posted
Here is an example of what I was trying to expain.
EYII
A few days ago it had an RSI around 20. Subscribing to an RSI theory of 30 or under this should have ran.
Add to that the volumes were higher than usual, the price was depressed to .005 / .0055. It should have really ran hard. Based on just those obeservations, perhaps back to .02 or so ?
What happened ? What aborted it when it hit the 50 Day, (which is a good bounce area) ?
The only thing missing in my earlier scenario was ARCA on Ask. Might mean another MM is handling the dilution directly. Maybe FANC he was controlling it a lot this morning. It might have a little EOD flurry, but I think it just trades sideways and/or lower for awhile.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Of course there is no sure thing, but there is such a thing as giving yourself an edge.
Here's one that has a better chance at giving a greater return, (or bounce), than EYII.
PHEI
RSI sitting at 19.75. Volumes substantially over averages lately, price extremely depressed. However there is dilution present. A Sept S8 for 130M. Might be a lot of that 130M absorbed already. 50 Day over .01, so has some room to bounce.
The bad news is the O/S over 600M without the 130M S8.
That doesn't mean it won't bounce. It only means it will stop short of an all out run.
You seem to think I am bashing or arguing with your theory. I'm not. I am only trying to add to it to enhance your chances.
Now if you find one with an RSI under 30, volumes higher than usual, price decreasing, and no dilutive filings. It has an exccelent chance to really RUN, as opposed to bounce.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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I bought at .008, (bottom, was .007), it printed .03 today.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
should have some fresh bottom busters for monday, i havent looked at all the ones posted earlier, and how they did.. but it looks like ECCI, OMOG, upticked.. MSSI held strong.... just off the top of my head.. long live the BUSTER, lol..
Posts: 6397 | Registered: Jan 2006
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posted
Managed to get in PHEI at .0046. Missed the last 15 minutes of trading, but it appears they started to run it into EOD, setting it up for gap up on Monday.
50 MA is .0115, but I think it catches first resistnace at .008, area.
I feel it won't sustain a decent run, because of the large O/S coupled with open dilution, but .008 is do-able.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
doesnt qualify for a buster, not even near oversold... c'mon.. busters only.. looking for those exreme oversold conditions. or something that bounces on a trend line..
quote:Originally posted by moe77sco: QBIT is waiting on the NOBO list to come out before it starts heading North like SSSU.
HerOutstanding Tuesday October 3, 3:35 pm ET
HOUSTON, TX--(MARKET WIRE)--Oct 3, 2006 -- Quantum Bit Induction Technology Inc. (Other OTC:QBIT.PK - News), has ordered and is reviewing a current NOBO list from ADP Investor Communications. The NOBO, which stands for Non Objecting Beneficial Ownership, list shows a more complete corporate ownership profile than is available from the transfer agent alone. "We are reviewing the NOBO list," explained President Mike Skillern. "There seem to be discrepancies which we are moving to correct."
For more information on QBIT and its projects visit our website at www.quantumbit.com.
QBIT is a technology developer that builds theoretically sensible ideas into technological realities. We work in the project areas of Power, Propulsion, Quantum Control, and Biology. Our primary interest is our Shareholders; we strive to generate value, benefits and loyalty to them. Please take the time to learn how and why, visit www.quantumbit.com and ask questions.
QBIT, in all cases, maintains project rights for its shareholders, information concerning those rights is available on the QBIT website or by contacting QBIT directly.
posted
LBTN... While not on the bottom close enough at .0002 I think you will not get any cheaper !!!
-------------------- " A man's got to know his limitations." Clint Eastwood in Magnum Force Posts: 179 | From: Virginia Beach , Va | Registered: Oct 2006
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posted
LBTN.. There are wispers on the wind of another speical diviend let us hope maybe then !
-------------------- " A man's got to know his limitations." Clint Eastwood in Magnum Force Posts: 179 | From: Virginia Beach , Va | Registered: Oct 2006
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posted
Bought NMCX in Jan. at .0038 and .0042. Today it closed at .028 with a nice PR yesturday. Anybody in on this one? But I still hold a load of SSSU, doing well also this week and a ____ load of WNSH still at .0001 duh!!!
-------------------- Bill Gates, Donald Trump and James Dean, Willie Nelson, John Lennon and Neil McCoy Posts: 1102 | From: Sometimes Honolulu, Sometimes Laguna Beach, today in the Valley | Registered: Aug 2006
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posted
pretty much every buster from last night upticked, once again cactus gets no respect, i think i have to change my name, lol.. ok i deserve a big artie lange WAAAAAAAAAAAAAAAAAA right now, lol.. this is fun, thanks for opening up thethread again, cant wait for monday..
DONT INVEST ON MY ADVICE...
Posts: 6397 | Registered: Jan 2006
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Shortly before his death, he spoke at the inaugural ESPY Awards, presented by ESPN, on March 4, 1993. While accepting the inaugural Arthur Ashe Courage and Humanitarian Award, he announced the creation of the "V Foundation", an organization dedicated to finding a cure for cancer. He announced that the foundation's motto would be "Don't give up. Don't ever give up." His speech has become legendary, and he closed the speech by saying, "Cancer can take away all of my physical abilities. It cannot touch my mind, it cannot touch my heart, and it cannot touch my soul. And those three things are going to carry on forever. I thank you and God bless you all." One thing Valvano also said in the speech that many remember most are the following words:
"To me, there are three things we all should do every day. We should do this every day of our lives. Number one is laugh. You should laugh every day. Number two is think. You should spend some time in thought. And number three is, you should have your emotions moved to tears, could be happiness or joy. But think about it. If you laugh, you think, and you cry, that's a full day. That's a heck of a day. You do that seven days a week, you're going to have something special."
Valvano received a lengthy standing ovation. He died less than two months later.
Posts: 330 | From: oregon | Registered: Dec 2004
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posted
sorry cactus got off the topic back to the busters..nice job by the way with the thread.
Posts: 330 | From: oregon | Registered: Dec 2004
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