posted
i think its going to bounce here back and forth for a while and will do an EOD run and then gap up in the AM but thats just my thoughts
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posted
Yea I don't see a reason for this to run. No news, no filings, and the volume of the past 10 days doesn't come close to what it has done today. Looks like a group to me. Matt
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quote:Originally posted by uncle_buck: next resistance .0033 and then .0055 and then .008 look out guys we have an extremely strong mover on our hands
In no way is this a pump and dump. This is purely a chart play. It is holding the 50% rule around where it closed. I am looking for it to repeat what it did in may i think when it hit .0006. The chart set up perfectly for the run today. JMHO
-------------------- Just callen the Channels
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posted
Just looking at the chart and i noticed that the MACD has crossed and is no where near ready to cross again. Look for another 100%+ run tomorrow. Its sitting at the 50% rule right now and will push for another 100% tomorrow. When you get these large runs and they start coming down they usually sit and bounce off the 50% mark and usually run 100%... JMHO Time will tell. Good luck guys
-------------------- Just callen the Channels
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Rochester, NY, Oct 21, 2005 (M2 PRESSWIRE via COMTEX) -- OTCStockExchange.com's "Stock Watch Alert" this morning are Skybridge Wireless, Inc. (OTCBB: SBWL), Capital Solutions I, Inc. (OTCBB: CSON), Strat Petroleum (Pink Sheets: SPRL), Wiremedia (Pink Sheets: WRMA). Sign-up for our FREE Stock Alerts at http://www.otcstockexchange.com !
Skybridge Wireless, Inc. (OTCBB: SBWL - http://finance.yahoo.com/q?s=SBWL.OB ) Skybridge Wireless, Inc., a development stage company, provides fixed wireless Internet access to businesses in Las Vegas, Nevada. It also provides broadband wireless network engineering and integration services, which include: wireless design and planning, network design documentation, hardware specifications and recommendations, site survey statistics, topography graphs and antenna plotting information, path calculations and link probability statistics, and installation. In addition, the company offers wireless point-to-point connections and fixed wireless point-to-multipoint network that interconnects customers to an access point enabling the customer to access the Internet.
Capital Solutions I, Inc. (OTCBB: CSON - http://finance.yahoo.com/q?s=CSON.OB ) Capital Solutions I, Inc., announced on October 19, 2005, Capital Solutions I, Inc. entered into and closed a Rescission Agreement with Bedrock Holdings, Inc. together with each of the Bedrock Shareholders and certain other individuals.
Pursuant to the terms of the Rescission Agreement a Share for Share Exchange Agreement which had closed on May 16, 2005 was rescinded. The Company previously reported the entry into the Share for Share Exchange Agreement in a Form 8-K dated May 9, 2005 and the subsequent closing of the transaction in a Form 8-K dated May 26, 2005.
Pursuant to the Rescission Agreement the thirty million (30,000,000) shares of common stock which had been issued to the Bedrock Shareholders and certain other individuals have been cancelled and returned to the treasury. In addition, the Company has returned its shareholding in Bedrock Holdings, Inc. The Company shall assist with the filing of the necessary documents with the State of Florida to reinstate Bedrock as a corporation in good standing. The company now has 48,366,672 total issued shares, 41,500,000 restricted shares and 6,866,672 free trading shares issued.
Strat Petroleum (Pink Sheets: SPRL - http://finance.yahoo.com/q?s=SPRL.PK ) Strat Petroleum is an emerging exploration and development company focusing on oil and gas properties in the Russian Federation. Strat completed an agreement to acquire an 80% interest in a Northern Orenburg oil and gas property in Russia, which has proven reserves of 11.25 million barrels of crude oil and probable reserves in excess of 25 million barrels. Strat has also acquired 30% of a new oil and gas drilling and servicing joint venture established with Panorama-TEK.
Wiremedia (Pink Sheets: WRMA - http://finance.yahoo.com/q?s=WRMA.PK ) Wiremedia announced that the company has received an overwhelming amount of response from the public about its Bluetooth Mediaserver. Principally, the company has received a significant number of requests inquiring about obtaining a Wiremedia Franchise.
Management is excited about the overwhelming response from the public inquiring about obtaining a Wiremedia Franchise. As a result, the company will establish an exploratory committee to explore and develop plans to establish a worldwide network of franchises offering the most efficient and competitive out-of-home advertising delivery system available today.
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-------------------- Just callen the Channels
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posted
Well guys this has to digest the run from yesterday and it may take a day or 2. We may get a End of day run today but the MACD is still showing strength. I am going to just ride it out today and see by the close whats in the future for Skybridge Wireless, Inc. JMHO
-------------------- Just callen the Channels
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posted
I am still holding this at this area but i have NO idea what happened today! It does need to digest the run and it held the support area of the run but my pro trader buddies and I were shocked about the drop in price today. I have a feeling that today had to do a lot with the bid whacking! I have a feeling that there were still people in it that got in before the first run and we're taking profits today. So i think that todays drop had a lot to do with the bid whacking/profit taking. For the next week all i know as of today is that the MACD is still showing strength and the Bollinger bands are still wide open. The .0010 looks like it is the area that it will hold with some decent strength. I still am waiting for another push to .002+ The people getting in today will be just waiting for the .002 to come so look for resistance at that level. After that i am still seeing that .003 area as some resistance. I am going to ride this one out. There are still strong signs of strength. It also is extremely oversold at this .001 area. I just looked at the RSI and noticed it bounced ofd the 70 mark and its about to bounce of the 50 mark and thats when i think we will get the next run. I kinda have a feeling monday it will just linger around this area to maybe .0015 untill that RSi hits the bounce point at 50 then she will move again around Tuesday-Wednesday... JMHO Have a great weekend GUYS :-)
-------------------- Just callen the Channels
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