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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » ABDE---gonna go BOOM!!! (Page 2)

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Author Topic: ABDE---gonna go BOOM!!!
MB
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Hoping for a slight pull back this morning to pick up a few more before this leaves the station.
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Forrestgump
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I have been filled at the bid yesterday...That tell me how low is the float. MMs need to wait for sellers... Any big volume on this one and we could fly...Hope some group player see what I see in this one...even without a substantial news...we can jump on or around .51 at least!

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MB
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Thank you [Smile] now for the ride...
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Forrestgump
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Down on low volume...!Half of the float have been trade yesterday. Just a normal situation here. Profit taker and impatient trader. Look at the trend not at the day to day trade.
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MB
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freeing up some cash to get some more here...a CEO doesn't cancel shares unless he believes his remaining shares will more than make up for the loss imo...looking for PR's to start soon.
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MB
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coming right back!
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Forrestgump
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Great entry point at this level...If CEO cancel shares...he don't need money for future development or he can borrow some on company asset...This was a great news yesterday and I don't understand why people not jumping at it while still undervalued...One of the stock market stange behave...!
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mr money
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Still holding all shares here. Short term this stock should make a nice run..imo
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MB
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fully loaded bring on some news...
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jakeo
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WELLLLLLLLL
There is only one thing that you can do when your down on 30% on a stock like this...
And thats average down!
Bring on the run!

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Forrestgump
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Posted by: Dream

Date:6/7/2006 5:25:28 PM


I got a feelin that something is going to happen here soon. I will admit that I am a bit confused about the share structure though (see below). With that being said, now we see large trades going off after the close. I think that the company is selling shares for some reason which is why I thing we'll see something develop here soon (just a guess). If that share structure stays the same, once the seller is done, this could pop very nicely. JMO

FROM THE 10Q
As of March 31, 2006, there were 14,158,750 shares of the registrant's Common Stock, par value $.001 per share, outstanding.

THEN THIS:
CEO Christopher M. Dubeau stated in part, "I have canceled these 5,000,000 personal shares to reduce the amount of issued and outstanding for the shareholders."

NOW THIS:
FROM THEIR WEBSITE:
Company
Stock Information
Shares Outstanding: 15,563,750
Active Float: 4,805,000 (approximate)

As of today

http://www.atlantisbdc.com/

Obviously shares were issued and probably has to do with that 1-E filing on 5-2. This is most likely related to the blocks we saw after hours yesterday and today. Maybe a merger coming? We'll see

This has been the first PR in about 4 month too.

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AGLOCO
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MB
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B/A tightening...news soon?
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MB
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looks like big dump is over for now...anyone else getting off? I am ready for ride back up. News please...
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Forrestgump
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Chart look almost ready for a big bounce...Just a matter of time now!
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Forrestgump
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I am trying to load at .035 since half a hour and no luck yet...!!!
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MB
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If it stays down here I will buy again on Monday when more $ clears.
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jakeo
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definitely has been consolidating at the .035-.040 range... bought some more at 35 today
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Forrestgump
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I add some at .04 today. Big buy at the EOD. Chart show a slowly reversal uptrend also. Moreover we should get news next week.
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Forrestgump
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with a float around 5 millions of shares, any major news coming from this company should bring pps around .51 cents in fews days. News will come, maybe no later than... this week. Big buy occur at the EOD last friday. Rumor about merger...( not yet confirmed)that would explain why M. Dubeau, has canceled 5,000,000 personal shares of common stock reducing the amount of issued and outstanding to 15,563,750. Anyway, we have to wait for more news. Jakeo is right, ABDE is in consolidating phase and chart show a slowly reversal uptrend on oversold and bollinger band is ready to rebounce.

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AGLOCO
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mr money
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Still holding and accumulating at these prices.
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JimSC
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ABDE
MMs will raise the pps to unload their
inventory -- they have the power to do
so because they hold the majority of
the shares now. This is a gamble and
the MMs are always the winners. To win
the game, you must play on their side.

Watch list:
FGFC
CBCL
RSHN

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MB
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Been trying to get filled at .04 all morning. just 5k filled so far.
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Forrestgump
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Patience....This stock gonna fly high. I am waiting for news.
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Forrestgump
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Good indicator will be HOD...pps!
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MB
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Looks like this has found bottom. No sellers under .04... picked up another 20k today.
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MB
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They have had it spread out here all day. I think we see news soon...
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Forrestgump
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I am monitoring all indicator MACD, Bollinger Bands Oscillator, comodity channel Index...they all point north... I do agree support at or around .04.
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Forrestgump
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DOW, NASDAQ, AMEX all down...!!!
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Forrestgump
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Interesting chart in a bear market...won't take much with a float of 5M to bring this stock north!

http://stockcharts.com/h-sc/ui?s=ABDE&p=D&b=5&g=2&id=p01394816427

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Forrestgump
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Longer we stay in sideway higher will be the uptrend...! Thats a T/A fact...Hold on to your hat and watch this one closely if you are not already in...!

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AGLOCO
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MB
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L2 thinning this morning [Smile]
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Forrestgump
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This stock maybe a gems in downtrend market all over the world. Japanese market was down today...
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WOOOOOAH. WTF ABDE. WTF.
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MB
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Fire Sale....wish I had $ at the moment.
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jakeo
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MMs getting as many shares as they can before the run up?
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