Hey, gang--
Finally exited BEHL with a small profit.
Took up positions in VCTY and CCTC today. Already up 60% on VCTY in just one hour. More room to go, IMHO.
CCTC is a one-month (minimum) stay.
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Hey, gang--
Finally exited BEHL with a small profit.
Took up positions in VCTY and CCTC today. Already up 60% on VCTY in just one hour. More room to go, IMHO.
CCTC is a one-month (minimum) stay.
Man VCTY is up big today!!! good job, where'd you find that? I've got a sizable amount of shares of BEHL still, bought back in from.009 to .015 and hoping to get out on the next run. Seema like the only way this will move is if they start announcing revenue PRs.
Andy--
If found VCTY on the Penny Stock Guru's Blog (Google it), same with CCTC.
Cliff's Notes Version:
1. VCTY is hot because certain MMs are caught in a short squeeze. There are only 130 million authorized shares. More than that have been sold recently. Phantom shares.
2. CCTC is a stock that has fallen from $4.00 down to $.19 today. Apparently, preffered shares became available to sell (to company execs) for a 45-day period that ends March 31, 2010. Which means once that day passes, it should move right back up to where it was based on revenues, earnings, etc.
i took a quarter profit on a 20k block. playing with BAC also http://www.screencast.com/users/bass...8-598bfac84fca
Nice boom on ACTC Bass!
Breaking to further highs right now.
im on it dr d.... i think i just wanna sit on this one tho for a while. thats what im heavily leaning on. i really feel i bottom picked this one so i may let it ride long term
besides my zion trade, im crushing BAC right now.
I agree, ride ACTC out, you have a great entry.
With my limited math skills...I figure that there has been approximately 150M shares of Siri accumulated over the last 2 days. Todays trading range for most of the day was 1.115-1.13. Buyers outnumbered sellers seemed like 2 to 1 but no rise in SP...EOD drop was expected after today's range.
Seems like we are setting up for another pop end of week with CC. Would love to see us hit 1.25 - 1.30 by Friday EOD.
Bass - got your back my friend! Thanks for all that you do!
Dave...same for you sir!
JS
dont see much value in trading today. im still scanning for and i cant find anything. i think i may take the day off and just go back to bed.
Candle
Still looking for that loan my man...S and JBLU falling right into your wheelhouse again.
Made a nice and tidy 450 on OCNF again today!
SIRI closed ah @ 1.12 Vol 5.4M shares! Tomorrow could get interesting!
JS
Hey Greg,Quote:
Originally Posted by GoHerdGreg
VCTY ... That was brutal today ... pass the Pepto Bismal ...
Jumped into both of these today and avg. down on VCTY, am just hoping to get out alive at this point ...
LT
Sorry man...just found out that you got cut by the Chargers...uuhhh...not you...sorry...my mistake!
Anyone still holding the sponge...Pike Capital has acquired 24.3% of common stock. Stock seems alot more active these days. Still trading @.03-.04 but 15M shared traded today!
JS
Greg,
Couple of links ...
http://investorshub.advfn.com/boards...ge_id=46996509
http://investorshub.advfn.com/boards...ge_id=46999501
What? They cut LT? ... wow ...Quote:
Originally Posted by just sirius
I've still got a tub full of the Sponge. It's a long term hold at this point. The product is everywhere. So, I hope when they get the accounting up to date, that this will rise to where it should be.Quote:
Originally Posted by just sirius
Is the earnings report for SIRI tomorrow?
If so, here's my short term comments if things go sour, ie. if things are good, I'm not worried about it.
Just wanted to mark some support lines that you'd want to see held - and luckily, it was pretty easy.
The first level is 1.00. Supports are:
1) Psychological round number @ 1.00
2) Recent 50% Fib retractment @ 1.00
3) 13 ema (which is the preferred TA guys short term ma) @ exactly 1.00
4) 10 sma, (used more by fundamental guys incorporating TA) @ 1.02
So together we have 3 supports @ 1.00 + another @ 1.02, which is close enough, if you take the average, it's 1.005.
The second level is 0.95. Supports are:
1) Psychological round number - ie. multiple of 0.05, and also that level where folks that missed getting in under $1, will likely buy @ 0.95
2) Longer term 61.8% Fib retractment @ 0.95
3) Recent 38.2% Fib retractment @ 0.96
4) 21 ema (again, more preferred by TA guys) @ 0.94
5) 20 sma (more fundamental) @ 0.93
Take that average, you get about 0.946, so 0.95
I'd say looking at the averages though, a close slightly above $1, you would expect a bounce to likely hold, below 0.95, you'd expect further tankage. In between, maybe a bouncing until a direction is established.
That's just this chart. Pattern wise, we have a flag if you include yesterday's tail, a pennant if not. You can refer to Bass's chart. We have a catalyst coming. That said, with these types of patterns, you'd expect a decent move up or down. I may look at some other charts, and add to this, but just in case, wanted to throw it out there. In my case, I've used proper money management, and have used TA to trade this dog, so I'm way ahead, so I don't have any worries either way. I'd say the upward move would be a little more healthy to have a pullback to $1. Regardless of the overall EW, which I feel for individual stocks is a little nutty, if we just start over at the long 5 month push to get above the last resistance I used to yip about at 0.70, you can see for a small move, we have had a mini 1,2,3,4,5 up... though one could argue that the 1 could also be placed at the 3 here, as there is a fractal 1,2,3,4,5 within that... so I take that of course with a grain of salt... always seems EW stuff is easier in hindsight.
I see in afterhours trading the bid is sitting at my 1.08 level again, lol.
http://www.scripps.edu/~davess/siri21/siri20.png
Missed one - right below the "3", there is a candle that looks like it's high is 0.95, so that's another addition to the 0.95 list. Candles like that are significant, a lot of buyers use marks like that to go long, i.e on the 16th, I wouldn't have entered unless the price was higher than that candle.
So mark price resistance of about 0.95 onto that list.
If we ABC down, a likely scenario could be A=1.00 B=1.08 C=0.95, then we go up again.
But let's hope for the up scenario, where it just goes up.