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I predict an early run with a slight pull back later in the day unless there is something going on behind the scenes that we don't know about. Could today's gains be in anticipation of possible news tomorrow or Wed.?
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quote:Originally posted by Doniboy: I think its funny that some of the IHubbers are talking about how low the volume was. This thing traded in teh top 10 of all pinks for volume.
i dont think so! unless they mean dollar volume.
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posted
today was so strong, that I think we could see a very limited number of dips, and I'm not sure they'll be significant.
It was pretty much a steady climb today with the biggest dip going from .67 down to about .62-.63 and then rebound back to .68.
I would be afraid to sell this thing right now. RSI is about 80, but it's still lower than it was when we had the previous pullbacks. Plus we're expecting 2 PR's in the next 4 days, so that pretty much negates the RSI.
Looking for another green day tomorrow myself.
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posted
agree with Baxt, pinkies dont go with regular stok analysis patterns, precisely for the reason that they are based more on the future potential of the company, rather than the current potential. GLTA and i hope everyone is ready to see $1 before end of this week.
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quote:Originally posted by Baxt06: today was so strong, that I think we could see a very limited number of dips, and I'm not sure they'll be significant.
It was pretty much a steady climb today with the biggest dip going from .67 down to about .62-.63 and then rebound back to .68.
I would be afraid to sell this thing right now. RSI is about 80, but it's still lower than it was when we had the previous pullbacks. Plus we're expecting 2 PR's in the next 4 days, so that pretty much negates the RSI.
Looking for another green day tomorrow myself.
RSI Means nothing during a buyout. Absolutely nothing.
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I am a bit nervous on this......it's gone up so high so fast....will it dip on buy out being rejected??? That's my only fear.....I took a little profit today but still holding to 80K.....want to get back to 100k....maybe we'll have a good dip if news is delayed......if OTCBB listing announcement comes, look out....that would be perfect....OTCBB listing, then the buy out PR.....send this to dollarville fast!
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I never really felt that the price of oil has been affecting the price of NDOL as much as everyone keeps saying. Its true that the buy out price will be affected, but right now NDOL is moving on anticipation of May 1st. I believe that we will see steady green days this week and then hopefully a rocket as news of the buy out occurs. If however, the buy-out doesn't happen the stock may plummet. I hope not, but it may. The move to OTCBB would be phenomenal as long as it happens after the buy-out is announced or before the buy-out. If the buy out fails and then the OTCBB happens it may not be that great.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell
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In my opinion, a non buyout would be better for the longer term. Buyout may fetch us $2 a share, but once production starts in June, within 6-12 months shares should be trading in the $4-$6 range easy.
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i am not sure if lot of people got into this because of buyout and if thats what has driven them into this stock.. then i guess they might be disappointed. OTC listing is confirmed. but buyout may or may not happen. either way the stock stays above $1 because of the good fundamentals and proven reserves under belt of the company and its transportation infrastructure etc. there is a very high probability for shorting, and i truly wish MM's give this stock such a HUGE shake that shorters get off the board and let the stock sail.. GLTA..
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personaly i exspect a PR confirming the move to the OTCBB by the end of the week or sooner, the company has stated in thier last PR that they exspect to be able to announce details of the buy out offer no later than may 1st, a may 1st PR about the buy out would be timed perfectly, once they start trading on the OTCBB other players will come on board pushing up the price even further. the rest of the week should be VERY GOOD to us stock holders!
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I'm wondering if NDOL is still even thinking about moving to the OTC, if they are thinking about accepting the buyout then what is the point of gonig to OTC? Please correct me if I'm wrong.
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Have you heard they are accepting the buyout ccvle? The last I'd heard, I'd heard nothing.
I guess what I'm saying is, this company is not stopping their progress because of an offer. They are going to continue moving forward, even if they're considering an offer.