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LOOK! LOOK! LOOK! FROM THE 4TH QUARTER REPORT!
"Importantly, Cetek made a significant advancement during this past quarter, to become established in the nanotechnology field. The Bush administration has signed a $4 billion appropriation for nanotechnology. This is an exciting, innovative technology with far-reaching potential applications. Nanotechnology is considered to be the basis for the next industrial growth. Cetek is well positioned in this field, and continued development and progress in this area should be fast and aggressive, both for the company and the industry."
quote:Originally posted by gpmac: LOOK! LOOK! LOOK! FROM THE 4TH QUARTER REPORT!
"Importantly, Cetek made a significant advancement during this past quarter, to become established in the nanotechnology field. The Bush administration has signed a $4 billion appropriation for nanotechnology. This is an exciting, innovative technology with far-reaching potential applications. Nanotechnology is considered to be the basis for the next industrial growth. Cetek is well positioned in this field, and continued development and progress in this area should be fast and aggressive, both for the company and the industry."
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Diana I am glad to here that, I am a wanna be but I ALWAYS listen when you post so I am going to hold strong at .0069 and hope for more!
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Anyone else holding both ctkh and ibzt have an opinion on which to add to? They both look like they've stabilized. Probably should have a jumped in on the dip in ctkh!
quote:Originally posted by Randy803: Diana I am glad to here that, I am a wanna be but I ALWAYS listen when you post so I am going to hold strong at .0069 and hope for more!
RANDY,
I HOPE I DID NOT OFFEND ANYONE. CERTAINLY DID NOT MEAN TO. SOMETIMES PEOPLE WHO JUST START TRADING PANIC EASILY. THAT IS COMMON IN PENNIES AND UNDERSTANDABLE. BACK UP TO .0062 NOW AND I THINK IT WILL RECOVER NICELY.
ANOTHER REASON FOR SELLING. PEOPLE OFTEN MARGIN OR SHORT COMPOSITE STOCKS. WHEN THEY ARE SHORT ON MONEY TO COVER THAT CALL (HAVE TO PAY UP BY 2:00 ON FRIDAY) THEY OFTEN SELL SHARES OF OTHER STOCKS IN THEIR PORTFOLIO TO COVER MARGIN CALLS. JMHO.
NOW .0064
PLEASE DO NOT PUT A LOT OF STOCK IN ANY ONE OPINION. LIKE A-SS HOLES WE ALL HAVE ONE.
FEEL CONFIDENT ABOUT YOUR CHOICE OF STOCK PICKS BASED ON YOUR OWN DUE. THIS DOES ALEVIATE SOME OF THE STRESS ASSOCIATED WITH TRADING PENNIES. LOL THAT AND A BOTTLE OF ZANAX AND GLASS OF WATER BY YOUR COMPUTER AT ALL TIMES.
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I am learning day by day. I am also learning to do DD but I find following the smart traders like yourself and a couple others seems to keep me out of the deep troubled waters for now. Thanks for everything Diana and I was not offended I AM a wanna be headed to an IS hopefully. LOL
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I'm in the same boat as you and I second everything you said. I'd say I'm definitely hooked. There's such a mountain of stuff to learn. I guess it just takes time and experience. I also appreciate being able to learn from the experienced like Diana, Uncle Milty and many others on this board.
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DON'T WORRY ABOUT THE DROP THIS AFTERNOON, THIS WAS CAUSED BY THE "U.S. EXPECTATIONS OF ECONOMIC GROWTH" NEWS THIS AFTERNOON... IT'S NOT JUST CTKH. ALL STOCKS ARE DOWN....
HERE'S A CLIP OF THE NEWS GOING ALL OVER THE WORLD...
Economic Growth Below Expectations
Jan 30, 11:56 AM (ET)
By Glenn Somerville WASHINGTON (Reuters) - U.S. economic growth slowed to a 4 percent annual rate in the closing three months of 2003, less than half the third-quarter pace as consumers curbed their spending, the Commerce Department reported on Friday.
quote:Originally posted by gpmac: DON'T WORRY ABOUT THE DROP THIS AFTERNOON, THIS WAS CAUSED BY THE "U.S. EXPECTATIONS OF ECONOMIC GROWTH" NEWS THIS AFTERNOON... IT'S NOT JUST CTKH. ALL STOCKS ARE DOWN....
HERE'S A CLIP OF THE NEWS GOING ALL OVER THE WORLD...
Economic Growth Below Expectations
Jan 30, 11:56 AM (ET)
By Glenn Somerville WASHINGTON (Reuters) - U.S. economic growth slowed to a 4 percent annual rate in the closing three months of 2003, less than half the third-quarter pace as consumers curbed their spending, the Commerce Department reported on Friday.
GOOD CALL!! THIS IS EXACTLY HOW WE HELP EACH OTHER. WITH GOOD STRAIGHT UP INFORMATION THAT MAKES SENSE. ALSO EARNING IN THE LAST TWO WEEKS. A LOT OF MARKET AND PORTFOLIO SHIFTING.
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Sure not what I expected when I went to lunch. Chart pattern showed we should have moved up much farther today. Its ok though maybe a slight delay of the inevitable. This stock will rise. I have to be glad though for those that are buying cheap from the fearful.
I think no news today would have been good news. Bulls rushed in as is our nature but ran out of fuel.
I will be researching this new pattern, or what it looks like it will be at the end of trading today. Not one I am familiar with.
