quote:Originally posted by simpleman: Yes I read all the filings on these companys and I have been waiting to find the low on this one. I was just trying tp be funny.
ahhh...gotcha
I got in at .003, IMO anywhere below .004 is good entry...
posted
Personally I would like to see more of a squeeze before I say bottom for sure. But usually that's when it takes off and I loose out on a few ticks.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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Relax, this has time yet. You'll know when it's over, it will intuitively obvious to even a csual observer. This required patince and still does. It willl do fine.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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possible...I like where NITE is sitting (.004) In my limited (1 year) of watching L2's, if NITE is sitting up on the ask and not actively trading, then the price tends to hit that level in the short term...just an observation
BTW, NITE is also doing this with CBAY, which is another great bottom play... pps is current .202 with NITE sitting at .26...
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Im already in hey will did you read the conference call posted on the website talks about a R/S but then also says that the company will most likely buy back shares
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simpleman, they all are pieces of crap. 90% of them will R/S sooner or later. This for me, was a timed play. I saw the dilutive filing, and the severe price drop, and jumped in. It is only my dumb ass opinion that when the dilution is finished, and the MM's want to unoad all the shares they accuumulated at a profit, they will step up and run this. I have been screwed everyway known to man and pervert from these penny stocks. If this goes BK, gets a Q, blows up, becomes worthless, it will just be one more way I got screwed. That being said, I ain't gonna get screwed. I will at least double on this pos.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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I have no idea what any of these chart smart candlesticks means. I do look at American Bullsh1t every so often, and saw this. Doesn't mean crap to me, but all the pumpsters use it, why not for SEVI ?
"The last two candlesticks formed a Bullish Piercing Line Pattern . This is a bullish reversal pattern that marks a potential change in trend. Though it is highly reliable confirmation is still recommended."
Anyone care to explain what a "Buulish Piercing Line Pattern" is ?
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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Bullish Piercing Line Pattern is a bottom reversal pattern. A long black candlestick is followed by a gap lower during the next day while the market is in downtrend. The day ends up as a strong white candlestick, which closes more than halfway into the prior black candlestick’s real body.
Recognition Criteria:
1. Market is characterized by downtrend. 2. We see a long black candlestick. 3. Then we see a long white candlestick whose opening price is below previous day’s low on the second day. 4. The second day’s close is contained within the first day body and it is also above the midpoint of the first day’s body. 5. The second day however fails to close above the body of the first day.
Explanation:
The market moves down in a downtrend. The first black real body reinforces this view. The next day the market opens lower via a gap. Everything now goes, as bears want it. However suddenly the market surges toward the close, leading the prices to close sharply above the previous day close. Now the bears are losing their confidence and reevaluating their short positions. The potential buyers start thinking that new lows may not hold and perhaps it is time to take long positions.
Important Factors:
In the Bullish Piercing Pattern, the greater the degree of penetration into the black real body, the more likely it will be a bottom reversal. An ideal piercing pattern will have a real white body that pushes more than half way into the prior session’s black real body.
A confirmation of the trend reversal by a white candlestick, a large gap up or by a higher close on the next trading day is suggested.
Yea right, Who's on First ?
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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