posted
Got in this one late on the run on Tuesday and then it tanked...this bugger moves FAST....on little volume. This could be the next run up. Wouldn't take much action to push this to .03
-------------------- I may be wrong, but I don't think so.... Posts: 837 | From: Madison, WI | Registered: Sep 2005
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posted
.03 ? I was thinking it could zoom to .10 just as fast..
this baby really moves fast..
chart is perfect... rounding bottom or saucer formation..
volume coming in at the right side of the saucer..
the writing is on the wall and the time to get in is now.. somewhere inbetween the symmetrical triangle that is being formed RIGHT NOW.
Posts: 261 | Registered: Nov 2005
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posted
The thing that confuses me about this one is that they haven't even filed their 3rd Q 2005 and they haven't been slapped with an "E" or delisted to the Pinks....check that...that's according to Yahoo...further review shows they have filed, have 70M o/s on 200M a/s and haven't been doing much lately...looks like a shell waiting for the right reverse merger to me, unless someone knows more.
"On September 1, 2005, the Company spun-off to its shareholders, on a pro-rata basis, all issued and outstanding shares of its 100% owned subsidiary OpenLimit AG, together with all subsidiaries owned by OpenLimit AG, which was the only significant asset of the Company.
The Company’s management is presently searching for a suitable business opportunity, by acquisition or combination."
-------------------- I may be wrong, but I don't think so.... Posts: 837 | From: Madison, WI | Registered: Sep 2005
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quote:Originally posted by BULListic: The thing that confuses me about this one is that they haven't even filed their 3rd Q 2005 and they haven't been slapped with an "E" or delisted to the Pinks....check that...that's according to Yahoo...further review shows they have filed, have 70M o/s on 200M a/s and haven't been doing much lately...looks like a shell waiting for the right reverse merger to me, unless someone knows more.
"On September 1, 2005, the Company spun-off to its shareholders, on a pro-rata basis, all issued and outstanding shares of its 100% owned subsidiary OpenLimit AG, together with all subsidiaries owned by OpenLimit AG, which was the only significant asset of the Company.
The Company’s management is presently searching for a suitable business opportunity, by acquisition or combination."
Yes. Very confusing But I don't think it is a shell either. Found this on the net.
It's a swiss company that trades on the berlin exchange, They just might be trading this stock as an adr in america. Not too sure on that though. I emailed the company for clarification .
We'll see what happends, but it looks like a security app type company.
Posts: 541 | From: Virginia | Registered: Nov 2005
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posted
Yes. Quiet is a good thing, seems like whenever it is not quiet it moves UP Big. We pretty much hit bottom now, not much action going on.
Accumalation time I guess. I'll sit tight for a while I think this baby will take off to .05 before it starts to come down again. IMO
Posts: 541 | From: Virginia | Registered: Nov 2005
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