Watch this stock. News out today. CEO cancels 5 million shares.Now only 15.5 outstanding shares. Last year this ran to a dollar fron these levels.
Posted by mr money on :
Ask at .054 now. This stock moves fast and easy.
Posted by mr money on :
Been trying to buy at ask .054 for 5 minutes now. Still no fill. MM's have no shares.
Posted by mr money on :
Only got filled for 5000 shares at.055,then they moved ask to .06.Guess I'll move order up.
Posted by mr money on :
Loaded up nicely now at .05- .055.Gonna payoff nicely soon. I expect a PR blitz to be coming soon-just like last year.
Posted by mr money on :
.07 x .066 now !!!
Posted by mr money on :
Anyone else plying this?
.075 x.07now!!!--Plenty more to go IMO.
Posted by JimSC on :
quote:Originally posted by JimSC: Great find, Mr Money.
Thanks JimSC. Made a killing on it last year. Been waiting to re-enter. Now looks like a good time. A few more PR's and this one will run hard with only 15.5 million OS shares.
Posted by MB on :
Ok, I am in...
Posted by MB on :
.06x.068 looks like it wants to go up from here...
Posted by Forrestgump on :
Impossible to get shares at the ask!!!!
Posted by Forrestgump on :
Still waiting to be fill at the ask...!!!
Posted by Forrestgump on :
Great, just my luck this thing gonna run hard and I cannot get in...
Posted by Forrestgump on :
Company Stock Information Shares Outstanding: 15,563,750 Active Float: 4,805,000 (approximate)
...that explain why I can't get shares... float to low!!!!
Posted by Repoman75 on :
Remember, if its tough to get in, you'll never get out.
Posted by MB on :
wasn't hard at .065 fwiw...
Posted by Forrestgump on :
My order must be the last one on the MMs list!!! MMs playing with the ask. This thing gonna blow hard...I need to get shares before the run...
Posted by toad wallstreet on :
Im in .068
Posted by Stockman13 on :
wacky spread?
Posted by mr money on :
quote:Originally posted by Repoman75: Remember, if its tough to get in, you'll never get out.
Not true --just got to sell during the run. This hasn't even began yet.
Posted by Forrestgump on :
No action since 2:52...!!! EOD could be interesting or tomorrow gapping! Any thought!
Posted by Forrestgump on :
Breaking .075 is the key... after .11 and then not much resistance...Could be fun to watch in coming days if juicy news is realease...
Posted by Forrestgump on :
Been fill on the bid...seem to me MMs don't have much shares...waiting each time to find sellers before concluding a trade...We need more volume!!! I feel like talking to myself...anyboby home!
Posted by jakeo on :
Im likin it as well, on the bid for the past 45 mins, only been filled for 5k shares though
Posted by jakeo on :
got it all
Posted by Forrestgump on :
Nice close today...!!!
Posted by Forrestgump on :
Nice close today...!!! Seem oversold to me but this is normal at the end of a trend. MA 20,50 and 200 changing nicely up north.
Posted by MB on :
Good close...Looking forward to the rest of the week.
Posted by Forrestgump on :
Thanks Mr Money to have bring this stock to our attention.
Posted by mr money on :
No problem--Hopefully they will start releasing some pr's and we can get another nice run out of it.Gotta love the low float.
Posted by Forrestgump on :
...and the chart too is great...Breaking RSI and soon MACD. Very nice HOD yesterday... Volume alert and also new trend - uptrend forming - MA22,50,200...
Posted by money 76 on :
bid and ask is over yest close
Posted by Forrestgump on :
According to my chart understanding, if we break .075 and .11, there is no limit after that. If we double yesterday volume, this thing can fly til .51. So let hoe a little bit.
Posted by MB on :
Hoping for a slight pull back this morning to pick up a few more before this leaves the station.
Posted by Forrestgump on :
I have been filled at the bid yesterday...That tell me how low is the float. MMs need to wait for sellers... Any big volume on this one and we could fly...Hope some group player see what I see in this one...even without a substantial news...we can jump on or around .51 at least!
Posted by MB on :
Thank you now for the ride...
Posted by Forrestgump on :
Down on low volume...!Half of the float have been trade yesterday. Just a normal situation here. Profit taker and impatient trader. Look at the trend not at the day to day trade.
