posted
mach, you rookie, you gotta be able to handle this stuff man. You'll learn in time. I'll take you under my wing. Dude totally kidding. I think you're right on about it having a hard time falling through support. I'm still confident in this one, although, yeah, today has been not what I expected, the whole week hasn't. Until we see .0064, I'm in, only trades will be profit taking and buying back in. Got a little hitch in the giddey up, but I think she'll fly sooner rather than later. And yeah, I'm counting the greys too. Should invest in Just for Men
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posted
I debated whether this was a breakdown or consolidation. Flip a quarter. I think it's the end of a consolidation period after our 100% run 6 days ago... I think it's only barely touched .0065 a few times for a few minutes. It would have to break .0065 forcefully for a breakdown... I've concluded that this doesn't seem likely at all. I'm cautious... and a close at .0075 would be great...
Consolidation at .0073 to .0075 ++++++++
Not saying it will run today... but could likely begin a slow trend up tommorrow which would be a lot better for me...
mach
quote:Originally posted by firmbatch: Okay Mach, I decided to get in for a small holding. I looked at the macd which is above 0.00, the Stochastic is heading for the oversold line and the money flow is positive. I believe these are good things and this one should rise a bit.
posted
The higher low at .0066 was good today... the past week it was touching .0065... barely... As I begin to see the short term low move up.... even when the the high is moving down... it appears to be the end of consolidation rather than a breakdown..... and it looks like it will be complete @ .0073-.0075... hence the tight trading range... You will notice the same pattern when it consolidated for four days beginning October 13th and ending October 16th. This is one of those really tough calls and that's why many including myself have been on the sidelines waiting for confirmation. Just too many MM on the Bid... which also indicates that this is likely consolidation.... My best guess. We shall see. mach
quote:Originally posted by skatchmo: mach, you rookie, you gotta be able to handle this stuff man. You'll learn in time. I'll take you under my wing. Dude totally kidding. I think you're right on about it having a hard time falling through support. I'm still confident in this one, although, yeah, today has been not what I expected, the whole week hasn't. Until we see .0064, I'm in, only trades will be profit taking and buying back in. Got a little hitch in the giddey up, but I think she'll fly sooner rather than later. And yeah, I'm counting the greys too. Should invest in Just for Men
posted
I really can't call heads or tales with this one. Could swing either way.. but considering the low volume, if it stays in the 7's with this volume, I don't see it as a major problem. But I don't see any immediate move upward either.
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posted
Well in some book somewhere that I read... it stated that good signal to help determine the end of consolidation is extremely light volume as compared to the norm. Hopefully it stays light and as I've said... we see a close @ about .0073-.0075. Per the chart... that seems like the line that marks the battle between the bulls and the bears... but because it's above .0065 resistance... It does look good. If the battle was at that level... then I'd be a little more worried. mach
quote:Originally posted by Jeremy: I really can't call heads or tales with this one. Could swing either way.. but considering the low volume, if it stays in the 7's with this volume, I don't see it as a major problem. But I don't see any immediate move upward either.
posted
You know the good thing about days like this...... If you flip the quarter and lets say... you buy on this light volume day...
Now logically speaking it would seem that "everyone and their mother sold"... but they are waiting on the sidelines for confirmation that this continues upward...
Look what happened on the 17th and 18th of October afer consolidation for four days.
Just implying that it would be quite possible for a few good days if everyone try's to jump on the ride at the same time. (Assuming we have confirmation that it's going up)
As Kevein stated... look for a break above current levels... around .008 or so for confirmation.
I'm going to use good logic and reason... and take the gamble. (Did you know that i won $70,000 in four days playing blackjack last November. What's even better is that I won it all with initial pocket money of only $400.) As you can see... I like risk. mach
posted
both times the day before this stock shot up more than 50%, the volume was low like it is today. Tomorrow may be that day it shoots up 50%, this is why I can't sell.
posted
Well Bhodi... It's just you and I left on the board... as it was in the beginning for so many days... when we were i the 3's a few weeks back. Cheers! mach
quote:Originally posted by Bhodisatva19: 2 month chart shows it well
posted
You are not alone Bhodi and Mach. I am just frustrated that I have no clue what is happening with this silly stock. Can't add much. I hope to see .015 before the end of the month.
