EQH equamineral holdings limited

Don't get yourself worked up dpdebrec, marri is someone who was...

  1. 3,899 Posts.
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    Don't get yourself worked up dpdebrec, marri is someone who was burnt in an Ikin stock in the past & can't handle other people making money with him. Who knows, he may have even bought some of my stock in a past life.

    His insightful post is further confirmation of his limited knowledge of how markets move - a 500% move in a stock followed by a 25% correction of the move is nothing short of astounding.

    Limited buying? Look at the buy side of the screen & compare it to the sell. A trip to the optometrist may be in order for marri.

    I haven't seen & I don't see buyers pulling their bids even in a weak market. To me, that is a very reassuring sign. Just because the buyers aren't chasing the stock doesn't mean there are no buyers.

    As for there being no interest, I wouldn't be surprised if this was the calm before the storm.

    EQH has run hard - very hard. If it were me, I'd let the stock consolidate at a level, which is what seems to be happening, before the next move up. This is healthy from both a fundamental & technical perspective.

    Actually, if it was me controlling the stock, I would've made the pullback even scarier. I would've shaken the tree real hard & watched the marris, sorry, monkeys, fall out.

    The last time EQH moved off a base of 20c it appreciated 500%. Well, guess what, EQH is building another base at the 80c level. Assuming the lows are in place, which given its stability on a day like today, gives me confidence that it is, another 500% move would send it to $4.

    Now I'm not saying that this WILL happen only that according to the rules of technical analysis it CAN happen. Obviously something would have to occur fundamentally to give EQH a $100m market cap but stranger things have been known to happen.

    Marri, if you are so sure that EQH is just another Ikin ramp, how about making things interesting & shorting some EQH at current levels. After all, this game is all about backing your thoughts with actions. You wanna talk the talk, perhaps you should also walk the walk. Or, perhaps a better way of putting it marri is that you should p-ss or get off the pot.
 
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