Honey I Shrunk The Chart.. Anyone remember the
Post# of 1023
Posted On: 02/24/2016 11:54:38 PM
Honey I Shrunk The Chart..
Anyone remember the movie Honey I Shrunk the Kids? Things sure seemed small when you looked at things from far in the distance.
Maybe this next demonstration will help bring the progress of SCIE into perspective, so lets shrink the chart a little bit..
Take a really good look at SCIE's 5 year chart.
(see image below)
Now take a look at where the arrow is pointing. See that tiinnnny little dot just below the tip of the arrow? That was yesterday. Pretty insignificant, hu?
Focusing on the daily chart, and feeling discouraged because the day ended red is just one small part of the whole picture. So when youre feeling discouraged in your investments, zoom OUT to see not where you're going, but where you've BEEN.
Notice the red MA line is beginning to head down and at the same time, the blue MA line has flattened and beginning to curl upwards. It is my belief they will cross on or before April 1, 2016 (once the 10-K is released). Sure, its all opinion and speculation and crazy out there hopes, but you know what? Why is it deemed acceptable for people to tell us how 'bad' a stock is, but we can't be happy for our own investments and hope for the best?
Well, I am hoping for the best and I truly believe the 10-K will turn this around. Again, not saying we wont have red days, but.. just read the previous post.
To sum up
Staring hopelessly at one specific days 'close' all day doesn't give you enough information to make an informed decision of whether or not you should hold, buy, or sell. So zoom out and look at the big picture. Remember what the PPS was July 9 2012? If it did it once, it can do it again. Ive seen worse companies reach .50 cents without a product.
In addition, and I saved this part for last so its the last thing you read, obviously the nay-sayers will say, "All I see is a constant downward trend going nowhere". That's nice, but back in January 2014 they were saying the same thing when the price flattened out at around .02 cents, only to jump to . 05 cents the next month.
I honestly could care less about the nay-sayers. If you believe in your investment, then nothing can change your mind. I know, for myself, that this stock is going to turn itself around. Quoting Forrest Gump, "And that's all I got to say about that".
Actually, one more thing..
Check out this chart from another stock I used to be invested in..
Notice the mega increase in VOLUME prior to the run.
I remember before the run, the only buzz was constant bashing. "Its going nowhere", "This thing is dead", "Someone turn off the lights when you leave" blah blah blah. Pretty much copy and paste any nay-sayers posts from SCIE and they'd be the exact same sayings.
My point is, stocks can do anything at any time. Its most important to know when to get OUT. Don't fall in love with your investments, or do its your choice. From my experience, the more bashing, the more likely a run will occur.
Do your own DD and don't be swayed by anyone online.
Anyone remember the movie Honey I Shrunk the Kids? Things sure seemed small when you looked at things from far in the distance.
Maybe this next demonstration will help bring the progress of SCIE into perspective, so lets shrink the chart a little bit..
Take a really good look at SCIE's 5 year chart.
(see image below)
Now take a look at where the arrow is pointing. See that tiinnnny little dot just below the tip of the arrow? That was yesterday. Pretty insignificant, hu?
Focusing on the daily chart, and feeling discouraged because the day ended red is just one small part of the whole picture. So when youre feeling discouraged in your investments, zoom OUT to see not where you're going, but where you've BEEN.
Notice the red MA line is beginning to head down and at the same time, the blue MA line has flattened and beginning to curl upwards. It is my belief they will cross on or before April 1, 2016 (once the 10-K is released). Sure, its all opinion and speculation and crazy out there hopes, but you know what? Why is it deemed acceptable for people to tell us how 'bad' a stock is, but we can't be happy for our own investments and hope for the best?
Well, I am hoping for the best and I truly believe the 10-K will turn this around. Again, not saying we wont have red days, but.. just read the previous post.
To sum up
Staring hopelessly at one specific days 'close' all day doesn't give you enough information to make an informed decision of whether or not you should hold, buy, or sell. So zoom out and look at the big picture. Remember what the PPS was July 9 2012? If it did it once, it can do it again. Ive seen worse companies reach .50 cents without a product.
In addition, and I saved this part for last so its the last thing you read, obviously the nay-sayers will say, "All I see is a constant downward trend going nowhere". That's nice, but back in January 2014 they were saying the same thing when the price flattened out at around .02 cents, only to jump to . 05 cents the next month.
I honestly could care less about the nay-sayers. If you believe in your investment, then nothing can change your mind. I know, for myself, that this stock is going to turn itself around. Quoting Forrest Gump, "And that's all I got to say about that".
Actually, one more thing..
Check out this chart from another stock I used to be invested in..
Notice the mega increase in VOLUME prior to the run.
I remember before the run, the only buzz was constant bashing. "Its going nowhere", "This thing is dead", "Someone turn off the lights when you leave" blah blah blah. Pretty much copy and paste any nay-sayers posts from SCIE and they'd be the exact same sayings.
My point is, stocks can do anything at any time. Its most important to know when to get OUT. Don't fall in love with your investments, or do its your choice. From my experience, the more bashing, the more likely a run will occur.
Do your own DD and don't be swayed by anyone online.
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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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The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
http://investorshangout.com/Joeys-Investment-Board-91611/
Invite Only
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.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
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.
YOU ACCESS ALL LINKS ENTIRELY AT YOUR OWN RISK.
The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.