Post by
retiredcf on Jan 09, 2015 3:51pm
Definition of Volatility
Answer = SLYCE.
To illustrate:
12 Dec (down 15%)
17 & 18 Dec (up 11.5%)
30 Dec (up nearly 10%)
Tuesday (down 12.5%)
Today (up 15%).
Clearly someone is screwing around with the SP.
Solution:
1. Conduct your DD.
2. Draw the same conclusion as the rest of us that this is a stock of the future.
3. Ignore the daily SP fluctuations (unless you want to add to your position). GLTA
Comment by
Styless on Jan 09, 2015 4:26pm
i guess it's to be expected given there's absolutely no way to value the shares. Also, I know they have hired promoters to pump the stock, so this thing could trade in a volatile range everytime a promoter / newsletter writing blasts an e-mail pumping the stock. I don't undersatnd why a company like this is public. Makes no sense. Should stay private.
Comment by
10bags on Jan 09, 2015 5:09pm
Definitely frustrating. The only guidelines I'm using from now on ar support at .65, resistance at .97.......Huge range, I know, but I'm not gonna do anything until either of those levels gets breached.
Comment by
GrimesInvestor on Jan 11, 2015 10:17pm
Went up so fast for no reason. Short will be the trade for profits for me once again! Great return in the last two weeks! Aha
Comment by
wizard3 on Jan 12, 2015 11:16am
Aha.. Bought when it was low and went up so fast ..I'll think Its a hold... Haha too funny !!