posted
I'm not certain if it will retrace. Reason : there's not a lot of us selling + if the rumor of news becomes true this week it could be that we have another rush. We'll see tomorrow. Could be that I'll sell half. Haven't made up my mind yet.
Posts: 749 | Registered: Aug 2005
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posted
Bear in mind as well that only starting from today I've seen some extra attention to this stock on this and other boards. Could be that buyers are just starting to step in.
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posted
You are right. We have seen an increase in volume over the last few days. Don't know myself what to expect. Other than a good morning run that is.
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
Why do I think we will have a good run tomorrow?
White Marubozu was today's candle stick.
For the uninitiated, that means that the opening price was the low of day and the closing price was the high of day.
This means overall the bulls were in complete control of the market.
This is also a stick that shorters watch out for because when they see one it is a signal to them that they need to cover for now.
I think we either have a rest period, which should mean no correction this week, or a good breakout tomorrow and the correction will wait until Friday or Monday.
That is my uninformed and completely unreliable opinion.
The Bigfoot
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posted
could this be the retrace or are we in for another drop, possibly larger. any thoughts??
Posts: 806 | From: CT | Registered: Dec 2005
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posted
Haven't seen a drop in pps in close to an hour. Buys are low volume but it isn't affecting ASK. I tend to think that was our retrace this morning. bought us some room on RSI to grow and MACD is still strong.
Time will tell but I think this is headed back up. Would fit the general trading pattern if strength increase throughout lunch and turned into a push upwards near EOD.
We shall see.
The Bigfoot
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posted
Bid/ask starting to climb again. Don't count this one out yet. Still stickin to pattern of late day rise.
BF
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posted
Not a bad close considering the big shake we had this morning. Didn't quite make it back to .059 but still captured most of yesterday's gains back.
See ya tomorrow!
BF
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posted
yep...looks like this stock is going to take a rest at these levels for a bit and then resume the climb
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
The Bigfoot was hoping the near dragon fly on Friday meant this would be back up today.
Today's action along with Fridays chart have told me otherwise.
I still believe that this is a .07 to .09 stock and that it should be happening before too long.
But there are a lot of stocks out there and I don't like to let my money sit in something that is going to trade sideways for a while.
I will be finding an exit point today or Wednesday and look for the next good deal.
Will keep this on radar! It is a good solid stock.
The Bigfoot
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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I may have sold too early here. Didn't think it could do it. Should never underestimate the last minute run on this stock.
Well,
I'm out with a healthy profit and will have to be content.
GLTU folks. Hope this keeps breaking new highs for you!
BF
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I'm sure casviper and icraig are around here somewhere
Good luck bud!
BF
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posted
nice profit big foot nothing wrong with locking it in...i have a feeling this is either being frontloaded by a website or the short is slowly covering either way chart looks great...it tells me that news is on the way and the company has turned the corner...from what i understand there is a 8mil share short posistion...on top of that a buyout is rumored..so we will see...
Posts: 357 | Registered: Oct 2005
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posted
I'm still in and holding. Hopeful that this run will be the one that sets it off to .10 or more.
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posted
at the time I wrote that is was down 1.5 cents with the trend still indicating DOWN.
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posted
You guys are getting growth. Looks like you might just break that .06 resistance barrier today!
GL!
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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Looks like this stock is ready to continue the climb. Have fun guys.
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
Hey DD. I decided to get back in for a day or two since the .06 resistance has been broken.
I see a near term jump coming.
.065 filling nicely.
.07 today?
Bigfoot
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By the way : leaving for France tomorrow (I'm Belgian) and I'm taking the risk to keep my position. Will see in 1 week what happened. Guess you'll be on your own again LOL
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