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Getting a laugh out of these old charts - this one is one of the first I drew almost a year ago... everyday it updates itself, but my notes stay in the same place. I started marking the blue arrows when the price hit the 0.68-0.70 resistance... now I added two black arrows showing where the price finally congested around the next set of higher resistance levels. Creepy. Is it real or not? Looks like $1.25 is next, lol.
http://www.scripps.edu/~davess/siri21/siri-sr.png
another oldie, words off the screen - I like how that line held at the end of 2009.
http://www.scripps.edu/~davess/siri21/siri-old1.png
Here's the old monthly chart, I removed the moving averages, and put in the trendlines. Using a channel approach, a person with nuts could have spotted the turn around point at 0.05. Anyway, looks like we cleared that zone of resistance in the ovals. I could go over to the other siri sites, and say I told you so on those, lol. Anyway, we are getting to the top of the channel. Though, I'm not big on indicators, they are starting to turn positive - look at the Wm%R, ADX and PPO. Just need that Aroon to pop, and break that trendline, but I bet we have to ride it for a while.
http://www.scripps.edu/~davess/siri21/siri-mo1.png
Looks like I haven't touched this one since nov. I don't like it though, lol... I just extended the main channel lines. We are at the top... here I guess I would get rid of the question mark on the "4?" and put a "5" above this peak.
Though we are at the top, a lot of times if you are going to bust out, you'll see some congestion, or pull back to the 61.8% fib which should be on that first chart. So maybe we can break it. Previously at points 1 and 3, there was no congestion, and we had sharp rides down.
http://www.scripps.edu/~davess/siri21/siri-chan.png
dave youre the bomb. i missed most of the support lines on my chart, basically i threw up a target of 1.38-1.43 on an upwards breakout. but its good to know where you see us needing to hold. youre work always teaches me something, thank you.
Bass
Glad to see you back at KOAT...I'm starting to pucker alittle bit about the CC tomorrow am. Did not like today's close...Thought we'd be at 1.15-1.18 going into tomorrow. Now not sure I have the huevos(balls)to go through another pullback with delisting hanging in the air...combined with the 12M 22% increase in short interest from 2 weeks ago...It's a damn good thing I dont have a colonoscopy scheduled for tomorrow...They wouldn't get very far. hahaha
Thanks to you and Dr D for the great information!
JS
Dr D...what happened to Ramsey...haven't seen him post in a while?
js, im here and there im everywhere LOL, just trying to share whatever i can. i really want to liven this thread up again tho. this is the original moneymaker spot, maybe we can make it hot.
Quote:
Originally Posted by just sirius
Damn that's funny! :D
Hey Bass, please do!Quote:
Originally Posted by bassmaster
QASP had some news today and remarkably the SP didn't tank ... Too tired to ramble tonight, looking forward to the CC in the morning.
Funny thing...I was being serious! hahahaQuote:
Originally Posted by Los Tiburones
Hope we have a stellar CC tomorrow! Watch for the numbers to be released before the CC about 30-60minutes early!
JS
LOL, he's getting up bright and early... I guess I can sleep in, as I don't have much on the line. But now you guys are getting me all excited to see what happens. Can we hit $1.25? $1.41? We bouncing off of $1? or 0.95?Quote:
Originally Posted by just sirius
As usual, I have a lot of other irons in the fire to watch, but I guess this is the most fun. I have a greater than 10% gain going into the earnings, so that satisfies that rule.... I'm hungry, need to head home...
Every now and then we buy into penny stocks just to see them sink, sink, sink.
Some people say just sell it and take the loss. I myself say, just hold on, don't think about it much and wait and see what happens.
QASP has been one of those. I bought in at first around 2 cents just to see it go down and I forgot about. In no time it jumped back up and I sold. I've done that a dozen times in the last 6 months.
And then I bought a company called My Photopipe.com MPPC about 5 months ago. Well, it never did anything but tank.
I noticed it rise a bit in the last 3 days, and this morning it spiked. I sold out at a 50% profit. Right after that it dropped again.
The moral of the story is if you buy a stinky stock, just hold on. Sooner or later it's going to bounce back up. Had I sold it at a 50% loss 3 months ago, I would have been out a lot of profit.
I feel the same way about BCLE, BEHL, SIRI, GSAE, and even the Sponge. Sooner or later these all will turn into winners. It's just a matter of being tolerant and holding on tight!
What ^^^^ Candle said!
LT, I appreciate the links. Most of those companies are shells, just like VCTY.
However, they are all represented by the Mina Mar Group. And they do a great job of finding other companies to take over the shells, and promoting this.
If you're down on VCTY, just hang on like Candle suggested.
What goes down *usually* comes back up -even just a little bit- eventually.
Glad I got out of BEHL, however! I might jump in before the April 2 announcement of who the new CEO is going to be. I think there will be some buying in anticipation of that news, and that will create a little spike up in price on that day.
Buy on rumor, sell on news.
And pick the BASTARD'S POCKETS! LOLQuote:
Originally Posted by GoHerdGreg
So what happened with SIRI? I glanced at the report, but it was so long winded I gave up. What was the eps, and what was the analyst guess on eps? Did they make money?
I see my charts were in vain, the price didn't move, lol... hilarious.
Dr Dave
Breakeven for 4th qtr...beat street by .02...then...nothin!
Great guidance for 2010...zilch...nada...nothin!!
JS
lol,
Just be happy it held!!! You can't expect that much more run, nor would you want to after that near 100% gain we just had. Unless you really really really like riding roller coasters.
I don't really dig the price being below $1.08, but I'll take 1.07 for now, woulda been happier with 1.09, as 1.08 is kind of where the lines all met from my ancient chart.
Now let's hope it can hold the $1 mark.
Also, let's hope next quarter they actually post eps of 0.01. 0.01 is actually better than 0.02 or higher for the next one, as then they can calculate the %eps gain from 1 quarter to the next, can't do that with 0.00. It'll look better jumping from 0.01 later to say 0.04 than it would from 0.02 to 0.04... see what I mean... next quarter they would get a "-" since you can't divide by zero, etc. But 0.01 to 0.04 is a 300% gain in eps, where 0.02 to 0.04 is only 100%. Stupid stuff like that got JDSA to run.
Dr Dave
don't see + .01 1st qtr...traditionally worst qtr for company! Will probably show - .04-.06!
JS
Just Sirius,
Well if you believe next quarter is going to report -.04-.06 then why wouldnt you have sold everything at $1.13?
Based on that quess how low do you think the stock will go over the next months, and after reporting 1st quarter results?