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If anyone was wondering, I've been taking a look at the technicals for SEEK and it's looking like it's starting to wind up a bit. I've only had about two months to work with because of the ticker change but it looks like we've come off of the high that was caused by the P&D when the company was still Elysium, trended downwards, cleared our low points to consolidate for a new base price support around .00185 while not breaking below either Bollinger Band or Keltner Channel extremities. The moving averages are simple, weighted, and exponential and are closing in on one another which is the signal for a consolidated price range. Also, if you take a look at the dotted blue lines coming off the top and slowly flattening out towards the bottoms, this is the Parabolic Stop-And-Reverse indicator and from the looks of it we are flattening off (or stopping) from selling at the .0017-.0019 price range on a downtrend which, in theory, should mean that we are due for a reversal upwards. Lastly, the momentum and strength indicators are showing that we are in the recovering range from the last price large price fall.
These of course, are my interpretations of the graph and data I'm using but I thought I'd share with you all. Here are two different looks at the graphs using a daily line indicator and a Green-Red candlestick type bar approach. The deviation used for the price point with the bands is .0003 from the average of .0019 giving us critical high and low points of .0022 and .0016 respectively and the time frame used was 1 month.
And the Bollinger Band and Keltner Channel perspective.
From the graph above, we can see that indicators point to sell if we happen to fall below .0016 again due to a break in support and the panic that ensues but, if price is to break the Keltner extremity high of .0020, indicators point to buy and upward movement. Also, on that upward trend, if PPS breaks through the second ceiling of the Bollinger extremity price .0022, indicators point to continued buying and renewed upward pressure.
very good looking chart for seek. Technically, it's about to to up. You got a good one here, based on technicals. If I can free some money, I'll join you there. I will check the fundamentals and decide. But it's looking really good chartwise.
I'm doing what I can to get some attention coming in through here to increase traffic size and what not for us. Looking to get to the point where we have 100+ followers and 1000+ posts so that it's not so dead. Think we're doing okay though considering this board is only a little over a week old.
Also, Thank you to everyone who marked the board today! Your support is much appreciated. Sorry it took me so long to get back to you all, I was doing some heavy technical analysis and refreshing my DD on our long term pick $SEEK. I believe that the time for an uptrend is nearing and if you can get in around .0016-.0018 you will be happy you did. It shouldn't be too hard to get in around .0017 unless momentum picks up tomorrow.
Let me start it off by just saying that tomorrow, after the close of business, the official financials for SEEK are to be released in which Q3 is expected to show a NET, not gross, but NET profit. Also, Oct 1 through Jan 31st is the scheduled buyback period. Following financials, the CEO is going to announce a conference call for investors to listen in on and get caught up to speed with recent developments of the company.
Finally, for those of you who are interested. Take a look at my latest post on the SEEK board for my technical perspective on the stock. Please keep in mind though, this is a LONG-TERM pick but can also be played as a short-term pick if played right...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67515701
You're certainly getting attention by the increase of member marks. If your picks are become winners, more people will pay attention. Come on, make zmgd a winner from your pick.
Glad you like it Titonick, doing my best to remain neutral about things and just be a source of information and collaboration here. I'm a bit sick of all the pump and dump scams everyone seems to be running these days. Hope we can be of use to you! Feel free to bring any thoughts or questions to the board.
-Phil
Phil,
Wondering what you think of a couple stocks I'm contemplating. They are ENKG down 70% today with news of a new EVP, (hoping to get in at .0010-.0012). The other is SIOR up 21% on 6x 10 day average volume, (hoping to get in at (.0032-.0035). Any thoughts would be appreciated.
nice board, here, looks to be a new gem on ihub
Congratulations! That's a very good chart. Looks like a lot of these pennies are moving by technical aspects. With a good-looking chart, positive news will help; a bad-looking one, great news sometimes aren't helping at all. Momentum and charting is so important. For zmgd, we're having a terrible looking chart.
Yeah, I still have more in DUSS hahah it's been treating me well. Definitely a good pick here for us and I see growth continuing as well with more news to come.
Wow, duss on fire! Hope you still have some left for it.
ZMGD, No one is will to touch 5, so the Mm will most likely let the shares at 4 executed and we'll be 3 and 4 again. Then, there goes 3 getting hit.
About 4 times the current price. I still think they will drive this down more.
If you dont mind me asking what is your average at with zmgd? I see the ask up ticked with only 1.4M sold this morning. Hopefully we can see some buys at 5 and uptick to the 6s and form a base.
