posted
Formed a white candle today after the crosses...
Some things are exacly like the days prior to the last two runs in February...Go look on stockcharts.com...
RSI level at 50% BB middle line crossing todays candle MACD lines are crossed Low volume today as with days prior to the runs (this answer your volume question cottonjim?) momentum swing today with the white candle...
Oh don't forget the very tight trading today with a high of .0011 and a low of .001...MM"s building a launch pad?????
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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posted
That was on the March 8th. Those shares have been bought up. Volume has been large this week. Well over a billion each day. Explains though, why it did not climb with all of the buying. It should start to move up by Friday.
Posts: 1638 | From: Up North | Registered: Jan 2006
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posted
It says the new agreement was entered into on March 14. The March 8 date just shows CNES total debt as of that date.
Someone tell me if I'm wrong but I think these are new shares sold off by the company in addition to the shares they had previously sold off to other lenders for a total of 4,650,000, as of March 8.
-------------------- Up Up and Away! Posts: 225 | From: Minneapolis | Registered: Jan 2006
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posted
Plus, if I paid 0.06 per share i would turn and sell them the next day for 0.001 per share. I think the lenders are holding until they get at least their investment back probably hoping for an increase of some percentage. If the stock were at 0.10 per share then I would say they may have sold them.
-------------------- Up Up and Away! Posts: 225 | From: Minneapolis | Registered: Jan 2006
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quote:Originally posted by Wino Ph.D.: It says the new agreement was entered into on March 14. The March 8 date just shows CNES total debt as of that date.
Someone tell me if I'm wrong but I think these are new shares sold off by the company in addition to the shares they had previously sold off to other lenders for a total of 4,650,000, as of March 8.
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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quote: quote: Originally posted by gatorhistory: only speculation but something big is in the works IMO.
And what makes you think that??? Something Big has been in the works for about a year now.....LOL
The way this stock has been trading the last few weeks. There is definitely a LOT of manipulation going on and the amount of stock that has been purchased leads me to believe something is definitely in the works here.
Posts: 960 | Registered: Sep 2005
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posted
Gator... I'd have to be numb not to agree with you. You are looking at this as accurately as anyone posting here the past few months IMO...I enjoy your posts and opinions... Buckle up buddy...
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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posted
Z-Man... Your question about useing the 2005 chart....
This works on any stock or mutual fund try it. Go to stockcharts, gallery page, and punch in a stock, notice where the "hooks" were on the way down cause that is right where you'll hit them on the way up! --cheap trick ~
I'm not an investor, I'm a trader. An investor digs into earnings and fundamentals, I trade, this for that. If something works, then I use it. The faster the better!
I'm not going to waste anyone's time with "claims" or gut feelings. If I write something, it's because I use it, and I use it because it works. I'll share "some" of the things I know, hope to pick up some things myself too! You can always be better and some people here know their stocks.
So yes I see where you are coming from, but keep in mind I'm very short term, charting combined with the right indicators "tweaked" for penny stocks can retire you early, they pay better (in my opinion) then stock options, - which you either win at or lose all.... Screw that!
posted
if this happens to get up around .002 is everyone gonna sell and wait for it to go back down or does anyone think it will go back down to .001 once it gets to .002 again im just wondering if i should sell at .002 if it gets there or wait and prey we might se .01 or maybe more someday. so what im asking is does anyone think this stock could or will it ever see past .01 or is that pushing it a little to much
just asking please reply
Posts: 2270 | From: andalusia, IL, USA | Registered: May 2004
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posted
.01 is wishfull thinking. A smart trader uses the information available to trade the stock on the way up before it peaks and starts to sink again. It's very hard to sell a stock thats dropping faster than a boat anchor. Pick your own entry point and your own exit point. Don't be manipulated by others who are "hoping" for a record payday.
-------------------- If ignorance is bliss, why aren't more people happy? Posts: 2647 | From: MN | Registered: Feb 2006
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posted
Just remember, don't be shook out by bashers either. Do your own DD.
Looking at the charts, it will move back near .002. Then re-evaluate to see what you want to do, if we get news of a contract by then, it will go higher. Bank it.
