Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
would you look at that MACD. one more healthy day and it is off to the races. A lot of covering will happen
I appreciate your concern! I might worry about covering, too...junk stocks like this can easily rise for consecutive days. Careful David!
Why is traded haunting one trade for this stock? Anyone having similar problems?
not the dreaded Head and Shoulders!!! :(:(:(
No offense, but this happens on every stock I've been in that is under $2 and some slightly over. Really all depends on volume. The fact that this seems unusual to you means you don't have a lot of experience with these types of stocks. This will not change. Just know what you are up against and make profits when you can. Always dangerous to go long with MMs in the field. They watch support and resistance levels and know that most that play this market do the same...if they know they can break certain level of support, they will scare out many short term investors and begin a sell off. Best of luck and use technical analysis to attempt to stay ahead of their game. Cheers
When we break .15 tomorrow this is taking off. #MakingMoney!!!!!
first of all golf is not less played now than ever before! you are so misinformed. Is golf in a decline from when it was at its all time high before the economy fell and when Tiger was dominating Prior to 2005? yes, however this in no way means it is less played now than ever. The declining economy certainly had an effect on golf, however it had an negative impact on consumer goods in general. Should FUSE just close the doors because the economy in general has been in a recession, even though some hints of recovery in process?
Regardless of whether the growth of fuse is slower than expected, there will be growth. With the recovery of the economy and the resurgence of the Greatest Golfer of All Time, the game of golf will again regain foothold. It's golfing season, Tiger Woods is the face of the company, front and center in Golf Galaxy, Golf becoming more health conscious with fitness, and its MASTERS WEEK, The timing is IDEAL. FUSE is in GG now with new distribution on the horizon enabling market expansion far beyond the golf industry. GLTA
When tiger was signed the stock was trading in the low to mid .40's range. I remember when it happened. Stock popped to high .50's then came back down and then back up she went. (and back down she went :(...) lol
GRIFF you have been awfully pessimistic as of late. I remember when you and I were so excited a couple years back when tiger was playing in the masters. you were giving me play by play while i was at work. What happened?
This is not only about the golfing market. There are many golfers that are weekend warriors that will see these products and news will spread. the fact that this is on display in a major chain like Golf Galaxy is tremendous at this stage and it will only increase popularity of the product. Tiger is multi-cultural and known for his golf game as well as his incredibly fit physique. allowing him to back this product is not only good for golf, but for individuals who are interested in keeping fit. This is just the beginning!
I am extremely optimistic, however this does not mean i will not be buying and selling for the coming peaks and valleys. I do think, however that this distribution news will hit the market and we will see a serious increase in buying this week. This stock has legs once it gets going, and i would not be surprised to see a major spike this week. AND if it does, i would expect a pullback...GLTA
DROP HUGE DISTRIBUTION NEWS TODAY! IN EVERY GOLF GALAXY STORE IN THE NATION STARTING TODAY. AT EVERY CASH REGISTER WITH TIGER WOODS FRONT AND CENTER!!! GOING TO BE HUGE!!
http://stockcharts.com/h-sc/ui?s=DROP&p=D&b=5&g=0&id=p07458152755
fair enough...well said my friend! either way, I think we are both going to be alright here! lol
no he does not! lol good post. and btw. IT IS GOLF SEASON, with Masters Week upon us. Could anyone think of a better time to release a product that is trying to appeal to athletes, fitness, and oh btw Tiger fans?????? Timing is EVERYTHING!
Why would you want to continually talk about the negatives of the stock you invested your hard earned money? I am not blind to issues this company has had in the past. I have been here for years now. I have been here for years because of what this company has achieved in the little amount of time they have been public. Just because the company is late on an announcement or their financials does not warrant bashing and talk of scams, fraud, exc. It's a real company, with real problems which i think we ALL can relate to. Very excited about this announcement and have every right to be. The timing of this announcement with Masters Week is impeccable. GLTA.
ooo I like it! Great Job and Thank you!
Check out the Stockastics...already crossed over and is now looking to cross back over the oversold line which we all know is a BUY sign! :)
mmm watching that macD curl up on the daily chart is truly beautiful! lol
golf has become more physical fit and has taken a new form since the 'Tiger' era. Fitness is everywhere and it has certainly bled into golf. With tiger woods as the big sponsor i think Golf Galaxy is very smart for the time being.
