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Starting to pick up steam here. Another investor mention the float is only 11 million which would mean it could be bought for less than 1 million at this price. I'm waiting for the transfer agent to call me back and I will confirm those numbers. Matt
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Didn't close how I would have liked but still nice. Another positive day with plenty of volume. Its still riding the bollinger band up top. We may see a down day tomorrow based off of the candle as the struggle between bulls and bears was more apparent.
I still haven't confirmed with the transfer agent what the float, A/S, O/S, and how recent those numbers are. I got to the secretary once, but he never returned my call. I called again recently and no one answered. I'll keep trying.
Anyways, the chart still looks good. RSI isn't maxed, MACD is diverging steadily and smoothly. Looks good on both the 3 month and 9 month charts. I'd like the 20 MA to catch up quicker so it has some rising support. Matt
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Been watching this one. If it breaks out above .07 it could run clean up to .10 200dma before next resistance. Keep a close eye on this one.
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Yea it stalled at .07. Previous lows from mid may are forming that unfortunately strong resistance. The major volume we're getting now will surely help though. Matt
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Volume is still big so that would explain the big drop. Thats much better than a big drop on little volume.
I just spoke with investor relations, Mr. Tom Nelson, asking what the A/S, O/S, and float are. He said he has been receiving many calls the past few days asking for those numbers. Therefore, he is going to talk with the CEO of dolltech to get more recent and accurate numbers for everyone. He took my number and will be calling me back no later than monday. Matt
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quote:Originally posted by stocktrader22: in at .056
Thought I remember you saying something about a POS stock? Ha...anywho...apparently you're the better for playing the dip and not getting sucked in by the run. I need to stop buying stocks midday and always wait for the last hour.
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Good job on calling investor relations, permanentjuan. A new PR will likely send this flying next week. Please keep us posted.
If you look at the price action over the last two weeks, it appears that .05 was the resistance last week, and the support this week. Weak hands are shaken out, and we'll be on our way to build higher support next week.
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Sellers are just creating a great oppotunity to buy on this dip. Chart looks great. Let them sell. More shares for the smart investors.
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Largest volume day yet. Volume kicked in early and knocked it down hard but apparently a strong rally to close. My new strategy is to buy on friday and sell on monday; similar to race on sunday sell on monday.
Stocks seem to take a hit on friday from people possibly selling to not hold over the weekend. Who knows?
Anyways, largest volume day this stock has seen SINCE IT HAS BEEN TRADING. That has to mean something. Lots of interest rolling in to this one.
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Welfare between individuals is immmeasurable. One reason why economics does not work. 8000 shares could mean the world. Literally. If you don't agree feel free to pm me. I'll set you straight.
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I hear ya permanent.... I have no worry whatsoever with my 8K shares..... I only see this one going up and hopefully will break that .10 barrier next week. The last update is very positive and hopefully PPS will reflect that soon.