There is no question that the Technical picture here looks quite positive. The question is why then has the $ volume in trading been so meager and the bull position here is represented essentialy by 3 or four posters one of whok can only follow the gold market that has been collapsing over the past few nmonths.
Who cares if the bull position is represented here by 4 people. The bear position is represented by 1. Hmmmmmmmmm, makes you think, huh?
Low tapering volume consolidation taking place right at the highs after a spike in volume and price is incredibly bullish, the volume will explode on a break of .63 - .65. Mark it, Donny. And who cares how many people are on the boards? First off, we're still early to the game here, this has MUCH higher to go. Second, I like that there's no promo or pump jobs going on, for obvious reasons.
JSDA has already been my best trade of the first half of the year, and by the looks of things it's very likely going to be my #1 from the second half as well.
Only a fool would think that is what would make anyone think. The Bear her has been here for years since he lost his shirt buying share near $30 years ago and rather than accept responsibioity his supidity he blames every new management team that comes on board.
if you are that dumb not to understand the importance of only a handfull of, what I can only calculate are, penny ante players from the content of their posts then good lucjk on your investment strategy.
I don't know what you own here but I own a very speculative penny stock that may be on the verge of gaining some stability in a niche corner of a very big market. It is not and even with s large degree of success will become a significant payer in the specialty soda and drink market. I'm banking on them just being recognized as a profitible company whose value will either become more apparent to a larger segment of the speculators marketor an attractive acquisiton for alarger company with clout in these markets.
In the meantime with infantile posters carrying the ball for the bulls here I'm not that sure this is where we will wind up. Like i said it's a penny stock speculation.