posted
This looks like it has bottomed out and is preparing for a run up again.... It is oversold and the stochs are leveling out getting ready to turn up. A doji formed on Friday which could be the first sign of a reversal. See the chartschool writeup on Doji's... http://stockcharts.com/education/ChartAnalysis/candlesticks2.html
I have bought back in and will look to get more Monday when the rest of my funds settle. The price now is less than the start of the last run up which we all know went from 0.001 to 0.0040...
And don't forget, news could come out at any time in regard to the LOI for "Imagine It" (owner of Celebrity Poker naming rights). This by itself will propel this much higher. With the Low O/S (appx 260million), this one is WAY UNDERVALUED!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
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posted
I may have asked this ? on the wrong board before.
FOT, in your opinion, why did it come back down so far. Was there dilution, delayed news, P&D, or just daytraders getting out? It looks very interesting, I am thinking of maybe buying a few shares next week. I have also watched the show on Bravo a few times and find it very entertaining. Thanks... By the way are the markets open on Monday?
-------------------- It's easy to sit there and say you'd like to have more money. And I guess that's what I like about it. It's easy. Just sitting there, rocking back and forth, wanting that money. --Jack Handy Deep Thoughts
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