RE:bottom line is NOBODY KNOWS.If you want to talk "stupid" ....let's talk stupid.
We are all entitled to our own opinions and no one should be criticized for those opions. For if we were to criticize others, We would say things like this....
Menace11 wrote: honestly my guess is that they asked for the halt to stop the SP from dropping while they worked the new Private placement deal
LOL !!! Now THAT is the most stupid thing I've ever heard. Companies don't have the ability to simply HALT their stock because the share value is dropping like a rock. Don't you think ALL companies would do this if that were the case. So yes....lets talk about "stupid" shall we.
Now one can have an open mind toward things OR one can criticize things they no nothing about and say things like this.....
Menace11 wrote: Simply put.. If FGD news is good we go up.. if its bad we go down! no matter what your stupid charts are saying.
Now we can talk about your VPT, SJL, and ION in regard to this week OR I could say that ALL these stocks ran up on news and will soon re test near their break out points...but that would be "stupid"
Case in hand SJL has retraced nearly 70% of its run up to 0.35 from its breakout at 0.07.,,,yes isn't news just great? And the retracement isnt' even over yet as the stock now sits at 0.15. Notice it has those "stupid" gaps as well.
SJL 70% retracement...so far! Onto VPT....great run up and great news but guess what? Yesterday it fell 21% and and is now near the 50% retracement levels from it run from 0.10 to 0.90 cnts, and it's not over yet. So now watch in the coming days as it continues to fall, So if you were in at the bottom congratulations, if you were in at the top.....you will have an awful long wait to see your investment back in the green.
and yes another "stupid" gap at 0.10 as the indicators show overbought with a not so positive candlestick given the day of the rally
VPT 0.10 gap Last but not least ION a stock that went from 0.10 to 0.24 but has already retraced nearly 50% of the rally ON THE SAME DAY. This shows no strenght in the stock, The candlestick is very bearish and it won't be long before it's back to 0.13 cnts
ION rally unstustainable Now if you look at each of those charts you will see that FGD is in the same camp.