That's right this is the big one.
But you still haven't told me the name of 1 BB stock that made it to the big time.
Nor have you or anyone else disputed the facts of the past. So call me a naysayer. God bless you. You have given new meaning to the word FUNDAMENTAL. On the street they used to have a specific meaning for fundamentals, but in my 20+ years in the business I have now learned something new.
A company with no cash, no management experience, no significant income, nothing well those are great fundamentals. Thank you for teaching me a new lesson.
And as far as any shorts being in trouble, let's see the stock went from 8 to 2 1/2 in the blink of an eye. If the shorts haven't covered by now, well then they have to learn how to trade. So who won that battle and who was in trouble the shorts that were up 70% or the unfortunate people who paid $8 per share. You wear some primrose colored glasses.
Oh add to your fundamentals, the fact that there are no public filings or documents to rely upon. But that in the world of make believe is immaterial also.
Keep believing in what you can't see, feel, touch or read. Motive, shmotive, if you think I enjoy seeing people lose money then that's your prerogative, keep believing that.
As far as charting, first you have to believe in what charting tells you. Second, I stock has to be considered "chartable". The factors that make "real" stocks go up and down is a different story. There is support and resistance, which in many cases have to do with fund managers and portfolio managers (none of which are in this stock) suppoorting or taking profits on the stocks, there is fair value when buy and sell programs kick in (of which I doubt this is in any one's basket) there are other factors in which a chart is a "tool" not an answer to a problem. If it was then everybody would be making zillions, it simply doesn't happen. If anyone had any true professional experience about charting stocks, they would know how foolish it is to say that this stock gives indications of support, resistance or buy and sell signals. But then again you have rewritten the book on investing. |
