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Not that it's needed, but I'll add some tertiary support to this sentiment. From a technical standpoint, the chart is experiencing downward pressure, however, the long term trend is positive. It is setting up nicely into consolidation in preparation for the next run up. GLTA.
It's like a good ole shuttle launch. Everyone gathered around their screens waiting for liftoff.
Looks like we'll be feeling the affects of that downward SAR pressure until more news hits. Good times though. Company appears to be moving towards another tier upgrade from OTC with their Atty letters. Current financials. Fully reporting with the OTC. If they can pull it off, they'll be lined up to bid on gov't contracts. All good in the hood. Have a great day longs.
Don't let 'em raz you GEM, you can verify that information as much as you can anyone elses post about loading up, averaging down, or owning a million shares. Take that grain of salt and toss it over your shoulder.
Trust me, I welcome being proven wrong.
zoom zoom zoom!
Intraday chart legs cut off. Ouch. MM's gonna bring this down to keep a lid on it. Any other P&D would have taken this to the moon on these filings. That's how you know this is different. Hope we close around .024
Keep the faith, keep your shares close.
Shhhh, i'm dumping all of my milk money into this stock...
Yep, unless a magical release comes across, the chart is looking at downward pressure for at least another week. The SAR is now above the upper bollie. I say we'll stabilize in the .015 area with low volume. More wait and see, more chances to get back in. Look for your next opportunity as the SAR crosses the upper bollie heading down. Happy trading everyone.
Oh good, that's what I set my sell limit at. C'mon MM's, I dare you to walk this up and grab them. They're ripe!
This happened last time before the jump to .05
Extremely low volume with hardly any price movement. Everyone is holding tight to their positions and there are very few shares available to buy. GLTA.
Even the bid/ask looks sad today. Don't they know it's Friday? Oh well, not sure I can stomach it today. Keep it real. Enjoy your weekend, I'm going to start enjoying mine. GLTA.
Personally, I don't buy into anyone's statements that they're "loading up", or "adding on", or however they spin it. You need to believe what you see, and if I haven't seen a screenshot of their positions, I ain't havin it. Just remember there are technical buyers, instinct buyers and then there's players. Take everything with a grain of salt and remember this is just a message boards full of people that have absolutely no connection to you whatsoever, and all with their own agendas.
Here's the math, not that anyone asked for it. I think we all realize this isn't going supernova without a PR/news release. So I think we can all agree this will be going sideways until then.
My guess is that we'll be in a range from .022 to .038, with around 5,000,000 shares in that play. Bought and sold, those shares in that range is $80,000. Even if you divided that by 8 MM's, that's $10,000 a piece, per day. If I could punch buttons and make 10k a day, I'd be doing it too.
Patience is key. Nobody files all that paperwork and requests an tier upgrade for a lousy 300-500%. They could have just put out a pump email/PR blitz for that. Logic dictates that more is in store, so let the players play and separate the hype from what you can piece together yourself.
Ok, intraday RSI correction is over, let's get back up.
It's Y2K!!! Grab your kids, grab your wife! Ain't nobody got time for that!
Yeah, I'm a little bored too. Might be a consolidation day. Perhaps down around 15% on about 8 million shares. Touch the upper bollie, and then a huge launch tomorrow.
GLTA
Uh oh, someone's going to wake up and see their stop loss limits were eaten up before the jet left the airstrip. Too bad, so sad.
A link about OTC tiers and how it relates as a positive for TCPS.
http://www.otcmarkets.com/learn/otc-market-tiers
Another nice surge at the EOD. It was like people were desperate to get shares at the ASK before we open tomorrow.
I just jinxed it!
Such miniscule trades under .05, there just aren't many shares in that range anymore.
Zoom Zoom Zoom!
IF, and that's a big IF, you can find any shares under .05
GL!
I wonder how much of this has to do with buyers in at .05 and MM's gobbling up there stop loss limits at .04
You need to have a little vision and a huge sense of adventure to stay all in this one. Perhaps a defibrillator would help too.
This reads like a playbook of a company that needs to be completely structured and compliant in order to get government contracts. Local, regional, national. Oh boy.
Might be a good day all day, tell your friends, family and neighbors. Look at the chart on May 24th. Took a dip after a big gain the day before and then pushed even higher the next few days.
I bet a lot of newcomers put in stop limits to minimize losses and the MM's just gobbled those up.
Ah well, just hypothesizing. Thanks Janice, and no, not going to bash, I think you're just trying to keep it real. I'm a realist myself, so I'm going to enjoy my weekend and if this all disappears on Monday morning, it'll have been my choice and folly. Enjoy your weekend everyone.
Closed chasing the ASK, very nice, and we got that SAR back on the bottom. My thoughts are that we're going to see a reverse merger, absorbing Softwave with them keeping the TecnoConcepts name. Why file documents changing your address if that company isn't going to stay around? With a reverse merger, they gain Softwave's compliant filing status and move forward as a fully compliant reporting company under TCPS. Besides, if TCPS doesn't exist, then neither does their stock. I could be mistaken or interpreting the reverse merger process incorrectly, but from what I've read, that's how a non-compliant company gets to retain their name while becoming compliant in the same breath. Thoughts?
I'm curious to find out if the filing on June 6th and the posting of the new company organization will lead to a reverse merger into a company that is already SEC compliant, enabling them to continue moving forward with releases.
Being pretty stubborn today, but we'll see what happens after this next dip.
Here's your chance, daily SAR just reversed to a sell trigger.
They put in their limit orders and took the day off and now the MM's are eating up all of their shares knowing this is going to run even bigger.
No worries, it helps correct the daily RSI so we can continue going up.
Technical buyers will be jumping in as well as chasers. The SAR turned back under the bottom Bollie triggering a buy signal, for all short term indicators. Add those that sort activity by percentage gain and volume and there will be a lot of interest in anticipation of a news release.
this is the proverbial turd in the punch bowl. well played, but time to cut my loses. glta.
Is NITE anywhere on L2?
Maybe it's the MM's letting friends and family in at the bottom. buckle up.
Oh well, I guess there's only so much you can do without news. Time to switch off and see what tomorrow brings. Enjoy your day!
SAR is finally under the bottom Bollie. Trend has reversed on the long term charts. Choo-choo, all aboard.
Nice turn around on BI recommendation.
http://www.bullishinvestor.com/markets/stock_quote/?s=tcps
Not that I personally use this as any type of indicator, I am sure there are those that follow this much more closely.