the buy sell tree, charts, and gaps wrt to esi fpo, page-7

Thank you Rupert for posting something different to recent bandwagon rah rah

The recent surge in the share price is primarily driven by nervous impatience of the some in the market not wanting to "miss the train" as the toot-toot's would call it. With an impatience sentiment all prevailing to some then the cartels can work HC and the share price to drag in those with a ESI portfolio still sitting well down in the red and there are plenty of them out there. Hence the screams of "PARITY" from the boundary lines when a break even is finally hit after many nervous hours leading to years.

Putting ESI high on the "Most discussed" ladder is nothing but a decoy. The ONLY bits worth reading are company announcements, referred research papers and news items.

"Announcement likely this week / tomorrow " has reoccurred almost every week for year after year. Until there is a formal announcement which could be weeks or months away, which is not "today" as some have already posted. Meanwhile those cartels holding large amounts of stock with repeatedly dump in order to frustrate all the toot-toot's and start the greed <-> fear cycle all over again.

The wigi board mobs can keep their bollinger bands, dojis and all the other "indicators" to roll out when it suits because in a penny stock surrounded by the elevated the greed <-> fear cycle this stuff indicates jack-nothing as it canbe easily manipulated.

If there is no announcement next week then we are back to $0.011 by next Friday so lookout for a dumpy-dumpy this afternoon.

A fair price is around $0.01 +- 0.001, with some short-lived sanity prevailing until an announcement that will lead to a takeoff or be rapidly exited just as before. Could well be dragged to $0.008 in the next few weeks if all is quiet on the Indian front and a deal/no-deal is still 6 months away. Having worked in big corporate sales some international deals can take up to 2 years to ratify and sign.