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that broke after hours 4:40 p.m. and now it explains why both stocks have tanked imo. I dont think its bad b/c they are in business with revs, answering questions to investors. They spent a lot of money on these facilities, I didnt think it would be overnight success.
well, theres some info on tioga and vernon downs, they are dedicated to make it work it sounds like, the same day, half hour earlier, they hired an expert for the legal team, so looks like next step is to get rid of insane tax, lol. then they got downgraded my a major firm wednesday, lol.. market reaction ???
Nevada Gold & Casinos, Inc. Appoints Ernest East General Counsel Thursday January 4, 3:30 pm ET
HOUSTON, Jan. 4, 2007 (PRIME NEWSWIRE) -- Nevada Gold & Casinos, Inc. (AMEX:UWN - News) today announced that Ernest E. East has been appointed General Counsel, Chief Compliance Officer and Senior Vice President
Mr. East was most recently Chief Legal Officer of Global Trust Management, LLC, and prior to that, he was the Senior Vice President, General Counsel and Corporate Secretary of Sierra Pacific Resources, one of the fastest growing energy companies listed on the New York Stock Exchange. From 1998 until 2004 he was Senior Vice President, General Counsel and Chief Compliance Officer of Hyatt Gaming Services, LLC. Mr. East also served as Executive Vice President, Secretary and General Counsel of Trump Hotels and Casino Resorts.
Mr. Robert B. Sturges, Chief Executive Officer of Nevada Gold, commented, ``Ernie brings more than 30 years of experience to Nevada Gold and we are truly pleased to welcome someone with his knowledge and experience to our team. We anticipate that his extensive legal experience and knowledge will serve us well as we manage our existing projects and pursue the continued growth of our business. Importantly, his hiring completes our senior management team and will reduce some of our outsourced legal work, which was originally contemplated as part of our overall cost reduction planPosts: 6397 | Registered: Jan 2006
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so any opinions tomorrow after this??? all of you wanted an update on the facilities. seems like Nevada gold ironing out the books before the filing. dont ever say i never delivered good DD, i think we go up.. how about dem apples, lmao..
investors love certainty.. and they are certaintly determined to make it work, nice to see nevada gold respond to downgrade, man i love that in a company
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thanks trader22, as ambigious as that was, thanks lol..
lol.. everyone else reading and wondering what to do tomorrow huh, lol.. figures.. throw some real DD out there and everyone wakes up tomorrow first thing with sale, or buy ready to click..watching level 2 like a hawk.. then come and post after it pans out with genius "after the fact" revelations how they did everything perfect, lol .. or let me guess, everyone is asleep, lmao. and it will be a surprise at 9:30 am..
I still think this clarifies that they are in business and determined to make it work, investors really like to see company making the effort and telling investors they are for real. I regret not buying UWN at 2.90 now.. lol
this penny stuff is fun, I knew we would learn something soon, lol
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Cactus...IMO this is winding up to explode big time. Look at accumulation and positive CMF for the past months. Now MACD has crossed and is staying this way, but its getting closer and closer to a centerline pop.
Now my favorite, which I havent brought up before is look at the ADX line it keeps decreasing and is now under 20. That tells you this down trend is very very weak, and it can turn around very quickly.
Looking for a penny plus when this starts moving.
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
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thanks for the ADX heads up, always looking for things that chart players looked for.. missed that one.. wow, that does look good.
