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OT: PigFarmer, what does that pig in the pic have on his cap?
Although small pharmas are inherently flaky, I just averaged down and bought 48,500 @ .0181. It may go down and test a previous spike-down-and-then-some fill of the gap several months ago @.0161 (happened 7/13/06). I think I will be vindicated in the near future. PPS @ .0184 as I write. I didn't like the drop below .02 technically, but I had to pick some more up at this level. Good luck to all.
Edit: As soon as I posted this, it went to .0176. DOH! I still ain't scared...and have a low average.
Thanx, again, XOXO, for some understandable technicals on the recent price movement. But does that 50-day moving average worry you, bobsledding downhill toward the 200-day MA cliff? I hope for more positive price movement -- and SOON -- to keep that 50 above the 200. One of the worst indicators for a bull is for the fast line to blow below the slow average line.
On the other hand, a bounce off a moving average touch would be the best of all worlds...time will tell. Let's pull for a breakout to the upside and hope the market makers have enough cheap shares now or are willing to buy more into a rise. The opposite-to-market move today was a good sign, no?
Good luck to all Insmed "patients."
XOXO, I need some explanation on the chart you posted last week (Post 1844).
I see a short-term breakout attempt, alright, but what does the 3A blue-green line signify? Where did that horizontal level come from? It doesn't appear from the previous price touches -- to me -- to be a strong support or resistance formed during the chart's duration. And the price action since the breakout attempt has settled out.
I assume the ascending and descending dashed lines are bottom-to-top indicators, showing trend? Help me read what you see in that chart, please, XOXO, and what you now expect, technically.
I picked up some more shares at $1.56 today, accumulating and looking for a bottom (and lowering my average buy price), but I don't see either a bottom or breakout confirmed. The converging 50- (dropping) and 200-day (rising) moving averages are somewhat worrisome, too. Can you enlighten us? Did subsequent price action confirm the breakout for you? Thanks, and good luck and good patience to all Insmed longs.
"Most posts here about short term hourly to daily to weekly price fluctuation. Which is meaningless to someone like be who has held onto this stock for the last 8 years. Pay day is coming. This is a marathon, not a sprint."
While I cannot disagree with such a "marathon" long investor as yourself, mpetisth (with admiration for your endurance, my friend), once again there are others here, myself included, who do not have your patience. We have to keep our investment money at work making money, and this stock has been a test for us in the last few months. So while I appreciate your viewpoint, I have a different perspective, having only heard about and held Insmed shares since last fall. Given that difference, we can all cheer the intraday breakout today on news. It has since settled back today to below Friday's close as I write, but I liked the spike, as shown in this chart, saved earlier today. It shows to me that investors who haven't padded their holdings at below-$1.80 levels can probably safely do so now.
The interim $1.65 low shown by the moving average convergence/divergence (MACD) turnaround April 8th is still holding and the indicator still points north, with both the blue MACD fastline and steadily growing blue histogram blocks (bottom of chart).
Congratulations to all longs for keeping the faith, and especially to VERY patient long-term investors like mpetisth. And once again, thanks to all dedicated and diligent fundamental researchers here.
In case anyone missed the tardy PR release just before the conference call...
Smart-tek Solutions, Inc. Announces Revised Schedule
Wednesday April 19, 3:55 pm ET
CORTE MADERA, Calif., April 19, 2006 (PRIMEZONE) -- Smart-tek Solutions, Inc. (OTC BB:STTK.OB - News) and its subsidiary, Smart-tek Communications, Inc. announced today its revised schedule for presentations of its RTAC-PM bird flu containment solution.
Our presentation scheduled for Philadelphia on Monday April 24th at the Philadelphia Airport Hotel has been postponed at the request of our host,'' said Perry Law, President of Smart-tek Communications, Inc. ``While it is unfortunate that we are unable to introduce our system to the United States as scheduled, we will now focus our attention on our meetings in Romania scheduled for the first week of May with a potential licensee in the area. We are working on coordinating a possible presentation of our system to interested parties during our visit in Romania and we will announce more details as they become available.
We are also in the process of finalizing our plans to meet with our licensee for Hong Kong and Singapore in order to prepare for a presentation in those regions. Our meetings with our licensee are scheduled to take place in late May.''
