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» Allstocks.com's Bulletin Board » .11 and Up! » HMIT..major FEC government news! (Page 2)

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Author Topic: HMIT..major FEC government news!
dtrader
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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.
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Mo_Money
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Too bad, this one is going down again!!!!

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"Making money feels good"

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Gary59
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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..

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dtrader
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I have that sinking feeling in my stomach.
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Gary59
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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

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dtrader
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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.
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Gary59
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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..

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jon clogger
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Is this still a good buy a .18? I'm thinking about jumping in. Thanks.
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jon clogger
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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?

Thank you.

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Gary59
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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..

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Gary59
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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
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dtrader
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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
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Mo_Money
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Guys you think this one can go deepper like .15 or .12 cents? i want to buy at the lowest price!!!

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Mo_Money
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dont worry dtrader im shure this one you gonne see it at .60 or .80 very soon maybe starting the next week!!!

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"Making money feels good"

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jon clogger
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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.

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BloodHound
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http://www.allstocks.com/pinknews.htm

could that be the reason for the sell off?? just another pink with a bull**** merger, maybe still good for a flip tomorrow

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who says you cant trade stocks at 17!!?

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dtrader
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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.
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dtrader
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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.
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Mo_Money
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Ufff!!!! .15

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dtrader
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I dont get this, Why the sell off on good news?
.135 now

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Mo_Money
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.13 I cant belive this stock!!!!! I think is my time to get in!!!

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dtrader
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they are f-ing with it big time. This is driving me crazy, I can't stand to watch anymore.
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Mo_Money
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Well guys, I pick 25,000 at .135 Now lets see what happen!!!!!

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dtrader
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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
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Mo_Money
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Damn men, we start loosin today!!! .091

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"Making money feels good"

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dtrader
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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.
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Mo_Money
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I will hold too men!!!

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"Making money feels good"

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PCola77
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I think you guys were just a bit off on this one. under .03 now and no signs of life.

Hope none of you got hurt too badly.

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dtrader
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unfortunately I took a $6500 hit, expensive lesson for a newbie.
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PCola77
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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.
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