I am liking ultimate oscillator lately and noticed when CMF dips to -.052 its due.. same when MACD starts to dip -20 below on PPO.. and like always.. like that article I posted .. MACD cross rules on the trend.. that is the best, as shorters get wayyy nervous then, lol
I have discussed many indicators thru PM with many good traders, nice to learn new stuff, thanks
so can we expect news now from TPWR, I am guessing they were forced to wait until this news today. its good news really imo, they werent gonna come out flying roses, they are gonna milk it for all they can to get tax break. like any vice its gonna be taxed hard like liquor and smokes. but, there is other facility getting tax free, wtf.. that will change.. at least they are hiring lawyers already.. gotta love this companies response today after and before hours.. they actually care.. and i was asking why CFO filed form 4 today to buy, lol.. pretty obvious huh?
posted
lol yup...don't worry we are all good here, the patience will pay off. I have about 515,000 shares in this one...paid a little high but locked and loaded
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
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Loaded up a bit more at .0045.. I wished it could have gone lower... it probably will now that I have bought in... but I agree that this is ready to run and I don't want to miss it and that it is way undervalued! Once we hear from this new CEO and faith is restored in the company again it should be trading where it was in October.
Posts: 416 | From: ME | Registered: Aug 2005
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Ha... maybe my alias is a bad idea.. I'm getting a little insecure with people calling me "piggy" all the time
Posts: 416 | From: ME | Registered: Aug 2005
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It looks like the sells are much smaller than the buys. IMO people are either loading up or getting small amounts out to invest in something else.
Posts: 416 | From: ME | Registered: Aug 2005
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yep, just painting.. they love to paint this for some reason.. all day everyday.. just shaking or shorts jacking with it to try and bring it down to .0002, lol..
Posts: 6397 | Registered: Jan 2006
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This will see a penny again. Most people probably don't know that it used to trade between .01 and .04 three months ago and the only reason for the dive was the CEO resignation. Now, of course, that is a big deal, but from what I have read I don't believe it was due to an unhappy partnership or business issues. JMHO
Posts: 416 | From: ME | Registered: Aug 2005
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well, he wasnt the ceo, i dont think he was.. just cfo and chairman. but a major part of the company, my guess is that he dumped massive shares when he left, looks like he did it before the new year. MM's are desperately trying to get cheap shares right now, or trying to hold this down still. its wound on the weekly, if it doesnt cross nice, im gonna be sick. lol
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eh... we aren't to far from the bottom here.. and it seems they are holding .004 pretty strong. I really don't expect to take a loss on this. I would be shocked. But then again, I don't mind the wait for a good win.
Posts: 416 | From: ME | Registered: Aug 2005
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IMO, this is definitely the time to get in. Almost every indicator chart is screaming that this is about to break into an uptrend.
1. MACD is about to cross over the centerline 2. Accumulation/Distribution has been creating a positive divergence over the last 5 months 3. Momentum has been building since the massive dip in October. 4. The Bollinger Bands are closing indicating a strong break is approaching. Since the price has remained above the middle band the indication is UP! 5. MFI indicates that the stock is in the middle of the road
See for yourself! This is a chart players dream.
I'm very optimistic that this is going to break back into pennyland (.01-.04) within the next few weeks/months. JMHO
Posts: 416 | From: ME | Registered: Aug 2005
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I Noticed the WEEKLY indicator is "just at" the positive cross-over point which will signal a new uptrend. Also Noticed the CMF (Money Flow) and that it is very positve. Noticed in the Daily chart the positive cross-over of the indicator, the growing momentum bars and that the indicator is heading for the "zero neutral line" where breakouts happen (for whatever reason).
Now the details: http://stockcharts.com/h-sc/ui?s=TPWR&p=D&b=5&g=0&id=p79027633955 TPWR is being accumulated like a pig no two ways about it, the Aroon indicator has just popped over the zero center line of it's indicator and we have 3 solid days of volume growth, the PPS has gotten "tight" and of course the all important Centerline crossover will be here SOON IMO
[based on it's angle, momentum bars, Aroon and Accumulation indicators].
We have formed what I call a "Glass Ceiling" at .0045 [PBLS just had one of these and broke through.
--a "Glass Ceiling" with strong indicators makes a perect buy in point IMO. A ceiling with WEAK indicators does NOT.
This stock has alot going for it, very strong IMO and with each bottom being higher now all the signals are there for a breakout IMO and a new uptrend.