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Author Topic: ADOT for real???
jeflalex
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What are your thoughts on ADOT? The company has a new product demo this month, annoucement of their initial contract sales of thier 1.5 million dollar flat panel billboards, and an IPO of Biomoda in the next few days. I have heard the specualations that they could return to their dollar a share value, but really looking to set my target price.
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Tippy
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What about GMED?
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uptrend
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quote:
Originally posted by jeflalex:
What are your thoughts on ADOT? The company has a new product demo this month, annoucement of their initial contract sales of thier 1.5 million dollar flat panel billboards, and an IPO of Biomoda in the next few days. I have heard the specualations that they could return to their dollar a share value, but really looking to set my target price.

I put this on my watch list today. Using only TA, I see a nice base with a pan and handle formation building (top of the pan ~.04) and handle now at about 0.022 and currently building a triangle consolidation pattern. Great volume and it's trailing off. Looks good using TA. Didn't look at anything else. Do your DD.


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jeflalex
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quote:
Originally posted by uptrend:
I put this on my watch list today. Using only TA, I see a nice base with a pan and handle formation building (top of the pan ~.04) and handle now at about 0.022 and currently building a triangle consolidation pattern. Great volume and it's trailing off. Looks good using TA. Didn't look at anything else. Do your DD.

Uptrend nice point. DD is always key. Thanks.


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jeflalex
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Hmmm... I wonder if the good news is anywhere in sight? Hold'n and hoping it makes it's play about the same time as IBZT.
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jeflalex
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Still waiting... this could take a while
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Uptrend
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IMO ADOT Broke out of the triangle consolidation pattern to the downside today, I was hoping it would go the other way. I still like the chart but waiting to enter if it breaks to the upside.
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jeflalex
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quote:
Originally posted by Uptrend:
IMO ADOT Broke out of the triangle consolidation pattern to the downside today, I was hoping it would go the other way. I still like the chart but waiting to enter if it breaks to the upside.

Thanks for the update on your analysis. I am expecting news from them soon since they supposedly have a demo of their Color-Check product scheduled for today.


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ticker
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ADOT needs the test to be done and bring it's product to market.The IPO will happen in do time but lets sell something.ADOT did invest $900,000 into a company stock sym GMED.
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