Also of note is that there was a lot of insider buying in May of this year. It appears that about $1,000,000 worth of stock at .06 was purchased by insiders...
Another thing to note is that their director stepped down on 11/13. This seemed to cause the latest decline in price. I think the market overreacted and it will correct itself very shortly.
posted
You beat me to it skip. I was going to post a thread on MHTX, but I also bought FCPG today too. I saw you posted there too. You reading my mind?
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
| IP: Logged |
No open SB-2's or dilutive filings. Couple of S8's in the past two years. Guess employees have to get paid too, nothing abusive or unmanagable when it comes to dilution. The deeper I look the more I am liking this one.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
| IP: Logged |
quote:Originally posted by will: You beat me to it skip. I was going to post a thread on MHTX, but I also bought FCPG today too. I saw you posted there too. You reading my mind?
great minds think alike!
Glad to see you post on this one, definitely gives me confidence in the pick when I see you in it as well.
I am also in FCPG. These 2 were my bargain buys during the after thanksgiving day sale. I like both of these for a nice run here soon...
Posts: 2741 | From: Seattle | Registered: Feb 2005
| IP: Logged |
posted
I really like MHTX a lot, nice clean filings and very oversold- the beginning of a short channel, perhaps, but will pop very nicely when it decides that it is time. Both the o/s and a/s are very, very managaable
I was too busy stuffing my fat face with some bagels to buy this before the abbreviated day ended. I hope I can get in on Monday...
Posts: 949 | From: Little Rock, AR | Registered: Dec 2005
| IP: Logged |
posted
You might be able to buy Monday, bilgert. Looked like they wanted to slip that Bid down a bit before EOD, but ran out of time. Monday's a different day. Don't know though, skip has been sizzling. He posted a thread on LTII the other day, and ten minutes later it was gone !
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
| IP: Logged |
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
posted
just by my analysis, if it's right cool. This has been downtrending and will most likely have short bursts up and then die off and dip lower. holdong this for more than a day even is risky. Keep in mind news can change perception in a hurry. Great pick Skip. These are great to watch for the right entry.
Just my guess
keep an eye on the CMF and the MACD check your 10 day to present charts. They have been most promising indicators to me. Looking for the squeeze on this using a 5 min 1 day avoiding a possible gap in the am a buy after the pull back should fill at .018. IMO a little gutzy but the volume is still low enough. indicators show they are just about ready to turn. We'll see. looking for the bottom. If it gets the attention it could just pop.
You have been around longer than me so I just wanted to share my opinion with someone else. Cheers and good luck.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
RSI starting to turn up, OBV got a nice kick up as well. Big white candle would be nice tomorrow. Posts: 2741 | From: Seattle | Registered: Feb 2005
| IP: Logged |
posted
cheers M8. didn't pull back as much as i thought it would. these low volume plays are purdy darn tricky. Good luck tomorrow!
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
Today a Long White Candlestick was formed. This shows that the prices advanced significantly from open to close during the day under strong buying pressure.
posted
alright, now she is getting better. Nice white candle and the first upturn in the A/D line in a long time. Ample time to get in today if you wanted to. Up a meager 5%, but, it is still very oversold.
posted
someones been bidwhacking all day, at a 52 week low, double bottom, lol just when it gets going. figuring arca saw it and wasnt gonna let an oppty let go
posted
still pretty low volume here. I do like the strategy of buying a little where you're comfortable and then more where your charts say it could go. now the question is what this will open at tomorrow and for the next couple days. If volume picks up or not to hold this.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
posted
eod was a shake on low volume,mm's putting fear of death into investors, lol.. this reminds me of WNED, i bought into that and accum. under .014 constantly when charts were at a double bottom. with hardly any vol, took a couple weeks of me talking to myself in WNED thread, lol.. but it snapped around and went to over .02.. which was my exit point. I just started buying this. if it goes below .018 support tommorow, i'll wait and buy more. Its at a double bottom and ceo tells me updates are coming. either ceo is FOS, which I doubt, or this is undervalued.. looking at accum line, i am wondering how much lower? I am only buying..
All that said, we still might get a chance at .015 or lower tomorrow, if that is the case, I will double up. She'll bounce at some point.
Posts: 2741 | From: Seattle | Registered: Feb 2005
| IP: Logged |
posted
PUPSE ran today on only 2.8mil. Yes, its more volume than normal but its not a substantial amount for such a low PPS. MHTX might just run tomorrow yet...I'm in at .019, if it dips lower I will grab some more..and hang on.
Posts: 725 | From: litte rock AR | Registered: Oct 2005
| IP: Logged |
was ment to say it will hold this level. IMO it will, or dam close to it.
oh... and as a fisherman... I can talk to myself for very long extended periods of time. LMAO
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
![[Cool]](cool.gif)
![[Roll Eyes]](rolleyes.gif)
