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They should continue to drop.
I see sgcp bottoming in the triple 0's.It had it's A/S doubled to 2bil. a few weeks ago.The O/S was maxed at 1bil.The PPS was in the mid .003's. They are a seasonal miner that just started back up the first of January.They issue a production report every month.I see the price dropping to the teens by virtue of the doubled A/S , and then down into the triple 0's from a disapointing production report.The stock did this before and took off from .0006 to .009.They are also developing 3 carbon credit projects that will inject cash into the company instantly upon the sell of the projects.These could sell tomorrow , or as long as next year.This is what is keeping the long term investors there.The potential however when this bottoms in the triple 0's can't be overlooked.I'll be buying in the 0007 range.
ECOF is still going to drop as well.Any thoughts of where it might settle are appreciated.GLTY.Jim
SGCP got some nice volume today...
I was able to take a general look at the two plays you mentioned here. I like SGCP on first look, I am going to do some more DD over the next couple days, but the chart is setting up very nicely. I do not think it has quite settled at the bottom yet enough to jump in for me, but it is getting there. ECOF I am not as positive on as far as the trading patterns, but in the next few weeks I think it could be looked at closer.
I am also putting off really firing up this board much for a month or so as some prior business deals I am working on are taking a little more of my time than I expected. However please keep in touch with me through this board or others and lets make some money together, after all that is why we are here.
I think you could have a nice find on SGCP, I will keep you updated as I look closer, and feel free to do the same yourself.
GLTY
Nice accumulation in WNMX today at .0007. I added more today and believe the MM's are loading up as well as individuals for the next run. It is not far away at all IMO
I appreaciate that and lets stay in touch. I have been away most of the day today but doing heavy DD tonight on some things and also the ones you pointed out. GLTY
Sure thing crash.I'd offer to be an asst mod , but I work offshore ,and we don'thave internet about %75 of the time.
Will look into these. Thanks muaythai
Hi crash ,it might be a little premature ,but I'm watching 2 possible bottom plays.Sgcp should hit tripple zero's, and ECOF should drop to about.05.Thoughts.Oh , added you to my favorites.MT
Please feel free to post your plays here and everyone please do your own DD.
The next is PMDP. If we continue to see the accumulators over the past week hold on to shares like I believe they will, this stock could see a major bounce off this .0003-.0004 bottom. This one is not quite as volatile as some, but I do think this will bounce off this bottom very well.
WNMX will be the initial play of this board. Do your own DD.
http://stockcharts.com/h-sc/ui?s=wnmx
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