You got it York. They cannot be concerned with every opinion of the investor. They have a plan and they are sticking to it.
oh i don't think so. This is not about a pop in the share price for a week. I don't care what the PPS does in weeks to come, this is going to bring the name of FUSE to the market in greater terms than we have seen before. Significantly greater terms... on amazon or golf galaxy checkout with tiger backing...I like it
and all of that is great for marketing, but what if the public really loves their products? sky is the limit. all optimism of course, but very exciting indeed.
its not about only golf galaxy. This is getting the name out with tigers face front and center. Not only that, the fact that Tiger Woods is making a hell of a comeback helps as well. tiger is a game changer for the game of golf. The better he does, the better the golf industry does, the larger the market becomes. This has been true ever since Tiger has come to the golf scene in '96. I think this is a great start to bigger things in the future. Time will tell. GLTA
and this is the biggest news this company has had since its beginning. to be in every galaxy store nationwide today??? REALLY???? can't wait to see the financials after this news release. Now i think this stock is significantly undervalued. GLTA
all the doubt about FUSE not being transparent enough. They stated they were going after big distribution deal, they said it would happen soon, and what do you know? they did EXACTLY what they stated. Good Job Fuse and management.
He would have to be vested in order for you to buy his shares...you may be able to buy his cover tho lol
Nothing should intrigue you about the predictability and repetitive nature of the posts..every board has theirs and unfortunately we have him..he/she is not a concerned long. They try to make it seem as tho they are concerned or passionate in an attempt for others to take their constant trashing more meaningful. This board has gotten so pesimistic. Healthy debates are great but this board is full of doubters and naysayers, which is fine, however why are all of us here if we saw no potential..we found our bottom and we have so far to go..this is an exciting time and i am looking forward to the news fuse brings this summer/year...not a DISASTER! .GLTA
this is the OTC. Lack of transparency is expected and FUSE has been quite transparent compared to some. hang on it will be a fun ride.
MONOTONY GRASS!!! forming a base. We should be expecting a bounce in the near future. It is something to be excited about. better than saying this is a DISASTER...WHAT ARE THEY HIDING...WHO IS SELLING...TIGER HAD NO ADVICE AND GUIDANCE WHEN PUTTING HIS NAME WITH THE COMPANY..BLAH BLAH. Today was a positive day. bounced off .11 support and found some buying pressure. It would seem as a bottom is in the making. Good luck to everyone!!
little bit of both ;)
very true, sir. Very true!
LOL that is quite the consensus. or maybe that is not the case and maybe they believe in the product which is why they are on board. so much negative sentiment, however the minute we bounce everyone will have positive things to say (aside from Bgrass). Then, we have a down day and the comments like "they are in over their heads, they don't know what they are doing, I'm starting to think this is a scam" will come rallying back. quite the board, quite the board! lol
its not a subjective site. It makes decision based on candlestick patterns and that alone. Nothing wrong with that site as support for your own DD. Candlesticks are extremely valuable not to say they are fool proof, however. GLTA
I didn't say we closed higher than yesterdays close, i said it was the first day in 12 trading days our lows did not exceed the previous days which is something positive. And to split hairs. and BTW we did not close on the low of the day. The low was .112 we closed at .1127. There will be good things coming in the future. As i have said before every stock has its ups and downs and unfortunately this one has been down for about 3 weeks. It will pop soon enough, wait and see. There is always tomorrow.
Well We did it fellas and ladies. this is the first day in 12 trading days our low did not exceed that of the previous day! The glass is half full!
Timber :(
to many people wanted to get rich quick. can't take the heat get out of the kitchen. I've been buying and selling fuse for a couple years now and these drops, as ugly as they may be, bring buying opportunities. If you're long, sit back and relax, if you swing trade then make the most out of these opportunities.
but apparently chartist have no place in penny stocks so what do i know
i agree, a close above .15 will continue the formation of rounding bottom at support level which is extremely important. I think we will see it this coming week. indicators are primed we just need sustained buying pressure. I was disappointed to see that it dissipated later in the day yesterday. Stockastics IMO is one of the greatest indicators to follow. MACD histogram continued to close the gap with stockastics in oversold territory crossing over.
curious to know why my 15000 buy at the ask is not going thru
Could not agree more...as many have said, this is a STOCK. The PPS will fluctuate. a couple of things are for sure with stocks, penny or elsewhere. THey will surge up and then retrace. It is the name of the game. Regarding short term potential, DROP IMO is oversold and will bounce soon. I would like to see .17 hold and my gut says that it will, however if it does not we look to .15. 2 whole cents less. .15 will be our bottom if we get to it, however i think .17 .18 will be the new higher low. JMO. If volatility is what you are looking for buy into FNMA or FMCC. LOL
as i stated yesterday, charts don't lie and the major trend line held just as it is suppose to. and better yet, we have a bullish hammer formed today only after PPS bounced off of our major trend line. If you don't consider that a buy confirmation, i am afraid you shouldn't be in the market. Now i do think .18 or just below will be tested again before heading back up, however up we will go!