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504,000 on the Ask. What a joke. If someone wants to hold it down, could you be a little less obvious?
Still here.
Hahaha. WIC doesn't do anything half way. He's a gamer.
Thanks, Rip. Really helpful to hear from him directly. Shareholder priority is so nice to see. What a straight shooter. Again, thanks.
Thanks, Upper11. Looking good. Hopefully, yesterday's dip was a last gasp before we run up over 9 and 10. Sure was good to me, as I picked up about 50k shares in those 7s.
PS The MACD histogram also showed a non-firming on the last down move, a sign I always like to see.
Yes, WIC, the body gaps are right there at .064. Be great to leave those behind with a breakaway gap or big news causing a blastoff with this small float. We'll have to see. It won't take much...
Love to hear anything Adam says. I bought a few chunks in the 7s myself today. BTW, the weekly gap is gone now. By any measure.
A tiny slap at the close after several nice slaps today. Doesn't take much to give this PPS some nice leaps.
Who on this board slapped the Ask today?
I had a Bid order that didn't fill.
You're right, Ripdog. There are two theories on gaps. Wicks and Bodies of the candlesticks. Body being the more stringent. As for as OMID, we'll see. Hope you're right that Wicks close the gaps. I have a buy order in, if the Body theory wins out.
Thanks for all your input on OMID. I like to combine technicals (charts) and fundamentals.
.064 is where it needs to go to close the gap. It could go lower, but I actually hope it gets down to .064 to end the gap issue. Hopefully, it won't go much lower if any at all. Usually it does when closing a gap. Like you, I have dry powder ready for mid to low 6s. ;
I, too, am ready for a payoff. I wasted waaay too much time on my last 2 penny stocks to payoff and they did not. This is my last try.
I'm with you, Birch, but you probably know I have a history of checking on gaps on the daily chart. When I started averaging into OMID, I soon saw the gaps at around .064. I didn't see them as a threat, especially after the AS and float were so greatly reduced. Thought we'd see a sustained run in PPS. Now, obviously, I guess I'm pulling for the gaps to close, so perhaps we can move upward, if that is the thing holding us back. Don't ask me why gaps affect things, I have no answer other hundreds of observation over the years.
That said, we need to close at .064 or open at .064 on the daily chart and I believe those gaps will be closed. I would think and hope it will happen next week.
It will never need a reverse split to uplist to NASDAQ and indeed has a chance to do it all organically! You know I love that statement (love the BOLD), WIC! But, as usual, you pretty much said it all. Thanks!
Tesla is all About the Model Y
Thanks for posting the link to that letter. Good stuff in there.
P.S. I grew up near KC and I've been a Chief's fan since the Lenny Dawson first SB victory. :)
Yes, stochastics oversold and Williams ready to go up too. Come on, news!
Small float, we fly.
This thing is not easy to day trade. The spread between the bid and ask is always significant. There are 5000 shares on the bid at .10 right now. So you sell your 5000. Big deal. Can you buy them cheaper? Maybe not, so why bother.
There was a pretty obvious sell point early this morning for a couple of reasons. But I was at work and not able to go for it. But, again, with this low of a float, how do you know you will see this thing run right past your sell point. Then you get to chase it and end up with fewer shares.
If you guys projecting dollars are right, I want my shares when that happens.
Incredibly low float, sharky. So when we see revenues increasing, things will zoom up fast.
BTW, keep an eye on WSRC. PPS has been very volatile the last couple of days but they are now reaching new highs as I type. Remember they have a low number of outstanding shares as well.
Daytraders flipping can be frustrating to watch, but daytraders will always join the fun when they see a fast mover show up on the board. Combine their flipping with a low float and we get radical PPS gyrations. True value eventually wins out as the daytraders move on to another flipper opportunity. Then they'll be back when the next leg shoots upward.
Wow, up 841% in one day. That dog will hunt. This thing could get just as crazy with that small of a float.
Good to hear, upper11. Yep, I left you know who in the dust after a helluva try. Not looking back there. Damn, that was frustrating. Keep up the good work.
Thanks, upper11. That's the story. GLTA.
So WIC and upper11, do we have a CEO that actually cares about shareholder value for a change (shared bad memory)? Please be true!
Thank, Ripdog. Your posts have been helpful. I read them all.
