quote:Originally posted by will: I am waiting to see how it handles the terrible 2's. Contrary to some idiots beliefs here, that .02 is the most difficult number in the deck, but I feel this one will handle it. .02 is automatic resistance for some reason. All 2's seem to be.
Humans love round numbers, thats fact. 02 is hard becuase it worries people. 02 is the first penny you break after becoming a penny, then 5cents and 10cents are hard.. No science to this, its just round numbers. Actaully quite silly..lol
COME ON 19!!!!!!!!!!!
Posts: 162 | From: Atlanta | Registered: May 2006
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quote:Originally posted by trc4949: well guys, according to my indicators, we are in breakout mode right now and monday should be the follow through day..
the RSI pattern similarity played out exactly as expected, simply amazing..
the only thing at this point that is a little odd is that the chart is saying news will come on monday, and it just seems like a weird day for news... seems like news never comes on monday and is probably the worst day to release it.. early in the week markets are just warming up..
but for whatever reason the chart is saying news and breakout on monday!
by the way it is nice to see WLKF on top of the leaderboard on my ETRADE top ten list
he man, im trying to get my head into charting. I got the basics, but can you post some tips for seeing the trends and indicators that you see. (refrencing news/ break out possibly on monday). thanks
Posts: 162 | From: Atlanta | Registered: May 2006
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quote:Originally posted by skip: wishing my order at .0085 would have filled earlier this week, or that I wasn't such a cheap ass and upped my order to .0104 yesterday!
good one guys!
a lot of good dd on this thread too.
Hey skip, any entry point here is a good entry. This stock is very undersold, I got in at .009 when I started the thread and I have been buying more through the Uptrend.
-------------------- Please do your DD. Break some bread with me! Posts: 1138 | From: atlanta | Registered: Apr 2006
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Ok, they're gona try the terrible .02 again, good luck !
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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danny-k, this is the best i can do.. too hard to describe what I am seeing in words... I need a full hour and a few beers to explain it to you so it really makes sense...
but this chart says it all... the RSI has shown that it has broken out of the DOWNTREND.. this is confirmation that the breakout is in process... the SAME exact thing happened to AXGJ before it went from .03 to .30
so in my opinion, blue skies ahead... probably .10 cents at least...
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This stock is going to close over .02 EOD today, and monday will certainly be very interesting. It holds strong. News is definitely coming out next week that will send this baby HUGE !!!!
-------------------- Please do your DD. Break some bread with me! Posts: 1138 | From: atlanta | Registered: Apr 2006
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quote:Originally posted by trc4949: danny-k, this is the best i can do.. too hard to describe what I am seeing in words... I need a full hour and a few beers to explain it to you so it really makes sense...
but this chart says it all... the RSI has shown that it has broken out of the DOWNTREND.. this is confirmation that the breakout is in process... the SAME exact thing happened to AXGJ before it went from .03 to .30
so in my opinion, blue skies ahead... probably .10 cents at least...
ok thanks, nice charts. thats the reason i bought in. i like the reversal potential. We are definatly reversing this now, and i belive we have plenty of room to grow. .10 would be beautiful. But conservativly i think .025-.03 will be seen monday. If vol build monday (which i think it will, people have two days to notice this thing) we could run very high, very fast.
Also, whats the deal with the news Binjamins (sp?)? why do you think news next week?
Posts: 162 | From: Atlanta | Registered: May 2006
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but what are the chances of seeing news on monday? seems like an odd day for news.. so maybe news on tuesday instead... fine by me..
Posts: 261 | Registered: Nov 2005
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quote:Originally posted by trc4949: but what are the chances of seeing news on monday? seems like an odd day for news.. so maybe news on tuesday instead... fine by me..
lets comprimise, monday 2pm for news. Im still unsure where the news rumor came from.
Posts: 162 | From: Atlanta | Registered: May 2006
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Going by the company's PR release pattern, News release is imminent. I'm also hearing from some investors that the company is set to release a major PR sometimes next week. I dont know how solid this is, but judging by the trades volume yesterday and today, SOMETHING IS UP!
-------------------- Please do your DD. Break some bread with me! Posts: 1138 | From: atlanta | Registered: Apr 2006
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great day today.. hopefully monday we will have more vol and continue our uptrend.
Posts: 162 | From: Atlanta | Registered: May 2006
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what the hell is with that after hours trade at 132? is 132 going to show as our close PPS?
Posts: 162 | From: Atlanta | Registered: May 2006
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quote:Originally posted by Danny_K: what the hell is with that after hours trade at 132? is 132 going to show as our close PPS?
dunno... could just be an MM balancing books. maybe a scare tactic. sucks though cuz now my portfolio numbers are messed up.
mine too.. that should show up as the close price, correct? But the balances that pull of L2s are screwed up now. ohh well.. it did that last night.
Posts: 162 | From: Atlanta | Registered: May 2006
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i've been spreadin' the word as much as possible... still on the warpath with this one :-) i don't want to come off as pumping, however, at this point i feel that any upspeak given to this play is a legit winner for anyone getting in under .05 or so. thus, i feel comfortable in pushing it heavy until it becomes even slightly apparent it could be a bagholding nightmare.
-------------------- Cashing checks in two forms: Money and Reality
GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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Still holding as well. There was probably some sell-off Friday, there are a couple momo plays getting a little more hype this AM but this will pick up shortly (IMHO). It's still early. Hopefully this one get's nice in a while!
-------------------- There are those for whom such life makes all other existence seem tame! Posts: 52 | From: Alabama | Registered: Feb 2006
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in terms of technical analysis, nothing has changed the super bullish picture.. just a little waiting game and chance to accumulate more
Posts: 261 | Registered: Nov 2005
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this play's just now starting to get some action/attention from other boards (specialty and otherwise). damn good rebound today. at least for now, MMs might be trying to keep quick day-flippers out cuz potential for a run is too good with the low o/s and float. also, fyi, i just sent a nice and detailed letter/questionaire to the CEO today. will report back if/when i hear back from him.
-------------------- Cashing checks in two forms: Money and Reality
GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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