I bought into SMA due to bullish announcements from the management team staying they had signed deals with China Mobile the world largest mobile phone operator.
This never happened and SMA transitioned into ODA
I learnt back then that listening to announcements was a very poor trading strategy.
Anyway I use my trusty charts and am making great returns.
i have another stock I am going to buy and this one is going to rocket just like I have promised with NEA.
stay tuned ;-)
NEA Price at posting:
$2.12 Sentiment: Buy Disclosure: Held