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Pastimes : Zenyatta Free Speech Board -- Ignore unavailable to you. Want to Upgrade?

To: NuclearCrystals who wrote (16885)	6/8/2017 12:45:07 PM
From: the Chief	1 Recommendation Recommended By hoperrs Read Replies (1) \| Respond to of 22811

Chief, you're a chart guy ............ was the chart firm before it broke or was it breaking or better put, being broken for some time, which basically dictated the placement price? The further deterioration upon the announcement the natural result. Easy answer From March 1 to April 13 we traded at 25-27c lots of consolidation at support and above. On April 13th we announced a 23c PP April 17th the short position was 70,000 shares From April 15th to May 1---- 2.1million shares traded during that period During that time 70,000 shares short was covered, and 1.65million shares short appeared 1,720,000 shares of 2.1million were either shorts or short covering. Leaving less than 400,000 shares of "Normal People Trading" over the same 15 day period. At the end of that 15 day period we had a 1.65million short and a shareprice that equalled 21c and the chart was broken. So you may want to blame someone. If you decide you do, I will defend the 400K as not the culprit, would you agree? If so, you know exactly who broke the chart, its a company called Secutor. I think some investors were crying for news and crying aloud and it played upon the 30% big time and the down trend began and accelerated.The 30% provided for and multiplied the break and here we are today. I think you use whatever you can grab without actually crunching numbers to support your theory. Find fault in what I have done and if you can I will certainly listen to your "theory" but 400K over 15 days of which 12 are trading days is an average of less than 40K a day. If a stock cannot handle 40K a day, then its a demand issue not a supply issue. Period!