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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » CNES at bottom - Runner soon (Page 8)

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Author Topic: CNES at bottom - Runner soon
stnkng1
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why does it keep getting lower and lower?

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Derek S

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SFC_Jordan
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good question

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Army guy just trying to make a few bucks....

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yourdiligence
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6,030,000 as of 2:42 EST--a quick burst of volume since last post. Today's lower volume is not too surprising in that it's following the volume trend downward since 11-7-05. Sometimes volume must rest before gaining its legs for(hopefully)the higher climb.

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yourdiligence

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stnkng1
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YEAH YOU ARE RIGHT THERE THAT IS THE WAY IT USUALLY IS

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Derek S

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stnkng1
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11,0300,000 moving a little i guess

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Derek S

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stnkng1
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12,930,000

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Derek S

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stnkng1
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why would someone sell 2,000,000 shares at .0003 this early that is so stupid

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Derek S

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Aleks
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I guess someone just wanted out, move the money around i guess...

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GO, PENNY GO!

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iwearpro
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If someone did sell,it was probably to gain some revenue on something else thats fast moving. Some people do that when they tapped on funds in their account. I sold some NANN this morning at a profit and bought some more TNOG.It will be ok,I keep adding a little bit at a time. I would look at CSJJ if you arent already. [Wink]
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stnkng1
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yeah i got some csjj i only bought 300,000 shares 1 time and another 333,333 shares yesterday at .0003 alot of people are saying to watch it but it hasnt done much lately waiting on some news

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Derek S

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ecko13
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Just a quick question, stupid and rude ameritrade customer service pissed me off and didn't really answer my question. I sold mmic the other day and the funds are still not non-marginable. I did also buy some mutual funds though, but that should not have anything to do with this. Does anybody know what the hell is going on, every other time i sell something, the funds are non-marginable immediately.
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iwearpro
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In most cases it take 3 full days for the funds to settle.
I dont know if that helps?

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Brian

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ecko13
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Thanks for the reply, but in the past the funds were non-marginable instantly after selling.
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iwearpro
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if you used unsettled funds to buy a stock and then resold before the funds settles,in most cases puts the account on a restriction for a certain amount of time. during this restriction you can only use settled funds.
You may ask them if your account was put on a restriction.
I screwed myself one time and did that and it took a phone call and begging to get it out of restriction.(they smacked my hand and told me i was bad basicly)

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Brian

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ecko13
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how long is the restriction???
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stnkng1
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any idea when this is suppose to be coming out with more news.
not that it matters every time a pr or mr comes out this stock doesnt even flinch. LOL hopefully someday it will straighten up

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Derek S

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iwearpro
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90 restricion was mine..Im not sure about ameritrade though?
As far as the news, Im not for sure,ill starting doing some more dd on a few things,this included so Ill post something as soon as I find out.

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Thanks,
Brian

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stnkng1
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thanks iwear your great

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Derek S

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iwearpro
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I do see that the volume is up over 20 million so far. Looks good to me. Oh wait most of that was mine.j/p [Wink]

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Thanks,
Brian

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Aleks
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What happened today, seems that every aspect of the charts seems to have fallen????

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GO, PENNY GO!

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stnkng1
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i no that sucks

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Derek S

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iwearpro
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I dont know, But it would not fill my million block order,im pissed.
Oh well ill shoot for monday.

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Brian

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yourdiligence
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IME further PRs or MRs from CNES may not be the catalysts for upward movement that this issue needs for break-out. I'm keeping a close eye on recent volume behavior and not necessarily analyzing higher volume but looking for other volume trends; including a potentially momentous point where volume of CNES will appear to effectively 'dry-up.'

11-7 75,881,250
11-8 24,362,990
11-9 16,754,040
11-10 12,980,000
11-11 22,876,395

(22 Day Avg.) 34,651,773

(100 Day Avg) 85,815,444

5 day approximate avg. 31,000,000

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yourdiligence

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stnkng1
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so this could end up being a dud stock that stinks

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Derek S

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yourdiligence
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No Derek sorry for the ambiguity--if volume suddenly dries up from current levels it COULD indicate that accumulation phase is over and volume + price are ready to move up. I can't say whether this is a 'dud' or not but I do hold a position here--

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yourdiligence

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iwearpro
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[Wink]

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Thanks,
Brian

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iwearpro
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Lots of volume today..about 4 times of AMEP in my portfolio.

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Thanks,
Brian

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jagman925
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I agree. Definitely accumulation.

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Get In, Get Out...but Make Up Your Mind!

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iwearpro
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not quite as high as csjj,but high today no doubt.

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Thanks,
Brian

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Rex
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Interesting article in December issue of SmartMoney magazine "Utility Meters That Read Themselves". Niche tech firms draw curtains on meter readers. Sorry, no mention of CNES. It highlights Badger Meter (BMI), Esco (ESE) and of course Itron (ITRI) - the 3 top makers of remote meter-reading equipment. If anyone can find electronically please post.
- "Over 80 percent of regulators are very interested in utilities installing automatic meter reading and many are allowing the companies to recoup some of the cost of the technology, says Patti harper-Slaboszewicz, a researcher at public utility consulancy UtiliPoint International.

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Aleks
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Whel, I know for a fact that i will not be selling unless this stock goes above 0.0020

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GO, PENNY GO!

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SFC_Jordan
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is this the 90th day?

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Army guy just trying to make a few bucks....

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SFC_Jordan
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or the 120th?

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Army guy just trying to make a few bucks....

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Aleks
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I am seriously getting sick of getting up in the morning and watching this thing keep hitting 0.003 - 0.004 constantly for more than a month now. most boring stock IMO.

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GO, PENNY GO!

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SFC_Jordan
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well i predicted the FCC news would be out at the closing bell today, WRONG and just did a Trump to myself, I AM FIRED

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Army guy just trying to make a few bucks....

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