While the United States market is very important to us and we will aggressively pursue it, we are focusing our attention on areas of the world that have already been affected by this deadly disease and their governmental agencies are seeking viable solutions to help the containment of disastrous outbreaks,'' said Law.
The system, ``RTAC-PM,'' was designed for the livestock industry and is targeted specifically for the poultry industry with user defined alerts that may assist governmental agencies to monitor poultry movement. The RTAC-PM system incorporates leading edge technology and is customized around customers' requirements with the flexibility to adapt to various types of OEM products.
Offhand, this was a somewhat disappointing presentation and left many unanswered questions. My question about why China first and what other countries next, up to and including the US, was never allowed because of "time restraints" They could have used a lot of that agonizing PAUSE or re-answering time (unsuccessful, I might add) for the same conference-cancelling question, ad nauseum, to answer mine or others. Not well done, in my estimation. But this company still has good potential, just seems to be slow in customer and shareholder rapport.
I'm holding and probably buying more at a lower level.
HA! Such impatience...there's always some "Hello, labia and genitalmen, infestors, yada yada, blah blah blah..."
Thank you, Joyride....it was from the heart, filtered through my shrinking frazzled synapses -- HA! Couldn't stand to hear the crying...meanwhile, on to the conference call: 877-407-0782. Seeya there!
ASIDE, OFF-TOPIC: Hey, did you ever buy Gateway that steak dinner for his good advice on the JoyStar board earlier this month? A cyber steak might taste interesting. Hook up the USB George Foreman grill!
Exactly. I think this late-day surge could put the price at today's high, above the .75 resistance level, setting another near-term support. If not, it might bump its little head on the resistance again and keep moving sideways. Someday soon, however, it will sit on the wire or fly up, in my opinion. Bird flew?
By the way the bid-ask are both .69, sinking as I type, gh128. No realtime quote service??? Try your brokerage.
My GOODNESS! I don't want to be critical, friends, but what is with this bipolar board? I've never see such a mood change, all because the price has slipped FOUR friggin' cents after a giant launch yesterday in a so-far sideways move, someone couldn't find the conference call link (since supplied, thank you), and someone made a great buy and ludicrous sell at 50 cents? Please get a grip before we have a Jonestown Massacre on our hands. Holy MOLY!
I agree with Silverfox, Imiloa and others who are thinking about the potential of this stock and not the minute-to-minute price ticks.
The spike down to 50 cents today? Here's my take. Some smart investor put a limit buy order exactly at today's support -- 50 cents -- and a crazy person's market order matched it. The buyer is twinkletoes dancing on happy feet and the dumb seller is shitting. I wish I had been that buyer @ .50!
Please review the support level shown on the chart yesterday and associated comments (Message 1974). And remember the bounce up off the 50-day moving average and the dependable MACD red histogram block shrinkage as signs of an interim low and bright technical future, albeit allowing for a possible temporary sideways waddle on low volume.
Please post your facts, logic, considered opinions, technical analysis and wise due diligence, but try to keep the emotion under control, for ALL our sakes. That's a killer in investing, and hurts the schizoid involved AND others. Longs will prevail and should use any drops toward support to pick up more shares, in my opinion. Buck up, amigos!
No argument here...hoping for a gap up, myself. Clear a couple of minor technical hurdles and enjoy the blue sky climb.
Yeah, I'm gonna ask ol' Buzzard Breath where he gets his carrion, alright -- HA! As IF! Thanx for the suggestion, Rod, anyway...
OFF-TOPIC -- Reminds me of those old classic Bugs Bunny cartoons with the little "Bambino" Bashful Baby Buzzard pushed out by his mother buzzard from the cliff nest to bring home some food like his siblings...and he brings home a bumblebee, singing that proud song. GREAT!
I'll pass on Stocklemon, Rod...any other ideas?
You know, I was thinking that a benevolent venue that you could go check for REAL bad news on any stock you are researching would be an invaluable resource to investors. Instead of driving the price of a stock down and manipulating investors with lies, omissions and half-truths for short investing profits, a website with valid, proven and verifiable news about a stock's shortcomings, with the usual dedicated display ads to make it worth their while, would be a godsend. If not now, maybe we can look forward to such a service someday...
