FXL DAILY RSI OVERSOLD, page-5

Hi Slabbed.

I appreciate your diligence in sharing information and encouraging intelligent debate. Thank you.

I chart all my stocks and find it helpful to do so. I am not finding FXL easy to chart just now. Not because of the current share price.

It is due to the fact that the price was in limbo during the capital raise and had previously been manipulated by shorters.

Add to that a stock that has just completed a capital raise for the purposes of international expansion and we can no longer make any particularly accurate forecasts as there are still too many unknowns to come. We just don't know what's coming down the pipe.

The biggie for me is what the capital raise was intended for. I assume we will find out over the next few weeks with an announcement or two.

I do think it's a shame that the share price has been manipulated but hey, I've held this stock for a while and one thing you can be certain of is that it goes both ways. It goes down but it also goes up just as often. Many stocks are manipulated by shorters It's how other people choose to make money.

My charting shows it going back up over a certain period of time - I don't know when the announcement on CR acquisition will be and that changes everything.