Posts: 1638 | From: Up North | Registered: Jan 2006
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posted
thanks Bearclaw...when this badboy takes off all the naysayers will disappear. I can't wait....I'll open up a bottle of the Veuve Cliquot '96 I've been saving. ;-)
Posts: 960 | Registered: Sep 2005
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posted
CNES... Well, all I have to say is get ready!
For what it's worth... Couple ones I'm playing with that I like. WTVN - look at the gallery chart on this... WGDF - MACD goes down and the price doesn't that = $$$ right around the corner with any stock! CIEN & JDSU - What's not to like here, dollar stocks, but nice! JPHC - still strong. OMOG - Buy in on Full Stochastic crossovers, I LOVE this little sleeper!! PCCE - I know you all hate it.. But it just gave another buy signal again today. -RISKY!! PYPR - seems ripe. RSHN - Classic pattern, nice. XSNS - follows a MADC nice!
posted
I don't know about you, but I see this as a great agreement.
First of all, it gives the company working capital.
The company is giving convertible notes in exchange (2009). Investors can convert warrants, if they exercise them right now (0.0009 x 20,320,000) they pay $18,288 to get $20,320 in actual shares instead of the $1,270,000 they are providing.
Obviously they'll wait to convert when price is well above 0.0625 or wait to be paid in cash in 2009.
If you see it differently, please tell me.
Posts: 297 | From: Dallas | Registered: Feb 2006
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posted
Hello everyone newbie here, I've been watching a long time and decided to be a doer, I'm in for 1M * .0012, not much but you've got to start somewhere, Trasq, I agree, You dont loan that kind of money without some serious backup. Oh and thanks to people like bear, wino, logic, and others for solid info.
-------------------- Do the right thing because it is right. Posts: 43 | From: Spokane Wa | Registered: Mar 2006
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posted
Welcome Never2OLD, I'm a newbie also, so most of my DD comes from my secret formula: Allstock hype + personal emotional investment + 11-12 beers + wife threatening to close my Scottrade account = buy! buy! buy!
Good luck *hic*
Posts: 602 | Registered: Aug 2005
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posted
Thanks clogger, LOL, Yeah after a few months you catch on who the pumpers are and who the bashers are, but still responsable for my own buying & selling.
-------------------- Do the right thing because it is right. Posts: 43 | From: Spokane Wa | Registered: Mar 2006
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posted
It goes without saying--but insuring capital for continuance of business plan is huge. Particularly, in getting through further fine-tuning and compliance. Many worthy companies run out of time and money before they can reach any relative measure of financial success. I see this news today as another positive sign of a co. determined to move forward.
-------------------- yourdiligence Posts: 197 | From: western U.S. | Registered: Jan 2005
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posted
Yourdue... Absolutely...I am wondering if it's for operating capital or something else...
By the way the shares won't hit the market until 2009...
Also the amount of money borrowed is almost insignificant if we start to secure contracts...I like what I'm seeing...
quote:Originally posted by yourdiligence: It goes without saying--but insuring capital for continuance of business plan is huge. Particularly, in getting through further fine-tuning and compliance. Many worthy companies run out of time and money before they can reach any relative measure of financial success. I see this news today as another positive sign of a co. determined to move forward.
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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posted
so what some of you are saying is this could possibly make it to .06 by 2009 i could wait i am only holding 2,000,000 shares but .06 would be just fine
Posts: 2270 | From: andalusia, IL, USA | Registered: May 2004
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posted
Hey Chopper... That gap looks like it was left over from the gap up and drop after the run between a PPS of .0017 and .002...Yes?If I remember right it blew right past that level..
Chopper, I see that PPS (.002) as above the third level of resistance...The last run was about 250% or more...Yes? Any thoughts after it breaks resistance if it will repeat that percent gain again? Good to see ya buddy...Any chopper Mountain news flashes?
quote:Originally posted by Chopper: Without any doubt it will go back to .0015 and sooner than you might think. There is still a gap to be filled at .002. From there who knows.
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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posted
CNES, if they are ready to sign contracts and make deals, from their new office, then they needed to raise some $$$. It does not look good if eveyong is sitting on the floor. They need to lease or buy furnature.
-------------------- Veni Vidi Vici Posts: 529 | From: CA | Registered: Jan 2005
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