posted
Jeremy... you are solid. Unbelievable. The chart had me very worried this morning... but after i saw the low volume i did (not a 360) a 180... A down day on extremely light volume... Keep in mind that most of it was consolidation from yesterdays big move in the last hour. I think the red%down worries people (including me). mach
quote:Originally posted by Jeremy: I'm still here as well
Not a single share sold yet.. had me worried this morning, but pulled it off this afternoon like I hoped.
posted
I'm still in too with all 1.6m, although I'm posting this from the hospital after the 3 heart attacks I had over the last 3 days. JK
quote:Originally posted by machtabow2: Well Bhodi... It's just you and I left on the board... as it was in the beginning for so many days... when we were i the 3's a few weeks back. Cheers! mach
posted
You never know... What I'm seeing here is a pretty good chess game. It appears that those whom hold will likely be the ones that are greatly rewarded as has been the trend for many weeks. mach
quote:Originally posted by justplayin: You are not alone Bhodi and Mach. I am just frustrated that I have no clue what is happening with this silly stock. Can't add much. I hope to see .015 before the end of the month.
posted
It stress me out too... but the reality is that it has barely touched .0065 the key resistance in the past few days... and the red days have always been after big moves at the end of the previous day... I need to check into a hospital myself. This would be the absolute perfect time to release a PR. Could u imagine how fast this would take off. mach
quote:Originally posted by Gamecock: I'm still in too with all 1.6m, although I'm posting this from the hospital after the 3 heart attacks I had over the last 3 days. JK
posted
I am also on this one all the way, some heart attacks during the last hours but still holding.
quote:Originally posted by machtabow2: It stress me out too... but the reality is that it has barely touched .0065 the key resistance in the past few days... and the red days have always been after big moves at the end of the previous day... I need to check into a hospital myself. This would be the absolute perfect time to release a PR. Could u imagine how fast this would take off. mach
posted
I must be the weak one here. I sold... reevaluated... and bought back in. One minute I'm up... and then down... then up........ MM doing a good shake job...that's for sure............ Now we all know what a shake is. mach
quote:Originally posted by Mav: I am also on this one all the way, some heart attacks during the last hours but still holding.
So we surged from .005 to .013 in two days. Huge gains... People booked profits... and hence it pulled back to the previously broken resistance (.0065).
And then of course... many know about the bounce that usually happens a few days after a big move... and it bounced to .009... and then back to .0065 previous resistance... then wow another bounce to .008 and then a pullback to resistance.. but this time only to .0066... Each time the bulls driving it up and the bears pushing it back down. hmn
Now that the trading range has tightened (Consolidation) I think that the bulls and bears will battle it out at .0073-.0075 as I've stated earlier. Unfortunately its my humble opinion that the bulls will win hands down.... The only down days we've had were on bounce days (Profit taking days)... eventually it trades sideways for a short period of time as they do battle...
I'm betting on the bulls as they have been in control. I think logically speaking... that with a Quarterly due within two weeks... the expectation of the news that has so dramatically impacted this stock will likely be released... may very well assist the bulls in the drive upward.
I did write the Colonel a lenthy message asking him why there has not been any press release in a while... this was included in my message regarding the quaterly. As I've stated earlier... his only response was November 15th. I'm trying not to read into it so much... as he did answer my question about the quarterly... but could it also mean that a PR could be released on the 15th? You never know. mach
posted
I'm still in ... averaged out at .0053 and have not sold any. I keep looking around at other stocks that WERE sub-penny and some have gone on to trade in the dollars. That would mean truly big bucks for anyone patient enough to stay the course. This company looks rock solid to me and they have some big plans. If they can pull it off, then anyone who has bought in at these low prices and leaves a pretty good chunk on the table, they have a chance at becoming very wealthy. Can you imagine being in on the ground floor of E-Bay, Amazon, Intel, Microsoft, Apple, IBM, etc ... ? I'm not saying CYTP will ever become that big, but even a dollar a share would enable me to retire quite a few years earlier than I plan to now. So, this one, along with AFRR are in my long term plans ... I will take some off the table to re-coup what I have invested when the time is right, but the rest ... I'm leaving it there. Some of you will probably say I am nuts, and maybe I am. But all really big companies started off small, with good ideas, and that, my friends, is what I think of CYTP and AFRR. Small companies with really good ideas, and what seem to be very dedicated people running them. They want the same thing we want ... to be rich. And they are doing the work while all we have to do is be patient and watch the stock ticker.
posted
New, nobody thinks you are crazy. It is a very smart play to take your initial investment and/or a little profit and ride the free shares. This has been advised by the "pros" on this board several times. Most of them play short for gains, but most still ride the freebies.
