posted
I'm in. Miller, I recall you hitting on a pretty good clip on your picks. Looking for a bounce here.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
If you look at the chart for the year, it historically has it's RSI in the 20's (20 in Jan, 22-25 in May-Aug, etc).
With MACD turning south, DMI turned south, etc....I just don't see it as bottom. With all the negative indicators, it looks a lot more like dilution to me (see their last 10Q on SEC site - "STOCK ISSUANCE
During the first quarter ended September 30, 2006 for the fiscal year end June 30, 2007:
Ayuda Funding, LLC converted 76,027 shares of Series A Preferred Stock into 760,270,000 shares of common stock to repay Ayuda in the amount of $2,392,991").
This looks like more dilution with all indicators headed south for now. I suspect that this may continue to fall down to the .0010 range before making any recovery....
I love stocks when they are down, cuz it usually means a bounce is coming. IMO, that bounce isn't ready yet.
-------------------- "Sometimes I lie awake at night, and ask, 'Where have I gone wrong?' Then a voice says to me, 'This is going to take more than one night.'" - Charlie Brown (Charles Shultz) Posts: 719 | From: Leesburg, VA | Registered: Jul 2005
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posted
Thanks for the analysis. It's good to hear both sides. I also assumed dilution, but was thinking it could bounce after the fall. I didn't put a ton into it, so I'll probably let it ride a bit. If I see more selling ot start Monday I may bail, but I'm in at .0020, so I'd be okay with getting out at .0018 or .0017 and not feel terrible about it.
quote:Originally posted by bowlegtroy: If you look at the chart for the year, it historically has it's RSI in the 20's (20 in Jan, 22-25 in May-Aug, etc).
With MACD turning south, DMI turned south, etc....I just don't see it as bottom. With all the negative indicators, it looks a lot more like dilution to me (see their last 10Q on SEC site - "STOCK ISSUANCE
During the first quarter ended September 30, 2006 for the fiscal year end June 30, 2007:
Ayuda Funding, LLC converted 76,027 shares of Series A Preferred Stock into 760,270,000 shares of common stock to repay Ayuda in the amount of $2,392,991").
This looks like more dilution with all indicators headed south for now. I suspect that this may continue to fall down to the .0010 range before making any recovery....
I love stocks when they are down, cuz it usually means a bounce is coming. IMO, that bounce isn't ready yet.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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quote:Originally posted by bowlegtroy: If you look at the chart for the year, it historically has it's RSI in the 20's (20 in Jan, 22-25 in May-Aug, etc).
With MACD turning south, DMI turned south, etc....I just don't see it as bottom. With all the negative indicators, it looks a lot more like dilution to me (see their last 10Q on SEC site - "STOCK ISSUANCE
During the first quarter ended September 30, 2006 for the fiscal year end June 30, 2007:
Ayuda Funding, LLC converted 76,027 shares of Series A Preferred Stock into 760,270,000 shares of common stock to repay Ayuda in the amount of $2,392,991").
This looks like more dilution with all indicators headed south for now. I suspect that this may continue to fall down to the .0010 range before making any recovery....
I love stocks when they are down, cuz it usually means a bounce is coming. IMO, that bounce isn't ready yet.
OT:
good to see ya... haven't crossed paths, lately...
posted
Yeah hey guys, i havent been around as much lately. This is a 2-3 week hold. It was called by Bill Panetta at around .0025 for a forward looking event at the beginning of January, and he is rarely wrong with a big move.
Big thing with this trade is that it isnt much of a scalp. When Bill makes calls, they normally go more than 100%. So we will see, the company is obviously diluting.
The pick is a little risky and isnt exacly "my type" of call. Like the old times, but i trust Bill and his track record is tops in my books when it comes to small cap trading. When he knows somethings up, i take his word for it.
Good luck to all, maybe just watch this as i am getting back into the groove. Have a good holiday everyone.
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call Posts: 3100 | From: Louisiana | Registered: Apr 2005
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posted
Here was Bills email that i believe came out Thursday night. .......
New trading idea (SLWF) Greetings!
Symbol: SLWF stock to watch
SLWF: My New Trading Idea SLWF: My favorite plays are forward looking event plays. SLWF has a forward looking event at the Las Vegas Consumer Electronics Show January 8-11th. Read the latest Press release: Press Release One of the products they will displaying is there SX Gen Product. Here is a video presentation of the product:Presentation This a 2-3 week play for me as the event unfolds. On the Technical Side: A break above the 50 day MA on the daily chart will get the party started. Discalimer: I currently own the stock and looking to buy more in the open market. Disclaimer: I was not compensated by SLWF the company or by any third-party to talk about SLWF, it is not a buy recommendation or solicitation for the purchase of the stock. Seek professional help if you desire to buy stocks on the OTC BB or pink sheetsfrom someone that is licensed.
Visit Our Website
We thank all the members of Breakout*********** for there support.
Sincerely, Bill Panetta
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call Posts: 3100 | From: Louisiana | Registered: Apr 2005
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posted
Their last event did the same in October around the "Value Rich Small Cap expo". Take a look at the chart about a week before the event (Event was the 25th). I agree that this type of event usually has a run prior to it, and will probably buy in, but buy in time for me would be around the same period - 1 week before the event. That makes the buy in for me much closer to, or just after the new year....
-------------------- "Sometimes I lie awake at night, and ask, 'Where have I gone wrong?' Then a voice says to me, 'This is going to take more than one night.'" - Charlie Brown (Charles Shultz) Posts: 719 | From: Leesburg, VA | Registered: Jul 2005
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posted
Forgot to add that I think MM will take it down longer, and may bring it up when it gets closer to this event, instead of a full week before.
All IMO!
-------------------- "Sometimes I lie awake at night, and ask, 'Where have I gone wrong?' Then a voice says to me, 'This is going to take more than one night.'" - Charlie Brown (Charles Shultz) Posts: 719 | From: Leesburg, VA | Registered: Jul 2005
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posted
What exactly is making this jump. I've had shares for so long....I'd given up.
Posts: 11 | From: Connecticut | Registered: Nov 2006
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quote:Originally posted by MillerTIME: Hey yall its been a while. Just entered SLWF intra day at .002. Chart lookin great as it has reached its bottom now imo. RSI looks amazing.
Could go much more than 25%, but as always i am conservative.
Merry Christmas to all...ahahahha, ill take cash or check for the 3% fee i charge...ahhaah
Hope yall enjoyed it....28+% today. Enjoy
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call Posts: 3100 | From: Louisiana | Registered: Apr 2005
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posted
Again, as many know, i do not reccommend listening to me on sell points; do at your own risk. I can only give you an EASY 25%
On this one i will be holding everything into at least the first week in January.
Bill Panetta and BB Stock are both stating that the chart pattern is great here and they expect a similiar move to the october run. Knowing me i cant hold that long, but ill see how long i can hold.
Dont know how he knows it, but Bill is saying that the company has stopped the selling of shares.......
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call Posts: 3100 | From: Louisiana | Registered: Apr 2005
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