Stans Energy Corp V.HRE.H

RE: Oversold......

[davidlowe]

Murry,

I hope your technical analysis is right. Really I do.  However, my experience with this stock has been that it is subject to the whims of momentum players who use directives by popular newsletter writers (like Agora and Byron King) to pump and then dump a stock. I detailed my experience with the stock in previous posts earlier this week and walked through what happened with Stans over the last week or so of trading.  Given this, you can really throw technical analysis out the window.

 

As JMInvestor and another poster (I believe andech) pointed out, you can expect wild swings in this stock until the company executes on its strategy and is actually in production, especially given it is trying to operate in Kyrgyzstan. Once it is a "normal" mining company, technical analysis might be of value.

 

David