Re: A "sovereign" act needed
in response to
by
posted on
Sep 04, 2008 12:54PM
eso...you are correct in that I feel that charts don't apply here...they might if we had decent volume and price coupled with a real "free" market without MM's nickle and dimeing the average investor...perhaps a $10 stock on the NYSE...LOL
A chart is useless, IMO, when you cannot take advantage of chart signals due to MMs, spiral financing CDs and sub penny share price...
I have been out for a while with the last of my holdings sold at $.01 and higher...glad I did sell, as I was looking through rose coloured glasses and it cost me!!! Anyone trying to sell here will also take a haircut from the MMs...if you want to sell at .0005 they will take it down to .0004, etc...I think most previous holders are out here or have written it off...At least they aren't Modi shares that were .0001 and did a reverse split 1000 to 1, and are now sub penny AGAIN at .0064!...( in the space of a month!)