posted
Hopefully we'll get one Leardon. I'm thinking he'll be putting out alot of news in the next few weeks. You know, to keep up the momentum.
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I don,t think stockguy. We already traded more than the flaot without the buyback of 500,000,000 of shares form CEO. .0006 and .0007 is the new base. MACD (12,26,9) the green line just cross over 0. That a good sign.
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quote:Originally posted by Forrestgump: I don,t think stockguy. We already traded more than the flaot without the buyback of 500,000,000 of shares form CEO. .0006 and .0007 is the new base. MACD (12,26,9) the green line just cross over 0. That a good sign.
Stockguy is just still hoping to get back in and is pissed that he sold. I agree, .0006 and .0007 is the base. It may dip to .0005 and I stress may but I don't think it will stay there for long.
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quote:Originally posted by Forrestgump: I don,t think stockguy. We already traded more than the flaot without the buyback of 500,000,000 of shares form CEO. .0006 and .0007 is the new base. MACD (12,26,9) the green line just cross over 0. That a good sign.
Stockguy is just still hoping to get back in and is pissed that he sold. I agree, .0006 and .0007 is the base. It may dip to .0005 and I stress may but I don't think it will stay there for long.
Learndon, I couldn't agree with you more. We have found new support and the next run should find support near the .01 mark IMHO.
When a pr comes out regarding the spinoff, this could really run
-------------------- A day without dreams is just a nightmare!
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posted
Since last 5 days of trading 1,498,636,246 shares have been exchange. If we consider the buyback of 500,000,000 of share from CEO than, we almost traded twice the float. Close at .0008 today and the chart point an uptrend. With some good news and volume, we could go up as high as .0036 and then retract between .0025-.003 until other good news and other rally. Just my two cent of speculation based on chart et past volume.
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quote:Originally posted by Forrestgump: Since last 5 days of trading 1,498,636,246 shares have been exchange. If we consider the buyback of 500,000,000 of share from CEO than, we almost traded twice the float. Close at .0008 today and the chart point an uptrend. With some good news and volume, we could go up as high as .0036 and then retract between .0025-.003 until other good news and other rally. Just my two cent of speculation based on chart et past volume.
quote:Originally posted by Forrestgump: I don,t think stockguy. We already traded more than the flaot without the buyback of 500,000,000 of shares form CEO. .0006 and .0007 is the new base. MACD (12,26,9) the green line just cross over 0. That a good sign.
Stockguy is just still hoping to get back in and is pissed that he sold. I agree, .0006 and .0007 is the base. It may dip to .0005 and I stress may but I don't think it will stay there for long.
Learndon, I couldn't agree with you more. We have found new support and the next run should find support near the .01 mark IMHO.
When a pr comes out regarding the spinoff, this could really run
EDIT: I ment .001 (sorry, my bad)
-------------------- A day without dreams is just a nightmare!
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posted
Well, One good thing. So far it looks like al0t the sales that went through during the big run at .0006 were buys. You can tell because the only way the MMs got it to go through at .0006 was to lower the ask to .0006. Once they raised it back to .0007 it stopped. Also, so far during this, you didn't see one sale go through at the bid which is .0005. In the long run I think this is good because it brings in new blood and probably some long term holders vs the people that got out were probably short termers. We will see.
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posted
I think since last wednesday run some MM have to cover their short naked position ( 3 days settlement) so they manage to put some pressure at the bid to meet SEC requirement to deliver in time the stock. Now, we need some news and volume will speak by it self in coming day. I here M. Hayter will go on IBC this week? Is that true? If so, look for a good run during and atfer the interview. If He is as good as it was last tuesday and bring some news, we may hit a new high. JMHO
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