Memex Inc V.OEE.H

RE:RE:RE:RE:Debate or Speculate

[1969Enigma]

" As thick as me"? ... your intent is clear. I expressed an opinion here regarding the initial trend and engaged you with respect. You are arrogant to a fault and appear to look for validation by attacking others. Another one of the myriad of posters that I've seen on here a thousand times over who are extremely bold sitting there hiding behind their computer keyboard. You wear your "ignores as a badge of honor" as you put it. You appear to have little to no self esteem and are likely seeking validation in this online forum that you are not getting in the real world. I'm sure such behavior serves you well beyond the screen. You appear to applaud the mutual exchange of information yet you in no way promote it. You repeatedly state what a waste of time this board and people on it are... yet you remain here day after day hurling your insults at anyone and everyone. "Supercilious" likely has your name next to it in bold letters in the dictionary.

Respond ... don't respond... your "ilk" earn the ignores that you have because you deserve as much respect as you show others.

Try that approach in the real world... I suspect we won't hear from you for much longer if you did.

GLTA & DYODD

rljp wrote: "The low volume is a signal to traders that the trend is "not" reversing "

Well the volume was low and it looks to me like without news the trend is reversing with MA on short term now down. So low volume until yesterday and the price plunged. I am not sure what you want people to say? That is not a consistent for high probable bit of information that you are professing. Its plain wrong. I do not think volume on its own can be a "not" or a "yes" under any circumstance and you can post whatever links you want to whoever who has the same notions in their head and say that low volume is a signal that the trend is "not" whatever. 

As for 25 cents, and I find it hard to share with people as thick as you but just to show my intent here....if you read the financials you will see the notes section at the end as the most important in any financial read. That and how much cash does the company have. Why? Because it shows first of all the cash they have on hand and do they need to dilute to keep as a going concern. Then we look to financing and warrants or options and what prices they are at. Basically because if the price gets extended and cash is tight then you can be assured that the warrant holders will play the box. ie...sell the stock short all the way down to the warrant price and convert the warrants and cover the short position with the new shares....and be in on the next financiing. Maybe that happens maybe it doesn't its a strategy.  I am not saying OEE needs to do a financing. But right now approx 11 million warrants are out at 25 cents and those warrant holders most likely, most probably have shares they can now sell to get the funds to buy the warrants and be in the money. 

So its  not a prediction its a potential probability. Which I have seen play out before. It has a logical premise. Without news people with warrants in the money are watching it fade away by the day. Or they are not and happy to watch it fade away as people who are now in a place of pain watch the price drop daily. Until it doesn't anymore. So they stop out or sell etc. As that is what we are fundamentally dealing with. Greed and Pain/Fear by the market participants as we seek out value overall. 

And low volume is not a guide at this point for anything other than a period of consolidation. And you can not produce anything with statistical empirical precission that would say otherwise. 

additionally the RSI 14 period is now below 50. When was it last below 50? Tells us something as well about "not" and how wrong "not" is. But that would be for another time.