posted
hmm Charbel...its hard to say i probably would get back in till about the .0015 level...wouldnt pay much more then that, cause now this is getting real risky to buy...but if this one does close near or at the HOD i will buy for tomorrow mornings gap and sell right there. u usually can net anywere from 10-50% like that
posted
when there is a wall as such one in cyca what does that mean? and how would a trader analyze the wall to his benefit?
Posts: 276 | From: Wichita, KS | Registered: Aug 2009
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posted
a wall could be many things, either its alot of people trying to sell there at that price, or mms to scare people from buying making them think that there are alot of people trying to sell. so its hard to analyze. it all depends on situation, i guess it comes with trading experience on how to analyze that perticular wall. Personally though i love the walls that are put up cause when they fall the stock usually runs hard!
.0035 wall coming up again
.0029(2) by .0033(1) and then we have the .0035 wall again
this one should breakout further after that .0035 wall falls
Posts: 1264 | Registered: Jul 2009
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posted
The wall may also mean that there are too many demand for the stock at that price and many people are not willing to sell yet because they think the stock may go up further, after a long wait and the stock does not go further, the begin to sell and the fall begins to a point where the demand meets the supply.
Posts: 602 | From: Minneapolis | Registered: Jul 2009
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posted
looks to be very volume driven. Easy money if we can pick up a 100 mill+ shares. It will be down for a second day as of today. Looks like from the chart that it doesn't stay down for more than 2 or 3 days before a positive day. so tomorrow will be a good buy in day.
Posts: 38 | Registered: Aug 2009
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posted
Cytta's move from biotech at the end of last year ("... US - Cytta Corp (Cytta) withdrew its agreement to acquire the entire share capital of Ophthalmic International Inc, a Fountain Hills-based manufacturer of medical equipment, and a unit of Continental Fuels Inc, in exchange for 56 mil Cytta shares..."*) namely pneumatic trabeculoplasty to digicom in Summer 09 ("...In exchange for the License, Lifespan received 6,000,000 shares of Cytta's common stock, and in addition will receive a license fee equal to one half of one percent (.5%) of the net revenue derived from the sale and use of the products and services. Lifespan has committed to purchases of the products manufactured by Cytta commencing in 2010 and will utilize the Products in conjunction with various medical peripherals in the medical electronic data transfer and electronic medical record market as a home healthcare data transfer and communications tool as well as a medical verification, authorization and billing solution..."**) could benefit from clarity re: their implementation strategy.
While the withdrawl from the OI Inc agreement can be credited as sound in hindsight as pneumatic trabeculoplasty hit documented hurdles with FDA (effectively quelling the US glaucoma market for the technique), the current market for Lifespan's product line/technology remains to be seen.
Presence at a credible medical technology conference such as the upcoming AdvaMed http://www.advamed2009.com/ or DMDC http://www.dmd.umn.edu/ seems a helpful step forward should the product line be viable.
posted
in some CYCA here. 0012 is support. 1 left at .0014 and then we have .002 on ask, flashed that on the ask a few times...ready to move up after a big drop imo
Posts: 1264 | Registered: Jul 2009
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posted
lol my portf. is all red today.. was skeptical on CYSG but ive seen cyca drop and really skeptical about putting what i have left in there? suggestion?
Posts: 276 | From: Wichita, KS | Registered: Aug 2009
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posted
yeah today has been a very slow day in pennyland, any stock that goes up is only going up like 10-20% and then dropping hard, trapping many inside. Definitely not a good day in pennyland besides maybe a handful of stocks.
personally if i had only one stock to invest in it would NOT be CYCA. I think there are alot less riskier plays out there then this one! That being said though i still think this one runs soon
Posts: 1264 | Registered: Jul 2009
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posted
.0013s getting hit..1 left there and then we have .002 on the ask...looks like reversal is starting
Posts: 1264 | Registered: Jul 2009
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posted
0012(2) by .0013(1)...bid keeps getting thicker and ask is very thin...after this 1 mm at .0013 we have .002 at ask
Posts: 1264 | Registered: Jul 2009
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