... go out of business. All aboard the RECY Express! Straight to Ripple-drinkin' gutter-lyin' gallows-eyin' putrefyin'.
Ivan
PS: Taking this week-closing post of mine to boast that I put Satan behind me and canceled my 3:59 buy of SBUX at the very last second, though it was a PURRFECT signal: 3.1m (exactly what I asked for), three ticks up from the low, a perfect volume sandwich with a five-day- old 2.95m-share day, and exactly the right kind of anchor.
What am I bragging about? |