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I place my GTC today with scottrade. However, the broker said $1 wouldn't fly because it's too far from current price so I settled for .50. He also told me the GTC didn't have any impact in shorters borrowing because it's under $5 (sounds like a scottrade thing?).
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quote:Originally posted by Randy803: I am learning day by day. I am also learning to do DD but I find following the smart traders like yourself and a couple others seems to keep me out of the deep troubled waters for now. Thanks for everything Diana and I was not offended I AM a wanna be headed to an IS hopefully. LOL
The best thing one can learn IS WHEN TO SELL & not let greed take over.....This is very hard & I as a newbie learning a lot from this site.
There is always a lot of buy signals but it is very hard to detect a sell signal, at least for me.
My rule - Gets my attention once above 50%...wait to see if it get to 100% & it is a stock I want to day trade, I should sell. Well, I did not do it for SFII, in @ 0.0016, hit high of 0.0035 (should have sold), today @ 0.0017....
So other lesson follow your own rules you have set & do not let greed take over it.....
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DIANA I was struggling that day for a good corallary to the problem. Sorry I didn't meet your expatations. Are we still friends? Sometimes life's "REALITY" gets the point across? VAN
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SJD Only buy a stock when YOU have done your DD, then don't second guess yourself. There is a line between second guessing and a change in conditions. VAN
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My feeling looking at the charts is that this could dip on monday to the low 5's and then will climb back up after it has touched and closed on its 13 Day Moving Average...That is my opinion on it making this a long term hold...Anybody else have commentary on the charts. I'm still learning so any help is appreciated.
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Personally I'm gonna watch this one closely. While I'd like this to go to the moon my sixth sense is saying watch out. As a result, I sold half my position this morning for a 50% gain and will hold my lower priced shares (pretty much free). IMHO the PR was pretty much fluff and not much substance. I agree things appear to be looking up for the company and certainly the PR leaves lots of room for speculation.
My biggest concern is that the buyback is not finished which means it's not in the companies interest for the stock price to rise. I wonder when they plan to finish this?
Then there are the questions. 1. 180% of what? pretty meaningless number. 2. We know Nano's hot, but will Cetek get any of the 4 billion in federal money? 3. While it would seem the furnace business is strong, what's happening with the fuel cell and CNT part of the business. What's the projected revenue from furnace sales.
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Unfortunatly the chart is very bearish. This pattern (after today) is very significant after a strong uptrend. The stock will most likely go down monday. I agree with sjd235. Could go a little lower. This is not a stock to give up on. Charts show a strong uptrend. Positive industry, positive company reports, positive news. You have to remember that we are trading people. When fear overtakes the trade we will see minor corrections as the play rids itself of non believers. Keep your eye on the positives. This stock will fly high. I suggest if you need the money sell out during the correction and make money on an intraday if you can, but be very ready to get back in quickly. I do not think correction will be more tham 1 - 3 days. This is only my opinion. I say stay with this stock and you will reap big profits. Any other opinion from you penny pros would be appreciated.
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Hopefully the vagueness that this PR had will be filled with future PR's, one at a time. Hopefully filling us in on possibly getting some of that $4 Billion, possibly a deal with a major company(I know they have been mentioned to work with Motorola), and letting us know when the buyback is done. These three alone have potential to make it "pop" if and when they are released in my opinion. The question is when, therefore making this a long term hold. Also, another positive is that they are actually profitable, which is something a lot of sub penny stocks can't say. Even though it is a 180% of $???.
Also, in regards to the reason that they did not say their exact numbers could be of one of two reasons I believe. #1 is because it is possible that it may have something to do with SEC regualtions because they are a pink sheet stock.(Any help in this area is appreciated) #2 could possibly be because they are still buying back stocks and if they release a number they may not be able to get these shares as cheap as they want.
This is just my opinion and I'd like to know what fellow investors think of this theory. Have a great weekend everybody!!
STO is above 80 with 5 & 10 DMA supporting PPS, a good signal for possible breakout.
PPS is suported by 32 DMA also.
PPS is crawling near the upper bollinger band, a good signal.
The chart has clearly formed an Ascending Triangle with downslope volume, which indicates an upper breakout.
I think, today news was pretty good but investor really wanted to know more about the rumored deals with Motorola, Samsung, etc. Their earnings seems to be very positive.
This should breakout in the next coming days.... Charts support it & PR supports it. No need to worry about an R/S either since they have confirmed their buyback now in two PRs.
I will not risk this stock in day trading..I think our patience has finally paid off.....
CMF chart 1/30 looks like 12/15. Indicator has dropped below zero. The bar for the day closed in the bottom half of its range and is a bearish engulfing line. Significance may not be great following a consolidation for the week rather than strong uptrend but could signal a slight retrace. CCI indicator does not reveal much to me. There is no divergence and being near to zero does not indicate either overbought or oversold. Is there another interpretation? http://charts3.barchart.com/chart.asp?sym=CTKH&pagesource=texpert&grid=Y&data=A&code=BSTK&ov1=66
Williams I believe trading recommendations are based on divergences. I do not see that here. Is there another interpretation? Bollinger Bands I am at my early study of these. I read that significant moves usually occur after the bands tighten. Also, when prices move outside the bands implies a continuation of the current trend. I suppose the current trend is based on ones trading timeline. No question this shows intermediate and long term uptrend with usual and minor corrections.
OBV Definitely showing where the smart money is going IMO.
I really enjoy this type of analysis and learning experience. Any more thoughts or comments?
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