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Author Topic: ECUI
Buckeye
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Any guesses on whether this thing will hit at least .020 today?
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NinjaGideon
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sorry i meant predicted the resistence not prediced the run.
Posts: 65 | From: Ft. Collins | Registered: Feb 2005  |  IP: Logged | Report this post to a Moderator
NinjaGideon
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i actually wish i had more money to work with, I would definately pick more up now.
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FatherOfTwo
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There goes my buy at 14.5

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maumee river rat
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014 is a double bottom on thE daily chart... if it holds, this could be a very nice day indeed!!IMO
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tqn
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put order in for .0145 for 95000 share, just took partially slowly.

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Come Q, the kid needs back-to-school shopping!

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NinjaGideon
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i would be shocked if this didn't hit .02 within a couple minutes of the beginning of the run. I would say watch for the volume and the bid to start looking up a little and it should be there in no time.
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NinjaGideon
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do reversal patterns like that hold true for such a small timeperiod? or even for pennystocks at all?
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FatherOfTwo
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Here comes the rewards for those that held through that!

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maumee river rat
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Wish I would have waited til today to buy that additional 100000 shares I paid .016 for yesterday!! Ya just never know for sure do ya!LOL the rotten S>O>B's
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FatherOfTwo
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Wow... isn't playing pennies fun?????? [Big Grin]

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NinjaGideon
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i know, its a greedy game, and those MM's are pretty unpredictable sometimes. It turns out they want to make money too, those selfish buggers.
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wallstreetboy
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i'm still in for 50k, it's recovering now

NITE & SCHB dropping back on the ask

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"I was bored before I even began."

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NinjaGideon
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well there is the tighten on the spread. all we need is a little time for people to realize where this is headed before the volume starts coming in. after the volume with the low float and lvl 2's this should move pretty quickly!
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maumee river rat
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quote:
do reversal patterns like that hold true for such a small timeperiod? or even for pennystocks at all? I guess we just have to wait and see.. IMO a chart is a chart...they dont lie. I thionk this thing is gunna run to around 024 then pull back...EOD should be just shy of 03 JMO don't hold me to it

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Buckeye
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Do you agree with that quote maumee. The numbers are starting to support it,or at least it looks that way.
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FatherOfTwo
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one 5 k buy moved the ask from .0149 to .015
one 29K buy moved the ask from .015 to .0155
one 30k buy moved the ask from .0155 to .016

they did a shake and still don't have any shares.... this is going to fly.. catch it here if you can!

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maumee river rat
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man I screwed that reply all up!! sorry Ninja!! got my words all mixed up with your words, and I didn't even mention your name... My Bad!!
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NinjaGideon
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i have been told by most that reversal patterns are not a reliable way to predict pennies at all. One person i have talked to swears that you can use charting patterns with pennies but since they are more volatile, the timeperiod needs to be a lot smaller to see the same effects of patterns.
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buckstalker
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Tried to buy 100k at .015 and .0155 no fill...they don't have many shares to sell.
This should move up for you all. GLTA

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tqn
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FOT,
that 30k was mine for .0155 partially fill. the balance was 20k unfilled. let see what they do. probably that is why they raised the ask.

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Come Q, the kid needs back-to-school shopping!

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NinjaGideon
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FOT,
do you have realtime lvl 2's on this? I didn't notice those buys, just wondering if someone has quicker info than I do.

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ryerras
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Bid
2@0.015
2@0.0135

Ask
1@0.016
1@0.0165
2@0.017

NITE is supporting the bid and waiting at 0.017 on the ask

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FatherOfTwo
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quote:
Originally posted by NinjaGideon:
FOT,
do you have realtime lvl 2's on this? I didn't notice those buys, just wondering if someone has quicker info than I do.

Those buys were the ones on my scottrade T&S streamer!

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A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)

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Buckeye
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Unless i'm reading my chart wrong, this may be start of a run, hopefully to .04
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maumee river rat
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original post by NinjaGideon
quote:
i have been told by most that reversal patterns are not a reliable way to predict pennies at all. One person i have talked to swears that you can use charting patterns with pennies but since they are more volatile, the timeperiod needs to be a lot smaller to see the same effects of patterns.
I disagree. The longer time frame is a more solid support.. an intraday chart like a 10 or30 min etc... can be manipulated only to a piont...but will mostly stay within the bounds of the longer term chart.. the intra day will stay within the day perameters.... the day win the weekly...weekly within monthy and so on.. If you go back in chart time and several time periods are all finding support at the same level, its pretty safe to say youve hit a turning piont
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NinjaGideon
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Maumee,
Thanks for your opinion on the matter. Yours seems to hold the most truth behind it so far.

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maumee river rat
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Hey!!! Anyone!! Whats your take on this thing??? The ole' run to 025 down to support then run to 03 theory, is gettin shot in the A$$
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maumee river rat
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or is it
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wallstreetboy
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Well, if people buy on the ask - this stock will move... it's that simple really [Smile]

i'd say .025-.03 is attainable with enough good buying pressure.

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"I was bored before I even began."

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NinjaGideon
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yeah i think the theory is shot in the ass for today at least, but i am still holding on. This is not to say that the theory is in the longrun untrue. I still think that it has upward pressure and surly a lot of potential. Really the only thing I can see that we are still missing which can cause this run is the significant increase in volume. Right now we are below the three month average (1,514,009) with 1,148,800. In order for a stock to move, usually it takes a significant increase in volume, and as you can see this can be considered low even for the 3 month average.(even though there are high and low days involved in calculating an average) (hence the reason why a significant increase is usually needed instead of just a little above or below the average) I do not believe it is reasonable to expect anincrease this late in the day, but I do expect it tomarrow. There is also a chance for the stock to gain recognition over the weekend and cause a major jump in volume monday.
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maumee river rat
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Ya maybe...But wouldn't a full blown, butt kicken, knee jerk end of day run, with a close at the HOD be the chit!!!hehehe
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FatherOfTwo
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I haven't been watching it so closely since is steadied out at 16.....

I have been DD ing some other stocks..... I have a few potential winners that I will probably post on Monday.... I have to call the T/A to get Share counts and also hunt down old filings etc.....

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A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)

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wallstreetboy
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Looks like we're holding for tomorrow then.

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"I was bored before I even began."

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maumee river rat
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can't believe the F-ers kept this thing down all day!!
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