Thanks. I like what I see, so I loaded up. Always glad to see you, too. Keep your good TA coming! WIC, good to see you, as well. GLTA longs.
60 minute chart showing two really good things. Inverted head and shoulders is filling out beautifully (could be cup and handle) and PPS should rise very nicely soon.
The other thing I like is the 50 day moving average crossing the 200 day moving average on this same chart. Check previous times this happened and there were healthy PPS rises soon after.
Can't believe how many outstanding shares are being reduced very soon. PPS should gyrate like crazy with such a small float. Hang on for dear life!
CEO completely silent for months since telling us he had $12 million in orders and an attractive buyout on the horizon. Not impressed. Yep, I reduced my holding greatly today. I'm an eternal optimist until things start really smelling. Come on, man. Are we supposed to remain positive shareholders with zero news and a quarterly that didn't stand up to promised sales? Previous success in running a public company is no guarantee.
Pissed.
Thanks for the Pincher tip, georgie18. Much obliged.
Billeaud Capital Management, LLC (Lafayette)
https://wallmine.com/adviser/227369/billeaud-capital-management-llc
Went from a possible inverted head and shoulders, to a possible cup and handle to an excellent example of a pennant formation. Breakout with some volume will get us up there at .02 or so...
The longer the pennant forms the higher we go. This is no time to sell.
https://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:flag_pennant_continuation
Build me up, Buttercup. Don't break my heart...
Sorry, sweetheart, can't take you seriously, with that handle. :)
Boom time? Jumped from .009 to .0095 disappearing. Finally some big slaps on the ask.
Inverted head and shoulders pattern almost complete. Won't be long and then we break upward.
Golden Cross AND a clock ticking, Jellyfish. Check out the 60 and 30 minute charts and see a near perfect cup and handle forming. A few more hours of building out the handle and we zoom to .014ish. Tick tock...
Actually, you might interpret the formation as an inverted head and shoulders. Just as clear and powerful indicating strong upward movement is very near. Watch it build out and enjoy.
Golden Cross tomorrow. Check out the last time this had a Golden Cross. Took off like a rocket.
Elevator up, elevator down. Fooled me on the first RS, Jason. Not again. So glad to be out and vindicated by seeing the elevator going down. Jason, you are an SOB.
I'm out. Recovered a good chunk of my losses. Can't fool me twice either. Resigned as a moderator today.
BTW, there are two gaps on the daily chart down below in the sub pennies. Hint: one is in the .006s, so you are right on, Battlecam. Wanna bet those gaps will close? Oh, yeah. At this rate, its ugly to imagine how big the RS will be. Not hanging around for 2000 to 1.
Golden Cross time. Within a week.
Golden Cross in approximately 2 weeks...50 day moving average rapidly heading toward crossing the 200 day moving average. Big deal.
What Is a Golden Cross?
The golden cross is a chart pattern that is a bullish signal in which a relatively short-term moving average crosses above a long-term moving average. The golden cross is a bullish breakout pattern formed from a crossover involving a security's short-term moving average (such as the 15-day moving average) breaking above its long-term moving average (such as the 50-day moving average) or resistance level. As long-term indicators carry more weight, the golden cross indicates a bull market on the horizon and is reinforced by high trading volumes.
TradingView.
KEY TAKEAWAYS
The golden cross is a technical chart pattern indicating the potential for a major rally.
The golden cross appears on a chart when a stock’s short-term moving average crosses above its long-term moving average.
The golden cross can be contrasted with a death cross indicating a bearish price movement.
Thanks, DoctorX, for the well articulated posts that make good common sense. There are lots of us here that notice.
Onward and upward, just like the other times we played with sub-penny
prices, I hope. Take a little time here bottoming out. Again, there are no gaps and I hope we don't see any for a while.
Just want to see it go up nice and steady. Better yet, how about huge news and a breakaway gap, never to be closed. I am sitting on my hands watching. Planning no trades.
Hey, WIC and ATDS FB Cult, ALL daily gaps have OFFICIALLY been filled! Took a while (see August 28th and 31st on daily chart), but the deed is done. I stacked on some more shares after selling some higher and I'm ready for ELEVATOR UP!!
May this be the last trip!
PS The descending resistance line that I have been using to sell is at just over .02 at the moment. If we can pass that mark and hold it, it may prove this to have been the last trip. GLTAL. Come on, Jason. Let's get this train going...