Great technical analysis. Not my typical go to str
Post# of 56324
Posted On: 04/15/2014 8:52:12 PM
Great technical analysis. Not my typical go to strategy for analytics, but you definitely know what you're doing. Good note on SEC cleanup, but I particularly like the note on the RS absorption. This has to be happening at this point. I find it hard to believe someone (or more likely, some institution) who got restricted shares at the value they got them at wouldn't be selling off with recent return. We want investors that have something to gain by going long now, not at a fraction of a cent, where they are free to sell at any time. I was surprised when we broke support at eight cents, but SMA100 would be rough. However, if it means those RS are continuing to enter the market, I'd prefer that to a price increase at this point in FITX's growth. Let me know what you think on this.
-CI
-CI
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