Posted by MB on :
freeing up some cash to get some more here...a CEO doesn't cancel shares unless he believes his remaining shares will more than make up for the loss imo...looking for PR's to start soon.
Posted by MB on :
coming right back!
Posted by Forrestgump on :
Great entry point at this level...If CEO cancel shares...he don't need money for future development or he can borrow some on company asset...This was a great news yesterday and I don't understand why people not jumping at it while still undervalued...One of the stock market stange behave...!
Posted by mr money on :
Still holding all shares here. Short term this stock should make a nice run..imo
Posted by MB on :
fully loaded bring on some news...
Posted by jakeo on :
WELLLLLLLLL There is only one thing that you can do when your down on 30% on a stock like this... And thats average down! Bring on the run!
Posted by Forrestgump on :
Posted by: Dream
Date:6/7/2006 5:25:28 PM
I got a feelin that something is going to happen here soon. I will admit that I am a bit confused about the share structure though (see below). With that being said, now we see large trades going off after the close. I think that the company is selling shares for some reason which is why I thing we'll see something develop here soon (just a guess). If that share structure stays the same, once the seller is done, this could pop very nicely. JMO
FROM THE 10Q As of March 31, 2006, there were 14,158,750 shares of the registrant's Common Stock, par value $.001 per share, outstanding.
THEN THIS: CEO Christopher M. Dubeau stated in part, "I have canceled these 5,000,000 personal shares to reduce the amount of issued and outstanding for the shareholders."
NOW THIS: FROM THEIR WEBSITE: Company Stock Information Shares Outstanding: 15,563,750 Active Float: 4,805,000 (approximate)
Obviously shares were issued and probably has to do with that 1-E filing on 5-2. This is most likely related to the blocks we saw after hours yesterday and today. Maybe a merger coming? We'll see
This has been the first PR in about 4 month too.
Posted by MB on :
B/A tightening...news soon?
Posted by MB on :
looks like big dump is over for now...anyone else getting off? I am ready for ride back up. News please...
Posted by Forrestgump on :
Chart look almost ready for a big bounce...Just a matter of time now!
Posted by Forrestgump on :
I am trying to load at .035 since half a hour and no luck yet...!!!
Posted by MB on :
If it stays down here I will buy again on Monday when more $ clears.
Posted by jakeo on :
definitely has been consolidating at the .035-.040 range... bought some more at 35 today
Posted by Forrestgump on :
I add some at .04 today. Big buy at the EOD. Chart show a slowly reversal uptrend also. Moreover we should get news next week.
Posted by Forrestgump on :
with a float around 5 millions of shares, any major news coming from this company should bring pps around .51 cents in fews days. News will come, maybe no later than... this week. Big buy occur at the EOD last friday. Rumor about merger...( not yet confirmed)that would explain why M. Dubeau, has canceled 5,000,000 personal shares of common stock reducing the amount of issued and outstanding to 15,563,750. Anyway, we have to wait for more news. Jakeo is right, ABDE is in consolidating phase and chart show a slowly reversal uptrend on oversold and bollinger band is ready to rebounce.
Posted by mr money on :
Still holding and accumulating at these prices.
Posted by JimSC on :
ABDE MMs will raise the pps to unload their inventory -- they have the power to do so because they hold the majority of the shares now. This is a gamble and the MMs are always the winners. To win the game, you must play on their side.
Watch list: FGFC CBCL RSHN
Posted by MB on :
Been trying to get filled at .04 all morning. just 5k filled so far.
Posted by Forrestgump on :
Patience....This stock gonna fly high. I am waiting for news.
Posted by Forrestgump on :
Good indicator will be HOD...pps!
Posted by MB on :
Looks like this has found bottom. No sellers under .04... picked up another 20k today.
Posted by MB on :
They have had it spread out here all day. I think we see news soon...
Posted by Forrestgump on :
I am monitoring all indicator MACD, Bollinger Bands Oscillator, comodity channel Index...they all point north... I do agree support at or around .04.
Posted by Forrestgump on :
DOW, NASDAQ, AMEX all down...!!!
Posted by Forrestgump on :
Interesting chart in a bear market...won't take much with a float of 5M to bring this stock north!
