Watching this more for a technical play. See if it can move back over the 200dma @ 1.22. Short term target is 1.35 - 1.40. Check the recent form 13's also. only my opinion.
Posted by Happy Valley on :
You still follow this one Boo? Holding the 50 day and bollies starting to tighten up a bit. Anemic volume and loaded with shorts (about 14 days to cover). Fundamentals are a train wreck but I have seen worse squeeze on news. Any potential catalysts coming up?
Posted by BooDog on :
Took this one off my list a couple months ago i think. I'd have to look at it again. I'll put it back on my list and try to keep an eye on it.
Cheers.
"While we intend to engage in efforts to regain compliance, and thus maintain our listing on The NASDAQ Global Market, there can be no assurance that we will be able to regain compliance or keep our listing on The NASDAQ Global Market or transfer our listing to an alternate NASDAQ market. Furthermore, if we pursue a reverse stock split to regain compliance, we would not expect to issue fractional shares of our common stock and therefore the holders of our common stock may have all or part of their holdings exchanged for cash based on the closing price of our common stock on the effective date of such reverse stock split rather than retaining their proportional amount of common stock in the Company."
Posted by rcajht on :
The chart looks good, ready to soar
Posted by Happy Valley on :
I love these low volume/high short set-ups...Volume really drying up here, If you use Septembers volume as an average, days to cover is closer to 50. Still needs a catalyst to force them to cover. Holding Jan $1's, we'll see...
Posted by BooDog on :
quote:Originally posted by rcajht: The chart looks good, ready to soar
Nice move Friday. Pretty cool site too, stoxline. Checking it out a bit.
Dead cat bounce or just dead!!??
Posted by BooDog on :
Chapter 11, man they are getting tore up pre market. And STILL the are issuing compensation.
Posted by BooDog on :
I screwed up my flip, got in a little too early and ended up taking a small loss. If I would have waited just a few more minutes I would have had .06's in premarket and be golden. Doubt I'll mess with this one again. On its way to pinky land.
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