Hey! You've got bigger problems than worrying whether one of the posters doesn't fit your narrow sensibilities; not to mention, how in the he!! would you even know anyway. Focus. Focus...stock price here...going down with your money!!!
If this company had nearly the 'stuff' you give it credit for, you would have had LPC, or the likes, wanting to lend you the money you need for R&D!!!! Wotton is a loose cannon...no one with any sense would have done that RS 100:1 from such a low point; now the reality is setting in with investors. It's nuts...simply nuts!!! What are you doing? It is going down and taking your investment with it. You have got to be SUPER careful with the microcap bios and there are red flags all over this one!!!!!!!!!
Totally agree; (Using Fibonacci) target about 963.. One calculation based on (http://goldprice.org/live-gold-price.html) using candle/monthly...1437 (top of two shoulders here.) div. by 1.5; 1924.8 div. by 2...963; and lastly, Aug 31,1999, 241.49 mult by 4...966.
Thanks, reid. And I, you. People have all kinds of motivations. I enjoy having someone with whom to share tactics and opinions. I believe we have one of the few solid micro-caps...I feel very lucky to have found this one. Of course, none is a slam dunk so we have to be diligent at all times. Best to you!
reid: You are not wrong. What I meant was that (between this and IHub) at different times I posted a couple different targets depending on how the indicators may have looked that day. re: disclosure, I realized after someone who presumed I meant one thing came after me in a very irrational way on a mb. We don't know who we are communicating with; they may seem okay, but you never know. I decided I'd better add the Discl. Different world we live in....sad.
I've tried numerous small cap bios and pharmas. One of the most critical factors about this that holds my trust is the stability and strength in NH's management style. This mature man with a solid industry background has got a laser target on where he is taking this company. I know he won't rush press releases before their time just to placate impatient shareholders; I know he is not going to throw out big promises just to impress big pharma or shareholders or desperately book himself into every conference from SF to London; or do a 100:1 stock split from.07. 'Steady as she goes.' His style; and I like it.
Hi g: I understand. A long term target is about 2.55.Divide .97 by 2.55; results .38. (.382 is a primary Fibonacci number.) Recently I have been charting ISR, a bio in which I have great interest. Those Fibonacci #s have been dropping like flies and my supports keep falling away. They have a dynamite cancer cell killer (cesium something) but I had wondered if that is there only product which is why a parabolic high first qtr is tumbling sooo hard. I think now it will end close to $1, even possibly below. So you see how the fundamentals and technicals are inextricably entwined. Following AMBS, another stair-stepping (downward) price objective there, too, I believe.
g: I didn't nail the bottom. I targeted a couple of bottoms depending on the date, to be honest. Bottoms are the toughest and what you have are multiple supports. Depending on the 'news' or updated fundamentals, bottoms (as well as tops) can be affected and new
Fibonacci numbers come into play. Technicals give one better 'odds' in the overall scheme as the analyst looks at many technical indicators, then makes best judgment as to the 'target'. (Please see: Disclosure below.)
Disclosure: Posts addressing possible price targets are opinions of one individual and not intended as advice; each investor must due his/her own due diligence.
Hi reid: My software program allows me to draw line from the 04/01/11 top across top of 03/01/14. It stops at about 1.20. If I perform a Fibonacci check, using .97 / 1.20, I get .80. I like those '10' multiples; the Fib # would be .786 so it is close enough to work for me. I am reading your posts, look good. I've posted a chart on IFlub but am limited to Stockcharts (grateful to have a decent charting system that can be posted, actually.) Regards to you, the pei!
Thanks Gordon: Finding bottoms and tops is a dicey goal, but I try to give people the best of my knowledge . I will continue to post charts with explanations on the IHUB board. If I can be of help, regardless of the stock, I am happy to do so. Usually the bottoms especially are hard to detect (multiple support lines certainly makes for confusion) but as time draws near, it becomes more clear. Those you cited have malicious intent; I find it hard to understand what motivates such behavior.
Ah well, Jill...I can ignore them here and at least get my thoughts posted, which much of the time doesn't happen there. I mean, to take down a tech analysis on this very stock is going too far. It really is a #$%$ message board. I will continue to post charts with TA over there. We'll see how it goes. Appreciate your sentiment on the aforementioned-all of it.
'John: Multiply .283 by 1.382. (Do you have any familiarity with Fibonacci? If yes, you should know better; if not, you shouldn't be commenting on TA.) The .286/.283 relationship is inconsequential; you should also know that a subsequent bottom can come in slightly below the first bottom. And, there is a dragonfly doji. Let me refresh: 'The Dragonfly Doji is created when the open, high, and close are the same or about the same price (Where the open, high, and close are exactly the same price is quite rare). The most important part of the Dragonfly Doji is the long lower shadow. The long lower shadow implies that the market tested to find where demand was located and found it. Bears were able to press prices downward, but an area of support was found at the low of the day and buying pressure was able to push prices back up to the opening price. Thus, the bearish advance downward was entirely rejected by the bulls.'- Online Trading Concepts...Candlestick Patterns.
Oh, but don't let me stop you... :} S'
But, the person to whom it was directed posts calling NH a liar and calls him 'Rat' and it is permitted. Go figure.
I know who you are and you need more help than I am equipped to give. You made your choices; I never claimed to be omniscient and frequently 'remember' to advise people to do their own DD and to not follow the advice of anyone (me, certainly and wholeheartedly, included!). Now, stop your belly-aching and stalking behavior and get on with life.