Wednesday, May 21, 2008 10:24:46 AM
E-Mail ALERT #3: CLXN "FDA" Play:
CLXN @0.0009
I believe there is an opportunity of seeing CLXN go test the MA50 above a +150% within a few sessions.
Lotto Ticket here, expecting some FDA news and maybe some other news related to European distributor.
Read the CLXN Board for more information. I have not done much DD.
I've read the last filings and it seems they converted Debt at 0.0007 for 220,000,000 shares, and that seems to have been doing this volume at these lows.
Perfect trading zone at 0.0009-0.0011 up and down, intraday. But now I think it will soon jump above. The seller must be running out of shares, imho. And word says there could be news coming during the next few weeks.
Chart: MA20 will get flattened tomorrow at the 0.0010 levels, while MA50 keeps falling.
Bollingers coming tight very fast.
If buying shares, I'd try getting them below 0.0010. There might be some 9's or even 8's available this week.
It could go lower, but seller has his shares at 0.0007 and we don't know if he is selling many, all, or some.
I'm going to hold the shares the next time it spanks 11's or 12's, but between 8-9 and 11-12 it is a nice flipper to lower the average price at or below the Debt Conversion price, LOL !
LOTTO PLAY for a +100% to +200% here at 0.0009, imho.
CLXN @0.0009
I believe there is an opportunity of seeing CLXN go test the MA50 above a +150% within a few sessions.
Lotto Ticket here, expecting some FDA news and maybe some other news related to European distributor.
Read the CLXN Board for more information. I have not done much DD.
I've read the last filings and it seems they converted Debt at 0.0007 for 220,000,000 shares, and that seems to have been doing this volume at these lows.
Perfect trading zone at 0.0009-0.0011 up and down, intraday. But now I think it will soon jump above. The seller must be running out of shares, imho. And word says there could be news coming during the next few weeks.
Chart: MA20 will get flattened tomorrow at the 0.0010 levels, while MA50 keeps falling.
Bollingers coming tight very fast.
If buying shares, I'd try getting them below 0.0010. There might be some 9's or even 8's available this week.
It could go lower, but seller has his shares at 0.0007 and we don't know if he is selling many, all, or some.
I'm going to hold the shares the next time it spanks 11's or 12's, but between 8-9 and 11-12 it is a nice flipper to lower the average price at or below the Debt Conversion price, LOL !
LOTTO PLAY for a +100% to +200% here at 0.0009, imho.
Follow me at your own risk; look where I'm fishin' LOL
All I say is my opinion &I could be wrong. Do your DD!
http://investorshub.advfn.com/boards/addBrdMrk.asp?board_id=11428
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