Yeah, penny stocks move pretty much based only on momentum and sentiment. If you're going to hold strong then I would say averaging down is a good idea and that you can wait to see how far down the dip goes because it's not like you'll be losing out if the price goes up. UBBS is a market maker, a trading company that is in the OTC markets to make money by taking amounts and differences on trades that they execute. I can go into detail but I'm low on time at the moment. Stay aware though, don't average down until you feel like ZMGD has hit its low and is about to rebound so you can help fuel the momentum of the rebound. This is my advice anyways, you have a good night and I'll see you on tomorrow!
I'm already a bagholder. Nothing I can do now except stay optimistic. The last one I played, sp*s, I sold it down near 0.0002 out of panic and lack of news from the company. One month later, it went up to 0.0022 from 0.0001. If I stay strong, I could double my principals. Instead, I lost about 80%. By the way, that stock issued frequent fluff PRs and rebounded strong. There seemed to be some strong group was behind it and it kept its momentum and rose to that hight point. Now, zmgd is missing some forces behind it despite all these good significant news. Different stock, different fate. Who knows if zmgd will rebound great. Just hoping and keeping the faith until it proves otherwise. By the way, who the heck is that UBSS seller? This guy is just a terrible person with bad character. These are not fluff news, they are revenue-driven deals. You like to reward companies doing good, but it's being heavily penalized even it's operating well. The world is just turn upside down. It's very ridiculous and discouraging. I guess I'm having such terrible bad luck these days. For whoever keep beating a dead horse they are terrible humankind; you know who I refer to on the zmgd board. This world is insane.
Stop buy to mark your board sir. Great work with DUSS. Good seeing you on the board!!!
Have a great evening guys!
That would be nice, but if it hits .0001-.0002, it would be really hard for it to make a climb back up. Just be careful. Don't want to get stuck as a bag holder. It's always better to take a loss and try to recover somewhere else than lose most of your money and be stuck with worthless stocks. I'm going to see that if within another week ZMGD doesn't find strong support again at the minimum level of .0006 then it would be time to sell and move on; that is, unless you plan on playing it long term.
If it drops to 1 and 2, 5 million shares only cost 1k. I'm waiting for that.
I don't know, but they usually like to take this down to RSI 30 before let it bounce up. So it's very possible.
Yeah, I've picked some up at the .0004 mark and will accumulate more if I have extra money. Playing 5 different ones right now so I'm splitting my money a bit thin.
Do you think it will trend down some more? 3s were on the bid most of the day, but the 4s on the ask were getting hit hard. I'm thinking with the 4s being at the 52wk low this should trigger some scans for bounce plays. And it appears that its been bouncing between 4s and 6s. Just my two cents.
Daily profit, are you going to average down on zmgd in the next couple days? I did today and will try to get more as it will probably trending more.
The comeback from DUSS is currently in progress at the .0078 range.
SEEK financial statements are released at the close of business on Thursday where they are expected to show a PROFIT with increasing revenue streams. Also, next week is the beginning of the buyback period for SEEK as well.
TOFS is slow and holding. Looking for news and attention to get and momentum.
FEEL is holding at the .0002-.0003 range. We think that getting out sometime this week at the .0003-.0004 range is a good idea to prevent yourselves from being locked into the company as a bag holder.
VUQO is holding. Big news to come in the future is the past is any indicator.
ZMGD lost momentum with a sharp early PPS drop but is regaining some ground currently.
Our previous pick DUSS drew back yesterday and is looking to make its comeback now. We believe that if you can get it below the .007 range, you could potentially see large gains.
Ticker VKML has just been pumped via e-mail blast by multiple sources along with some compensated awareness on iHub boards and should be seeing some nice gains the coming week. Their float is fairly low and the PPS is currently at .05 so if the attention hits big like they hope it will, then there will be good movement for a while. Beware however that since there is so much money going into this pump, more than likely, a big debt holder or the company itself is looking to dump a large amount of shares. If you're going to play VKML, we recommend only playing within the 1 week span that the promotion will be mainly effective for and getting out before it loses momentum/liquidity as to prevent yourself from being trapped into becoming a bagholder.
Thank you again for the marks. So from what I can see, ZMGD seems still pretty legitimate in terms of business operations and their PR's don't seem like anything too outrageous. Usually, when companies want to pump a stock to sell, they make claims that aren't possible for small companies and just take advantage of the hype which I don't see going on here. It seems as if ZMGD is building a small business step by step as necessary. To be honest though, in the short run I don't see ZMGD making too big of a run over the .0010 range because the company still seems to be lacking a lot of attention needed to generate a big run in the PPS but so far, as I can tell, it is one of the better long term investments.
Remember, this is all my opinion and perspective. I would say that if you're a day trader that plays in the short run, it would be better to find a different company that has more movement/liquidity to their stocks and PPS but if you're in it for the long term which could mean 6+ months of waiting for an eventual run, you definitely could see the company growing much larger. Hope this was helpful to you and if you have any questions, please feel free to ask and I'll be more than willing to help. Best of luck!
