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NLST - Hurricane Stocks postition now into Sep/Oct
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[QUOTE]Originally posted by Munchkin Man: [QB] [QUOTE]Originally posted by Purl Gurl: [qb]This stock is trending downward and has been for a month. Purl Gurl [/qb][/QUOTE]_____ Greetings To All: The Munchkin Man is now going to give you a demonstration. The Munchkin Man is going to submit irrefutable and mathematical proof that the assertion quoted above is wrong. Absolutely wrong. The Munchkin Man is going to prove that this stock has been trending upward for a month instead of downward. The Munchkin Man will do even better than that. The Munchkin Man is going to submit irrefutable and mathematical proof that this stock has been trending upward FOR THE PAST THREE MONTHS!!! The Munchkin Man shall now proceed: During the month of May of 2006, the mean closing price of NLST was $0.27 a share. During the month of June of 2006, the mean closing price of NLST was $0.41 a share. What is the difference between the mean closing price of NLST between June of 2006 and May of 2006? $0.41 (June) - $0.27 (May) = $0.14 How do you compute the percent gain between these two mean monthly closing prices? Like this: $0.14 / $0.27 = +51.85% Now then. Take a look at the month of July of 2006. During the month of July of 2006, the mean closing price of NLST was $0.44 a share. To summarize: The mean closing price of NLST in May of 2006 was $0.27 a share. The mean closing price of NLST in June of 2006 was $0.41 a share. The mean closing price of NLST in July of 2006 was $0.44 a share. The difference between the mean closing price of $0.27 a share in May of 2006 and the mean closing price of $0.44 a share in July of 2006 is: $0.44 - $0.27 = $0.17 Percent Gain: $0.17 / $0.44 = + 62.96% Conclusion: The mean closing price of NLST between the month of May of 2006 and the month of July of 2006 has TRENDED UPWARD by a percent gain of + 62.96%!!! Here are some more interesting facts: During the month of June of 2006, NLST hit a closing price of $0.40 or above 15 out of 21 trading days or 71.43% of the time. During the month of July of 2006, NLST hit a closing price of $0.40 or above 20 out of 20 trading days or 100% of the time. During the month of June of 2006, how many times did NLST close at less than $0.40 a share? Answer: 4 times. The dates were June 01 ($0.38), June 06 ($0.39), June 08 ($0.38), and June 20 ($0.39). During the month of July of 2006, how many times did NLST close at less than $0.40 a share? Answer: NONE Here is one last fact, albeit an inconclusive one. During the first 4 trading days of August of 2006, the mean closing price of NLST, when rounded to the nearest cent, is $0.50 a share. Now then. Sit back and reflect upon all of the above for a few minutes. Has the Munchkin Man provided sufficient proof that NLST has trended UPWARD for the past 3 months instead of DOWNWARD for the past 3 months? As stated by the original poster: "This stock is trending downward and has been for a month." Who is right? You be the judge. Good luck to all. Best Wishes, Munchkin Man [/QB][/QUOTE]
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