posted
I think that the monemtum play is coming up soon for this stock. Either it will be selected as a group P&D buy or real company news will move the interest level to the buy side. Right now, anything under 4M shares/day traded is not a signal. I believe that there has been systematic accumulation of this stock, look at the daily spikes in the past 3 months, there have been several days over 20M shares traded. If price drops back to .0005 or .0006 then we have no buy gonig on, if we move up above .0007 this week, I'd start buying in now for a run up.
posted
Looking at a one year chart certainly makes this stock look more attractive. It has a history of price volatility and right now it appears to be at a bottom. Also the company has a good history of news releases. However release dates don't coorespond very well to price increases.
I have my hands ties with a couple of other bottom plays right now, but I will keep an eye on CTCK.
Thanks for the alert.
Posts: 1443 | Registered: Apr 2006
| IP: Logged |
posted
There is no news posted anywhere that I can find. In the world of pennies, the only indicator that seems to be consistent is the momentum volume increases due to possible buy ins by people near the company before a stock runs up. Up until now, everyone has been holding onto their shares.
Posts: 100 | Registered: Feb 2005
| IP: Logged |
posted
Still hanging on to this one--it definitely seems to be overdue for some movement up and it should definitely be an attractive level for some 'new money.' We look to be at bottom of cup-type of situation and some greater volume could move this up.
It's definitely one of the more mysterious pennies out there IMHE whether or not there is a huge rise coming in near future is anyones guess but certainly buyers are taking less risk here with entry at .0006 area than a number of holders who are likely at .0010 + average.
-------------------- yourdiligence Posts: 197 | From: western U.S. | Registered: Jan 2005
| IP: Logged |
posted
What is going on, something is up, why all the volume recently? I hope news is coming, my experience tells me that this may be what is happening, I have nothing else to go on, no PR's recently and no one I know has any contact with the company.
All we have left is to brake .0007 Look at the chart people - then we can go much much higher…
Posts: 55 | From: Europe | Registered: Feb 2006
| IP: Logged |
At the moment Bid x Ask (.0006 x .0007) I am interested what the resistance is and what is the support, in other words how many shares are for sale (at .0007) and what is the buying interest (at .0006).
Would appreciate the info.
Posts: 55 | From: Europe | Registered: Feb 2006
| IP: Logged |
posted
May 17, 2006 (M2 PRESSWIRE via COMTEX) -- Geneva, Switzerland, and Dover, Delaware, USA - StockTargets, Inc., a private Swiss company and an innovator in investor sentiment tracking on listed stocks, measured a firm shift in investor targets over the past 2 days on Coattec Industries, Inc. (Pink Sheets: CTCK), following a new recommendation.
Investor sentiment and forecast shows a substantial increase, and remains resolutely positive on the stock's prospects, following the latest news and a revaluation of the company by TTS Zurich http://www.ttszurich.com . Investors now forecast the stock rising to approximately US$ 0.0025 during the next 12 months.
The StockTargets consensus 12 months target was US$ 0.0015 recently. The 12 months target by TTS Zurich for the stock is US$ 0.003. These different targets can be reviewed by clicking the following link: http://www.stocktargets.com/cgi-bin/ticker.pl?command=ctck.pk . Targets indicators on stock are an aggregate of all the news, sentiment and forecasts available on the company at a given moment in time, as perceived by investors. Coattec Industries, Inc. website is http://www.coattecindustries.com .
Coattec Industries, Inc., a development stage company, engages in developing roofing foils and housewraps for housing and other building construction. It holds a license to manufacture and distribute roofing foils and housewraps under the trade names, COATFLEX, COATTECFLEX, and DIFFLEX in North America and Latin America.
About StockTargets, Inc.
StockTargets, Inc. ( http://www.stocktargets.com ) is an investment banking and investor relations firm. Its Web site records all participants' sentiment, expressed as targets by its users. The StockTargets system, by building an investor sentiment indicator, attempts to gather and determine an measurement of all entries of users. The user's consensus target can be compared to targets provided by professionals, such as brokerage firms, analysts or fund managers. StockTargets Inc. was founded in 2005.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement. All trademarks mentioned in this text are properties of their respective owners.
CONTACT: Sean Kelly, StockTargets Inc Tel: +41 22 700 7648
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info*m2.com.
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
