EYII.OB

[supergeek]

I'm taking a HUGE beating. Volume has been fairly small recently yet it's being driven down. Can anyone explain this other than the obligatory "thats pennyland for you". There was even a huge story about a chemical spill in china and it just slides further. Help me Obi Wan your our only hope.
Bob

[puenthouse]

I would love to add more, but honsetly I would wait.  Its going down down down.  Why buy and see red from the start.  Like i said, hold tight.  if it hits 2 then i might even add more, but i dont think i can stomach that % in 1 penny stock.  But this is not the first time i had to wait out a penny.  and like i said when it is at 15 cents it really wont matter if you bought it at 2 or 5.  and it will go up again later then sooner so dont worry to much.  If you look it has some spead bumbs to over come,  time will tell.

[fous]

I would love to add more, but honsetly I would wait. Its going down down down.

I agree with puenthouse (applauds). Never buy against the trend. Wait for a reversal, then buy. EYII is really taking a beating, Im happy i got out at .05 .

Though price action is approaching the all time low at .021 and an entry point could be upon us in the near future. The descending trendline is still yet to be broken and im still watching closely to possibly fill a new position. Today was an ugly UGLY day for EYII. A solid retracement on heavy volume which suggests that price action is going to continue to head south. Lets see how that .021 all time low holds up for support.

RSI dropped below 30 back in late april when it hit the all time low and it has dropped back below 30 now while approaching the .021 area. A good entry point could be a break of the descending trendline along with a upward cross of 30 of RSI.

Good luck to all who are still holding through this mess

-fousc

[Terliso]

I also got burned in EYII... bought @ .10 sold @ .0850   ...so lucky i got out (that's the good thing if you got trading plan (cut the loss)

Now, i'm here again in EYII..hoping to get my money back with interest

Good job fousc (APPLAUD)

[nberski]

Heck:

I know a lot about taking losses - a investor can buy at 10 or 2 and still loose 100% either way.   But - -  this don't look like the time to be closing out - - -

I ran into Mr. Woo down at the animal shelter getting a bag of cats -  and I asked him  --  Woo --- do you like dirty water    ----?     --- and  Woo said ===== No!  No rike.

[TRUNK]

ok.. I guess what AMEP taught us about bailing hasn't stuck.. I hope you all are making the same mistake again by dumping all your shares at the nastiest low imaginable.. but now that the despair and hopelessness seems to have set in to some sort of culmination point I wouldn't be the least bit surprised to see this thing take off to 15 cents or more now that everybody seems to have passed on their shares.   Not much different then AMEP?

Hey the little bugger was even Up 23% today.. not much to write home about when I'm 100% invested at an avg of just over 10 cents a share, but you got to start somehwere? right 

[starfire]

CodeBlueWater website translation complete. CEIEC link provided!!!

http://www.codebluewater.com/chinese/index.html

[puenthouse]

any one lucky enought to buy at in the low 2's and make a little money of this wing wong stock.  Trunk, did i read that correctly?  you are 100% in this guy?

[AussieTrader]

Jeez, I just what to make people feel a bit better if they are sweating on EYII (or in fact looking for an entry). Shareholder meeting is Dec 2nd I believe so something will happen to the stock price as a result of that I am sure, also the order news timeframe is in mid Dec or so that will also come into play.

What is a Kangaroo Tail pattern: http://www.bwts.com.au/download/redir/200007.pdf

[fous]

Nice analysis Aussie, I can always count on you to throw in that weekly chart analysis  (applauds). Gotta love those kangaroo tails! Dr. Alexander Elder the author of "Trading for a LIving" and "Come into My trading Room" was a big fan of them as well, As well as weekly charts. Im curious do you trade with his triple screen system?

For Daily chart analysis i stated the other day that a good entry point may be a break of the descending trendline and a cross back of above 30 on RSI could be a good entry point. Both of those situations just occured and along with Aussietraders weekly analysis and the bullish kangaroo tail, which is basically another term for a hammer candlestick, this is looking to be a pretty nice entry point IMO  .

Good luck fellow traders!

-fousc

[Stocky2000]

hey guys! i am back at 0.036...lets see what happens ! something is cooking...

[shipman]

Bought more today doubled down.  We have a bid! 
Chasing it all morning.  Holding tight till .15.  Sooooo
happy it's green.

[la-onda]

just FYI:

http://www.codebluewater.com/chinese/index.html

[la-onda]

congrats to all new investors 
no money left today for reinvestment 

[supergeek]

i wanted so bad to get more money in yesterday at .025 just to bring my avg. down, oh well,
at least i can take the barrel of the revolver out of my mouth and use it for typing again.
Lets keep this train rolling right on through breakeven county on right on to greensville.
bob