Longer we stay in sideway higher will be the uptrend...! Thats a T/A fact...Hold on to your hat and watch this one closely if you are not already in...!
Posted by MB on :
L2 thinning this morning Posted by Forrestgump on :
This stock maybe a gems in downtrend market all over the world. Japanese market was down today...
Posted by jakeo on :
WOOOOOAH. WTF ABDE. WTF.
Posted by MB on :
Fire Sale....wish I had $ at the moment.
Posted by jakeo on :
MMs getting as many shares as they can before the run up?
Posted by MB on :
Wow HDSN has some shares to unload...unreal
Posted by MB on :
Forrest..that you running?
Posted by Forrestgump on :
Down on low volume. We have been trading sideway since the last run...support at or around .03. Any good news could bring this up except if MM need to reload their inventory...MM's shaking the tree to grap cheap shares...
Posted by MB on :
800k IS good volume for this stock...someone is dumping.
Posted by Forrestgump on :
I don't know why...but I am not very surprise at all about the actual stock fluctuation....
Posted by MB on :
That was a lot of shares to absorb at the .03 level. Unless the company is the one dumping there cannot be much more in HDSN's pocket..that was almost 20% of the public float. I will watch carefully and wire more $ in the morning for possible bounce...
Posted by Forrestgump on :
I check twice and the float remain de same... Last week MM's fill my order at the bid and never reflect it at the ask. Was it to scare buyer's? Was it cos they have alot of shares to sell? My feeling, but I maybe wrong, MM's sold shares they didn't have and now they need to cover...before buyers find out and nail them with big buy...
Posted by jakeo on :
Im with forest on this- No change in the float, and it was such a good day on Monday with speculation generating a positive uptrend. Only thing that makes sense is scare tatics, tommorrow we will be green.
Posted by Forrestgump on :
On 2 years chart
Hit 1.05 in january 18, 2006 on 265,000 in volume and drop on or around 3 millions. Last week ABDE went up at .075 on 1.8 million in volume...Something - I hope positive - is brewing here cos more volume activities in last days than last few weeks with the same amount of shares availables. I see a kind of head and shoulder forming on chart, this is a very powerful uptrend sign...
Chart look good. I was expecting some news this weeks...so far nothing...still time to load, I suppose!!!
Posted by jakeo on :
annnnnyday now... yep... anyday.
Posted by MB on :
Anyone else still on this? Added another 16k yesterday.
Posted by MB on :
Capitulation today 2.3M traded closed .02
Posted by jakeo on :
im still holding
Posted by MB on :
Holding and adding...sent an email to CEO yesterday asking for and update. Will post any response. Also asked if any changes to share structure. Looking to add again Monday FWIW..
Posted by MB on :
Added another 10k at .02 today
Posted by stocktrader22 on :
Looks interesting...why is it at .02 with such low O/S and float, and CEO canceling shares? I have no money right now, still waiting to be settled, but I'm in on monday
Posted by JimSC on :
This is one of MMs' games soon. When they liked a stock, they first pulled it down to collect shares. When they get the majority of the shares, they will raise the pps and unload their inventory. You can not do anything about it, but you can join them -- if you get money and patience, because you don't know how long the MMs are going to collect their shares.
Posted by stocktrader22 on :
Volume with this is an issue though, some days it has 0 volume lol!
Posted by MB on :
As long as it stays down here in the .02-.05 range I will be adding as $ is available.
Posted by stocktrader22 on :
Why did this jump from like .02-$1.00 last year?
Posted by MB on :
Looks like selling might be all done. looking for this to move back up soon. adding again on fri.
Posted by MB on :
added a few yesterday and today.
Posted by MB on :
on the rise this morning .02x.023...finally!
Posted by stocktrader22 on :
So whats the deal, this thing is a super low floater, and its been getting beat to death at .013 now
Posted by stocktrader22 on :
Anyone have an opinion look at accumulation at .013 today..I think this is ready to bust out?
Posted by MB on :
Ye ha! .025 now .023x.027 and rising....
Posted by stocktrader22 on :
I sent them an email, and it couldnt be delivered.
Posted by MB on :
.024x.027 starting to get some volume over 1M so far....
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now for the ride...