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Author Topic: I got a strange feeling about MGEN today!!
RCAnalyst2007
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John,

Here is an opportunity to buy. This minor correction should break the resistance at 0.04

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Johnwayne
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Well I can't chase over 15% on the day of a run. That is one rule I live by.
Now I will be moving funds in here slowly and accumulating for June but jumping on a hot tin roof is not the way I like to accumulate.

What you looking for here for the rest of the day RCA? There I am asking that question again.

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Thanks Matto. Thanks Juice.

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RCAnalyst2007
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We have bullish reversal pattern. This suggest that we will continue our previous rally. 3 day target is 0.13 or higher.
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RCAnalyst2007
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These are my prediction based on 2 hour trend analysis on weekend. These values have +-0.02 tolerance.

4.05.06 $0.13
4.07.06 $0.51
4.19.06 $0.17
5.02.06 $0.22
5.19.06 $0.25
5.23.06 $1.05
5.26.06 $2.30
6.10.06 $5.20

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jordanreed
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try to stay level-headed,if you can with these wild predictions...just food for thought

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jordan

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Johnwayne
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Well things seemed to have slowed a bit. Let's see where the mm's want to take her. Dang that no chase above 15% rule has saved me again in the short term.

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Thanks Matto. Thanks Juice.

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RCAnalyst2007
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Today's rally is a reversal rally.. We should not move more than 0.05.. Tomorrow or the day after we'll have bigger rally. Most likely wednesday April 5th with the target of 0.13
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RCAnalyst2007
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No sellers until 0.038. Just buyers are not sure yet or they want it cheaper. But that hope could change to "I better get in before it's above 0.04"
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Johnwayne
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RCA- what if we close in the red? What does that do to the trend?

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Thanks Matto. Thanks Juice.

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RCAnalyst2007
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John,

We have flat bottom..A bullish reversal.. and a very positive news.. Going below 0.03 has very little chance. There has to be a negative news to have that possibility. I don't see any reason why should sell it. Do you? I have a lot of reason to buy it. Don't you?

It's just the buyers are not in yet. Most likely they will be in tomorrow or after. They just don't know the potential yet. I hope you do.

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JOELGA
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Ok guys, just entered in at .0319
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RCAnalyst2007
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Just be patient guys.. Very good accumulation today.
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RCAnalyst2007
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We had buyers above 0.031 with less than 1 million shares.. Current volume is 3.5 million. That suggests that today's buyers are not selling.. It's just MM's accumulating.
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Johnwayne
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Well I wanna see if it bounces off .03. To be honest I was expecting a bigger pull back than we've seen since last week's run up. It is worth me paying a little more if it bounces off .03 and begins moving up.
Can anyone tell me if ARCA is still on bid?
Do you see this moving up at all today RCA?

Welcome JOELGA! Good luck to you.

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Thanks Matto. Thanks Juice.

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megahead34
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Yea, i see a whole lot of buys. I think this will rise after the lunch lull.
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JOELGA
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I think we will close in the .034 range today, and then over .04 tomorrow.
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Johnwayne
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Are MM's serious with that spread?
The tape is looking strange today. Alot of transactions at neither bid nor ask in last few minutes, almost half of all transactions in blue.
Very strange to see them bunched together like that.

Mega - good to see you here again. Did you stay in this or sell and looking for re-entry.
I remember I think you bought in at .046.

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Thanks Matto. Thanks Juice.

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megahead34
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Yea, and i sold at .045 before the big dip. I rebought at .037.
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RCAnalyst2007
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My close prediction is 0.047-0.049 range.
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RCAnalyst2007
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quote:
Originally posted by RCAnalyst2007:
I hope Monday we do "SEPARATING LINES PATTERN" that way we can continue our prior trend.

This pattern gives me this prediction;
OPEN 0.038 (+%31)
LOW 0.035 (+%20)
HIGH 0.052 (+%80)
CLOSE 0.049 (+%66)

Let's see if it happens. It's possible with a stock this strong.
 -

Here is an explanation for that pattern. http://www.daytradersbulletin.com/html/cs32.html

This is what one of my predictions that posted last day was. Open was lower maybe because the accumulation demand is high.

Still, we have great bullish reversal pattern with very nice volume which suggests continuation of previous rally.

[ April 03, 2006, 13:24: Message edited by: RCAnalyst2007 ]

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Johnwayne
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RCA-
I think low is .03 right?
Also what site can I use to compare charts?

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Thanks Matto. Thanks Juice.

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RCAnalyst2007
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Yes. I think we will start rally towards 0.05 pretty soon.

Also, there are bunch of news ahead..
-Test results of UNDIET
-Website for UNDIET
-Informercial updates.
-Financial Report
-UNDIET announcement.
-Distrubition announcement.

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Stock, Ham, and Mayo Sandwich
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RCA,


You are out of line when you post that about CNES in the CNES thread. CNES is up the last 3 days, myself and other people are making money. Don't tell us to forget about it until May 5 - I expected better of you.

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RCAnalyst2007
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dkinvest,

It's the facts.. Why do you want to hurt people including yourself. CNES is my favorite. I just like to help others to learn about the facts. It's just MM's trying to suck your money today.. You don't have to listen to me. I wish I could show you my analysis.

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Stock, Ham, and Mayo Sandwich
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quote:
Originally posted by RCAnalyst2007:
dkinvest,

It's the facts.. Why do you want to hurt people including yourself. CNES is my favorite. I just like to help others to learn about the facts. It's just MM's trying to suck your money today.. You don't have to listen to me. I wish I could show you my analysis.

I'm sorry, but when you say "It's the facts" that it completely proposterous. The "FACTS" are not the future as you are implying. The only "FACT" is past history.
The MM's are not getting any of my money today. I have been holding CNES and it is prime and due for another run-up, not a drop in PPS, by the EOW. As you say, "Mark my words".
If you want, you can e-mail me your "Analysis" - I am extremely interested on how you know the future. Let me know, I'll PM my email address.

BTW, I think your MGEN PPS for 4-5-06 is out-of-line as well. But, if that happens - I'll buy you a steak dinner.

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RCAnalyst2007
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7 million shares.. They really need this stock.
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RCAnalyst2007
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john,

are you back in yet? Or still thinking?

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JOELGA
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Yep, a lot of MM signaling today
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jordanreed
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slowly decreasing vol since the spike on the 29th

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jordan

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Stock, Ham, and Mayo Sandwich
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quote:
Originally posted by jordanreed:
slowly decreasing vol since the spike on the 29th

Ya, now its time for Jim Cramer to Pump this - That would put the St***sters volume to shame.
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Johnwayne
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I am not in yet but it is only a matter of time for me. As I said I would rather see something that screams that it's ready to run and pay a little extra if I'm going to put short term funds in. I've not seen that yet this afternoon.
If that does not happen I will switch tactics and move long term money in here.
I do not like to move long term money in on the day of a press release for obvious reasons and yes Jordan I see the same decrease in volume.
RCA- truthfully I'm not sure what to expect in short term.

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Thanks Matto. Thanks Juice.

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Repoman75
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Cramer is the only one who can save this now...back to the teens for this POS

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Stick with Repo's plan in '07 - FRPT/DKAM!

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Stock, Ham, and Mayo Sandwich
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quote:
Originally posted by Repoman75:
Cramer is the only one who can save this now...back to the teens for this POS

I wouldn't go that far.
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RCAnalyst2007
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john,

Volume should convince you. Second highest one I believe.

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Johnwayne
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Anybody know what level 2 ask looks like?
Where is USBSS

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Thanks Matto. Thanks Juice.

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