Good Call and Good Luck, I'm with ya on both of these.
P.S. You may want to check out MSEV. Good company with promising future IMHO
posted
I was going to do a quick read and then leave but someone sounded like they were going to sell the stock at the market. On watching stocks, every once in a while I see a stock drop way down and then pop back up to where it was. I always thought that it meant that someone had sold at the market (although usually on a thinly traded issue, probably one billion + shares a day wouldn't qualify as thinly traded) I could be completly wrong, but if someone knows if selling at the market is a dangerous idea or something not to be worried about, they might put in their .0001 cents' worth. P.S. I own a few million shares and I plan to hold them. If the stock goes to zero, no big deal, if it goes to ?? or even ??? then allright. And anyway one of the reasons that I'm in micro penny stocks is for the fun of it and to see how much agrivation I can take.
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quote:Originally posted by machtabow2: I must be the weak one here. I sold... reevaluated... and bought back in. One minute I'm up... and then down... then up........ MM doing a good shake job...that's for sure............ Now we all know what a shake is. mach
And I thought you had nerves of steel Mach!
Ameritrade is getting rich on my commissions from being wishy washy on CYTP. I loaded the boat last Friday with all my available capital in anticipation of the big run we all thought was iminent (even selling a big chunk of AFRR to free up cash....which had come from the first CYTP run anyway!).
Monday comes along and I get worried when it drops...but I hold. Spend all night thinking about it. Tuesday morning I decide to pull most out at .0066 and move it to PGHI (worked out very well). I left 300K on the table in CYTP. Sold for nice profit in PGHI and moved some back into CYTP with another 500K at .0068. Didn't lose too much ground for the play with capital.
Now today. All of us worried. Level 2 looks primed, but no movement. Near the end of the day I took 300K off the table. So, I'm left with 500K riding at the moment.
I think the MM's actually expected a run today and they were set up to move the price up the ladder quickly. If there had been any buying pressure at all today, we'd all be high fiving each other. Instead, we are left to sweat it out overnight and wonder if the bulls are at the gate or still taking a nap.
A strange day today....everything I was watching had relatively low volume.
posted
Mach, If you're still in or back in, why is it unfortunate that the bulls will win the battle?
quote:
Unfortunately its my humble opinion that the bulls will win hands down.... The only down days we've had were on bounce days (Profit taking days)... eventually it trades sideways for a short period of time as they do battle...
I'm betting on the bulls as they have been in control. I think logically speaking... that with a Quarterly due within two weeks... the expectation of the news that has so dramatically impacted this stock will likely be released... may very well assist the bulls in the drive upward.
posted
Im sorry... fortunate... It's unfortunate for the bears.............. I'm in... mach
quote:Originally posted by Upside: Mach, If you're still in or back in, why is it unfortunate that the bulls will win the battle?
quote:
Unfortunately its my humble opinion that the bulls will win hands down.... The only down days we've had were on bounce days (Profit taking days)... eventually it trades sideways for a short period of time as they do battle...
I'm betting on the bulls as they have been in control. I think logically speaking... that with a Quarterly due within two weeks... the expectation of the news that has so dramatically impacted this stock will likely be released... may very well assist the bulls in the drive upward.
posted
This low volume is very unusual. looks like its starting the same as yesterday...I hope folks dont panic... If the MM's are in desparate need of this stock. I'm wondering if its to cover their short sales from the past or are they planning on letting this thing run so they can sell their shares later. I'm hoping they are accumulating for future sales. Tony
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posted
It looks like CYTP is up to its old tricks. I'm glad I went back to a free share position. My old ticker couldn't have taken much more of this!
Kevin
------------------ "I do not feel obliged to believe that the same God who has endowed us with sense, reason, and intellect has intended us to forgo their use." - Galileo Galilei
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