RE:RE:can you say parabolicRegarding the parabolic comments by Keith Richards, I agree that he is looking at this stock only from a technical standpoint. FWIW, I just watched the clip on BNN to see what his exact comments were. Interestingly, Richards was quite short (brief) when commenting about this stock; and, although I could be wrong, it even appears that he was pouting a bit towards the end of his brief commentary....
.... so just pure idle speculation on my part, but given that Richards is a technician, and given that Venture stocks that do a financing typically trade down to the issue price, it leads me to wonder whether Richard's firm was one of those who were shorting this stock, only to get squeezed out after incorrectly basing a trade on pure technicals, without looking at over-riding fundamentals. Just goes to show that shorting can be a dangerous game, and it always pays to look at fundamentals before basing a trade on pure technicals (and vice-versa).
RCTflow wrote: You could not have held PHM after Oct9th 2014 if you took your absurd advice
Sell if it is 10% over its 200dma ? How could you see a PHM chart and post it on this board ?