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I thought this was good news? I don't know why there is a sell off. Probably because I bought more. I have the worst luck.
Posts: 66 | Registered: Apr 2007
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I just got back in and cant belive this , They cancelled 106 mil insiderer trading and are going to buy back common shares? I wonder if its more of a MM shakeout to get more shares?, and like dtrader i bought more yesterday at .43 thinking this would run and volume is over yesterday by 500k already..we will se what happens after lunch sometime takes a while for news to spread too..
Posts: 1986 | From: Florida | Registered: Mar 2006
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Analysis Bollinger Bands HMIT is trading near its lower Bollinger Band. This suggests that the stock price is low relative to its recent price action.
RSI The RSI is currently at 43.83% which indicates that the stock is neither overbought nor oversold. Note the trend of the RSI to see if the internal strength of HMIT is improving or weakening.
Price Channel HMIT is trading near its lower price channel band. This suggests that the stock price is low relative to the action over the last 5 day period
Looks like everything is showing trading too low now might be MM games to create a selloff to get cheap shares. Not sure what you are going to do dtrader but Im holding to see what the day brings ,, because watching the L2s on this a lot of buys have been coming in with this today so looks more like accumulation at lows than selloff.. Just my opinion though Gary
Posts: 1986 | From: Florida | Registered: Mar 2006
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I am going to hold, my gut tells me it will go back up, I have a feeling a 1.00 is not out of the realm of reality. They are playing with this stock.
Posts: 66 | Registered: Apr 2007
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It probably will hit $1.00 some time soon but I try not to hold anything for long and get out with smaller profits when possible because these stocks get hammered all the time , so catch it rising get 10 or 20 % hop out and wait for another one .. I am averaged at .47 and would have got out today at .40 to cut losses but i was away for a while, and with all the news and LOIs out about this it might just pop again to the .55 range and then Im out again plus im still working on profits from the last few filps as well, so its not hurting too bad but still hate to see red anyday..
Posts: 1986 | From: Florida | Registered: Mar 2006
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Let me elaborate, since reading the last post and not knowing how to edit myself, what I said could come across sarcastic, and that's not my intention.
I know the news sucks, and the price came down, would you buy back in on this?
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Im not sure at this point im just holding because of the loss I have already taken,, but a LOT of trades have been going through at these prices all at .22 and that MIGHT be bottom I am not sure and I dont think anyone but the MMs know at this point. I am still trying to figure out why it dumped so low , this was over $6.00 last month and had what they called a dividend of 4 to 1 shares so basicaly it split but look at all the news and new sales with this company.. So I am throwing my hands up and watching right now.. Seems like everytime I have to leave and come back to the computer it dropped 10 cents , Im down so far now I am just holding , my opinion her again ,. Seems like if you want to make money just do the opposite of what I have done today..
Posts: 1986 | From: Florida | Registered: Mar 2006
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Oh and jon , didnt come off sarcastic but to edit you have to go back to your post before another post is added then hit the icon above your post with the paper and pencil, edit then hit add reply at bottom
Posts: 1986 | From: Florida | Registered: Mar 2006
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all I have to do is buy a stock and it goes in the ****ter. I have the worst luck. I am new to this but boy you think I could get a break one of these times. I thought the news that came out today was good news, did I misinterpret it ? I dont know! I am keeping it now until it pops again, my average is .37 12000 shares
Posts: 66 | Registered: Apr 2007
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Thanks Gary. I was in and out of AVNR like 6 times today and lost out every time for about $1500. I'm not sure if anyone came up in these conditions.
Hopefully the silver lining comes tomorrow.
Posts: 602 | Registered: Aug 2005
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I like the new news. I bought more at .19 for a total of 20250 shares at an average cost of .29 I hope this is a winner tomorrow, this can hopefully pull me out of the big hole that I am in.
Posts: 66 | Registered: Apr 2007
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I don't understand this stock, More good news, high volume but stock going nowhere! Oh well my big hole is now bigger. Still holding and waiting for something to happen.
Posts: 66 | Registered: Apr 2007
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I averaged down again, I have 30770 at a cost of .24, I guess I will either make some money or lose it all. I wish I had your cost factor
Posts: 66 | Registered: Apr 2007
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I am still holding, I think this will go up eventually. If they get the buy out this will pop. I have no choice right now I am down too much I have to hold and be optimistic.
Posts: 66 | Registered: Apr 2007
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Sh*t, that sucks. Make sure you don't try to make it all back at once. Slow and steady, as they say.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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