RE:RE:RE:RE:RE:RE:RE:0.86 Askeasydough wrote: Thank you, gcap, for your brutal honesty. You're should teach a class, in investing. You're certainly
teaching us all a lesson, on how to lose our life savings, by investing in crappy penny over inflated
penny stocks. gcap, should I buy more, when the price hits .40?? Thank you.
first off i'm brutally honest on here cause there are too many pumpers on here feeding pipes dreams that may or may not come true in the future. 2nd of all i do not invest in stocks especially penny stocks ...thats a huge FAIL waiting to happen .... i trade them there is a huge difference ...there are way more traders in this world than investors so long term investors will always take it up the a$$. 3rd i didnt tell you to buy the PIG ...you did that hopefully based on your own due diligence and not the word of these Pumping Unicorns on here....Yes i am short against this company but for the reason that its the right play and has been for the last 2 months now ....trend is your friend till the end ...plain and simple ...and unfortunately the trend is still down therefore traders will continue to short sell and dump this PIG until price is justified. Theres no rocket science behind this ! its all about price action and support resistance levels along with the trend. FUNDAMENTALS have absolutely nothing to do with it as much as people say it does ....I've seen company release crazy amazing results only for their stock price to plummet for no valid reason why cause maybe the results were already factored into the price previously ....not much to over think about it . Last you asked if you should buy more at around .40 - .50 well that all depends on what happens at that time whether the price is consolidating or not ....if the price knifes through the 30 week MA then all bets are off the table this things going back to .10 period thats a massive bearish signal ...if it holds then a new rally may begin in the short term.