-Phil
Thank you again! I just member mark you for being nice to helping me out. I really appreciate you and some other person I seeked help with. Frankly, whatever you find out regards zmgd I will stick with it as it really has a lot of good things happening. More important, it's too cheap now to take the exit anyway. I will try to buy more shares in the foreseeable future. Thank you again.
Sorry to get back to you so late. At the moment, I do see ZMGD being able to make a run if attention can make its way towards that stock which is more dependent on pumps and the activity on the board than anything, that is unless there is a large PR. I will do some further DD for your tomorrow and get back to you. I wouldn't want to give you advice that may affect your portfolio when I'm half asleep.
Thank you for the mark and I'll get back to you early in the morning.
Hi, I'm also in zmgd as you may already knew I have been posting there. Are you still bullish on it? Though it has been trading poorly, I'll try to keep my faith as too many good things happening there. By the way, I marked your board.
TDP- what are your thoughts on TOFS, EVDR and ZMGD?
Looking to get in TOFS at .0009-.0010, EVDR at .0007 and ZMGD at .0004-.0005. All three are close to the bottoms.
DUSS is doing REALLY well as one of our previous picks. They've gone up roughly 110% so far in the last 3 days. Definitely a big mover there with high rise in PPS and low volume trading.
Thanks man, I agree.
Yeup, next week should be your chance for gains. If you don't get it by then, I recommend playing it defensively. Just looking out for your portfolio and this is just advice, play it to fit your style.
It certainly appears that the sell-off has stopped (at least for the time being). Now if we can get some volume this thing could have a nice little run. I believe we have seen the end of the .0002s and bid support should turn into Ask slappin' in the next couple sessions. I'm thinking .0005 by EOD Monday or opening Tuesday. And thats with no news. With news this should go hard and fast.
I believe your time to sell at the .0004-.0005 range is coming up soon Nedrgr. If it doesn't come up by next Friday I'd recommend selling it at the .0003 back and taking the transaction fee hit as a loss and moving on. Just my 2 cents.
Nice to see you on the board BlackOp! Thanks for all the DD you've done on DUSS. I was able to do much of my own DD without going too far thanks to all of the information that you provided on the DUSS board. Looks like DUSS had a strong day today with a bit more strength to come for the remainder of the week. Too bad I had to make room on the board for other picks or it'd still be on the recommended other stocks here. Best of luck to you!
DUSS News out!!! :)
Also, keep an eye on TOFS in the coming days as they are merging with another company. Their pricing right now is neutral but we believe it is a good time to buy in to a starter position.
http://www.sunbiz.org/pdf/00379950.pdf
One of our previous alerts DUSS made a run today. 20M worth of trading volume and roughly 35% in gains for the day. Watch DUSS to see whether they can break the .005 resistance this week or not. Could be big news coming up.
Thanks for the update! I was still looking into the company on my own for more DD but the float is still in the general range that I was expecting so that's good. Funny thing, I added it at .07 then at the end of trading yesterday someone painted it to .13 and it's holding. I almost doubled up instantly.
Hey great job picking up shares of OPHI at .07! But some of your numbers are outdated... here is the updated S/S
Share Structure as of August 30, 2011
* 150M Authorized
* 61,215,081 Outstanding
* 53,897,248 Restricted
* 7,317,833 Float
$GRPR has done amazing today. It's unfortunate that we missed out on that action.
PGIE could also be hot in the coming days if this deal goes through with the potential buyer of their drilling rigs.
http://www.otcmarkets.com/stock/PGIE/news?id=35813
$TOFS could be a decent play if you can get in around .0012. They had recently reduced their A/S and O/S to 1.6B from 3.5B and only have 900M on the float with rumors of a buyback. Also, they are in the works for a merger. Probably a short term play unless their merger shows high returns though.
I came to the same conclusions. I just hope it doesn't spark to large of a sell off and delay the run.
I've read through the proxy statement that was posted on the FEEL board today and the reason for the rumors of dilution occurring was a recent approval to increase the amount of A/S. It could be bad or it could be good, but at this point the statement says the company has no intention to sell those shares.
This could mean they need to sell in the future to raise money for bigger projects or it could mean they're protecting themselves from having a shortage of cash in case of an emergency. In the statement though, it looks like they did so to maintain at least 51% of owner ship between the CEOs for control of the company. Just my 2 cents. Hope this helps.
Well, just remember it's a short term pick from my perspective. If you don't get a chance to get rid of it at .0004 within the next week or two, I would probably get rid of it for .0003 to protect myself from losses. Who knows though, there really are a lot of possibilities as to why all of the recent buying has occurred but I wouldn't worry about falling below .0003 unless the company actually does dilute and that would have to be a pretty large dilution.
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