The zero volume today is fine by me. Yesterday was
Post# of 1023
Posted On: 02/19/2016 1:02:52 PM
The zero volume today is fine by me. Yesterday was a doji, which could make for an interesting chart set-up (or the doji could mean absolutely nothing and we resume business as usual Monday).
Among other possibilities, the lack of volume might the MMs hiding the volume until market close (and once market closes we may see the missing volume); perhaps because (and I hate to use this saying because its ridiculous), but because perhaps 'someone knows something'. Of course, 'no assumptions' is my motto and is the best way to go, so in my mind, todays just another day closer to that 10-K.
Another possibility is that this is the absolute bottom. If there are no sellers, its not going to go anywhere. If we start to see massive amounts of volume in the next several months, we'll know for sure that a reversal has begun. its easy to figure this out because the majority of sellers want to sell 'high' in order to make a profit. If the majority of holders right now sold during the last .01 phase last October, they're probably sitting tight until the next run up to .01.
As for the lack of pictures from the Arab Conference..
The amount of pictures seen online means nothing . SCIE didn't attend the conference because they wanted it to be a photo shoot for their investors. The lack of images tells me they didn't have time to pose because they were talking to future clients.
As for the conference not seeming appealing..
The conference they attended was the second largest in the entire world. Arab Health Exhibition had over 4,000 companies exhibiting their latest innovations to more than 130,000 healthcare professionals attending from 163 countries. 10's of thousands of people walked past the Wavstat display. Logistically and professionally speaking, I would cringe at the thought of SCIE taking pictures every 25 seconds.
In fact, this conference is so popular, companies can already reserve their spot for 2017
http://www.arabhealthonline.com/exhibition-fo...tand-form/
Remember, these are business men and women. They think, drink, talk, and sleep business. Their job isn't to make us investors rich. They don't wake up in the morning and think about the people in these forums. Theyre there to make a sale and to promote their product; period. The results can often times be great for us investors, but we are on their time schedule; not the other way around.
Among other possibilities, the lack of volume might the MMs hiding the volume until market close (and once market closes we may see the missing volume); perhaps because (and I hate to use this saying because its ridiculous), but because perhaps 'someone knows something'. Of course, 'no assumptions' is my motto and is the best way to go, so in my mind, todays just another day closer to that 10-K.
Another possibility is that this is the absolute bottom. If there are no sellers, its not going to go anywhere. If we start to see massive amounts of volume in the next several months, we'll know for sure that a reversal has begun. its easy to figure this out because the majority of sellers want to sell 'high' in order to make a profit. If the majority of holders right now sold during the last .01 phase last October, they're probably sitting tight until the next run up to .01.
As for the lack of pictures from the Arab Conference..
The amount of pictures seen online means nothing . SCIE didn't attend the conference because they wanted it to be a photo shoot for their investors. The lack of images tells me they didn't have time to pose because they were talking to future clients.
As for the conference not seeming appealing..
The conference they attended was the second largest in the entire world. Arab Health Exhibition had over 4,000 companies exhibiting their latest innovations to more than 130,000 healthcare professionals attending from 163 countries. 10's of thousands of people walked past the Wavstat display. Logistically and professionally speaking, I would cringe at the thought of SCIE taking pictures every 25 seconds.
In fact, this conference is so popular, companies can already reserve their spot for 2017
http://www.arabhealthonline.com/exhibition-fo...tand-form/
Remember, these are business men and women. They think, drink, talk, and sleep business. Their job isn't to make us investors rich. They don't wake up in the morning and think about the people in these forums. Theyre there to make a sale and to promote their product; period. The results can often times be great for us investors, but we are on their time schedule; not the other way around.
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
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The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
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