posted
ADBN: Bottomed nicely and is working on a very strong up trend. It bounces up whenever the price hits the 50 DMA (.002). Last week It bounced from .002 to .0095 that's almost a 500% bounce. Today it hit .0021 and closed at .0025. I expect it to make another strong move up towards .01. Hopefully it will break through the 200 DMA and hold above it at .006. Then we can worry about resistance at .01.
The 50 DMA and 200 DMA should complete a bullish cross in the future as the 50 DMA has the stock moving on a nice angled up trend.
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-------------------- Always do your DD!! Posts: 258 | Registered: Aug 2005
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For Friday we sent out ADBN A rare subpenny play. The only way to describe the movement on this stock is INSANE. We profiled this on Thursday night at .0025 it ran up 100% to .005 and then settled back down at .0025. I have the feeling the lower close was chart manipulation. We said the 200 DMA would be resistance and it was. I did not think we would hit resistance in one day though. This stock moves quickly and strong. Obviously holding our upper trend line and the 50 DMA. I have a feeling this one is going to have a great week it has an explosive feel to it.
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posted
Bid x ask dropped and is heading back up.....
I added at .0025!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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Williams %R is oversold an getting ready to cross out... which for this stock is a very good signal.
Amer bulls also lists as a hold with a previous buy at .0025..... I got mine today at .0025!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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posted
Looks like it is going to move up this morning.... watch for some MoMo to build early, they it will fly....
It it breaks .005, then it could really go!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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posted
Nite and SCHB moved up to .004 on the ask.....
Any buying pressure and this one is GONNNNNNEEEEEEE!!!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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1 MM on the ask at .0035 2 MM on the ask at .0040 (and they keep moving up!)
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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I was at ask several times with a couple million. Had to play a stupid game of who was going to budge first.
Posts: 793 | Registered: Aug 2004
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I can't stomache companies with 2 or 50 billion in the O/S.
I look at the MC and note many companies like this are in the 1 to 5 million MC range...
AVST was exactly like this one with similar amount of shares...and a very similar start at .003
One tidbit of news and it went bonkers... I enjoyed the quintuple, that is 5 banger in lay terms!
It seems more realistic to see a company like this with an MC in a normal range, then trying or hoping to see a company with 50 billion O/S trying to squeeze a nickle....
Secondly, I couldn't get shares easily, and I was at ask all day. I want a lot.
that is all:)
And thanks for bringing this to the board.
Posts: 793 | Registered: Aug 2004
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With the buying struggles I had yesterday, had orders of 500,000 and 600,000 several of them at ask, it wouldn't go through until late in the day.. It was cat and mouse, I watched the ask tick up everytime I stuck a bid at the ask out there.
Tomorrow, I will throw a 2,000,000 share order at the ask...
Posts: 793 | Registered: Aug 2004
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I know they are restructuring and planning on selling more items other than the usualy stuff they sold, but does anyone know what they are leaning towards?
I need a contact also...
Posts: 793 | Registered: Aug 2004
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I want to know where they are taking this. I saw a ticker change, and no news since..
I have a bunch of shares now, and tried for more today but I am not going to bid higher until I hear something concrete.
Posts: 793 | Registered: Aug 2004
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