posted
Haha maybe in california. They have other products that they are marketing in China. I'm not watching this because of future product development, im watching it for the technicals- and the profits from following them.
Its tough to ignore 50 Mil volume on positive money flow, maybe AFRR is going to buy them out!
quote:Originally posted by bibinje: does anybody think there is a high demand for fire retardant doors?
A. The existing market estimate is more than 50 million non-complying doors in residential multi-unit dwellings situated in North America in cities such as New York, New Jersey, Chicago, Boston, Miami, Washington and New Orleans as well as Toronto and Montreal.
quote:Originally posted by bibinje: does anybody think there is a high demand for fire retardant doors?
[This message has been edited by cabbage22 (edited February 17, 2004).]
posted
*News* I got this message in my inbox this morning from Scottrade:
News for 'ARSW' - (Wall Street Capital Funding: Aggressive Stock Trade Alert! Feb 18, 2004)
Weston, FLA., Feb 18, 2004 (M2 PRESSWIRE via COMTEX) -- Wall Street News Alert`s "stocks to focus on" this Wednesday morning are: Surface Tech Incorporated (OTC: SFCI), Patriot Scientific Corp. (OTCBB: PTSC), Centurion Gold Holdings Inc (OTCBB: CGHI), Pinnacle Business Management Inc. (OTCBB: PCBM) and ARS Networks Inc. (OTCBB: ARSW).
ARS Networks Inc. (OTCBB: ARSW) even on 50.4 million shares traded.
It's probably not a big deal, but this is the first time I've gotten an alert like this from my broker, so something just might be up with ARSW.
posted
Its in this alert because of the huge volume from yesterday, its labeling it as a potential mover, great find!
quote:Originally posted by Special J: *News* I got this message in my inbox this morning from Scottrade:
News for 'ARSW' - (Wall Street Capital Funding: Aggressive Stock Trade Alert! Feb 18, 2004)
Weston, FLA., Feb 18, 2004 (M2 PRESSWIRE via COMTEX) -- Wall Street News Alert`s "stocks to focus on" this Wednesday morning are: Surface Tech Incorporated (OTC: SFCI), Patriot Scientific Corp. (OTCBB: PTSC), Centurion Gold Holdings Inc (OTCBB: CGHI), Pinnacle Business Management Inc. (OTCBB: PCBM) and ARS Networks Inc. (OTCBB: ARSW).
ARS Networks Inc. (OTCBB: ARSW) even on 50.4 million shares traded.
It's probably not a big deal, but this is the first time I've gotten an alert like this from my broker, so something just might be up with ARSW.
posted
I bought a small position a few seconds ago. We will see.
It looks like it has a good pattern of trading the last few months.
I just figured out today that they have some sort of agreement w/ AFRR for distribution of some of their product.
I thought it was interesting... I have always stayed away from AFRR.
OLD OLD OLD OLD OLD OLD NEWS
8/21/2003 8:54:00 AM NEW YORK, Aug 21, 2003 (BUSINESS WIRE) -- ARS Networks, Incorporated (ARS) a company that commercializes new safety products, today announced that its subsidiary, ARS Products Inc.(ARSPI), has completed a licensing agreement with American Fire Retardant Corp (AFRC). ARS Networks, Incorporated trades on the OTCBB under the symbol (ARSW). www.arsnetworks.com American Fire Retardant Corp. trades on the OTCBB under the symbol (AFRR). ( www.americanfireretardant.com)
ARS's licensing agreement with AFRC provides ARS Products Inc. with an unprecedented opportunity to take advantage of AFRC's existing distribution network to bring the Company's (UL) Underwriters Laboratory certified retrofit fire door kit to market. This innovative door kit utilises approved technology which converts existing doors into fire rated doors for an affordable installed price of $220, a savings of 80% over door replacement. The technology is Code compliant and eliminates the need to dispose of old doors thereby providing a significant environmental benefit and further disposal cost savings. -----------------
Posted the above OLD NEWS to keep people from having to hunt for what I was refering to.
PAUL
------------------ But godliness with contentment is great gain. For we brought nothing into this world, and it is certain we can carry nothing out.
posted
I look at many things for a reversal signal.
There isn't one indicator that you can look at, you must take all into consideration. For long term trades, candlesticks are a good start, today was a doji, meaning indecision- possible sign of trend reversal.
Level 2 is very important- I watch which prices have the most MM's and WHO the MM's are. ex NITE on the bid is more important than JEFF. Look to NITE for true support and res levels as they handle most volume.
Moving averages- I'd like to see it move above the 10 day EMA, signal of trend reversal. Wednesday it bounced off the 10 day, signaled it hadn't bottomed yet, so I closed my initial small position at cost.
Money Flow and OBV, and ADX show which way the trades are going, if people are selling or buying, basically who has the upper hand.
Take all technicals into consideration. The key is to keep it simple, and only use the indicators that you are comfortable with.
At this point with ARSW, I'm looking for a follow up of increased volume, and building bids at .0043-.0044. The key isnt picking the bottom, but catching the meat of the upswing.
quote:Originally posted by PAUL: Cabbage,
What are you looking for as a sign of a reversal?
I am not questioning you method. Just trying to learn.