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Mr. Pink, give yourself "touche" rights, indeed. However, back when FPAM started its decline from $21, the stochastics and ADX indicators were giving a "technical" sell signal as well. Grant it, the computer could not give the same reasons as you do, however, those studies recognized downward price decline, based on the sales/buy ratios and volumes. However, I wish the honorable Potentate-Pink would have broadcasted this critical information when this junk stock was in the $23 range so a whole herd of people would have stayed out or bailed out early (those that aren't able to get proper indicators on their charting software).....I am a day trader, so I am use to cutting losses quickly and recoupe easily in something else. However, there are many "investor" types who buy based on alleged "honest" valuations, etc.... that do the most suffering at the hands of the "silk stockings" on Wall Street. Many of these folks get bombarded with information and opinion, and need basic explanations other than inuendos or goulish warnings. If you see someone's house catch fire, don't just yell " get out of the house", they would wonder who is this guy yelling into our door. If you were to say " hey pal, your front room is on fire, it's spreading rapidly, they are about to ignite some gas cans, so run out the back door into your yard," you might connect to the person about to get roasted! I appreciate your opinion that you don't want to see people get slammed by these bastards on Wall Street, but you could be a flaming "guru" to those type of investors, if you were better able to communicate to them instead of scaring them. I am not a shareholder or investor in the stock, however, some of you who are getting their clocks cleaned, ought to consider a class=action suit, or at least, start a complaint going with the SEC, NASAQ, , etc......if I had my druthers, I'd just prefer to take a bunch of those Wall Street crooks out to an alley and pop their mellons a few times with a nice shiny ballpene hammer! Good luck to you all with this issue! |