If anyone knows of such a great research site, I'd like to be let in on it. As it is, we have to do all the legwork ourselves and share as we can on great message boards like Investor's Hub provides.
Just thinking out loud, here, folks.
I see...poor thing! And now we're the recipient of this short's frustration? I've got a feeling it goes deeper, thicker and wider than that. This slug's color scheme is showing and it's just not my shade. All the best to the real integrity folks on here.
integrity1st??? What a misnomer! Who named you, StockLeMan? Dropping turds in the punchbowl on the fly is a sorry way to party with us longs. Thanx for all your warnings, there, "integrity." Now please go back to the cauldron and stir up something else...
On another subject, Wal-Mart has been using RFID tags for almost two years now to keep track of inventory and prevent shoplifting, with great success. Does anyone know where STTK is getting the tags?
Sorry to be a sudden constant poster, but I also wanted to point out, after looking at the chart on the Smart-tek iHub main page, that the share price touched on the 50-day moving average and then zoomed, another good and positive technical indicator. I just noticed it...I will leave the fundamental analysis to those of you who are more attuned to that kind of thing.
May your investments all "a-zoom" the position, heh heh...
Everything you say may be true, kreeetin, but you can't blame someone for locking in a quick double, even if -- and especially if -- you are a long holder. We're all in this to make money (I hope) and there are as many investment styles as there are investors. But, fortunately, taking those profits early gets short-timers out of the way for eventual moves to intrinsic value levels, which for this stock, I believe, are at much higher strata as Avian Flu begins to accentuate the news more and more.
Hang in there for the eventual ride, amigos, should you choose to make even MORE money, in my opinion. The MACD block peak will mark an interim top, if usuals happen.
OK, Gang, here's the chart for today's market close and my take on it...it's a breakout, or at minimum a sideways move at a new level after a short fall, from studying the chart. Those of us who picked up shares at the artificially-induced lower level will be singing soon, I think. Start gargling...
The share price broke through one resistance trendline and hit its head on a higher one. If it breaks through THAT one, another minor resistance level is just above, then clear sailing. It may or may not make it above that minor one tomorrow, but I think soon. Another good sign is that the Moving Average Convergence/Divergence (MACD) red blocks (negative) are getting smaller (positive). This change very often signals a positive trend change and marks bottoms, and usually comes before the fastline move up, which is a confirming signal that hasn't signaled as yet.
Buy low, sell high. Here's to the STTK longs!
I thought you all would like to re-read something about StockLemon from the NY Post awhile back...he's still at it. I don't see yet that an answer has been found as to whether he wears a white or black hat...draw your own conclusion.
OTC STOCK SINKER HIDES ON THE WEB
By BEN SILVERMAN
January 19, 2004 --
DotcomScoop.com
IN the Wild West of the over-the-counter stock market, there is one question about the mysterious man behind StockLemon.com that needs to be answered: Does he wear a black hat or a white hat?
"He takes advantage of little investors and reports things that are blatantly not true," Angelo Tullo, the chief executive of YP.Net, told The Post. "We're hunting him down."
YP.Net may have good reason to hunt down the man simply known as StockLemon Guy.
After StockLemon published a Jan. 8 report on the Mesa, Ariz., online yellow pages provider, its stock plunged more than 30 percent on 20 times the average volume - just a day after its shares had closed at an all-time high.
YP.Net promptly issued a press release, saying it suspected that StockLemon may have profited from the drop and claimed the Web site's report on it was false.
A day later, YP.Net filed a lawsuit in the U.S. District Court for the District of Arizona against StockLemon.com, alleging that the Internet publication "wantonly published false and defamatory statements about the company."
StockLemon Guy refutes the allegations and says that, although he published a "mea culpa" that corrected some information, he stands by his report.
"StockLemon is a good service because it's the only thing that gives [the OTC market] balance," said StockLemon Guy, who refused to identify himself. "These companies can say anything they want, and we have to take it as it is [because there's no oversight on the OTC]."
StockLemon Guy positions himself as a combination of a savvy investor and a watchdog. He makes no bones about the fact that he profits from his reports, which almost always sink virtually unknown, thinly traded stocks.
About 40 companies have felt the sting of his reports, and more than once it has been suggested that StockLemon Guy is in cahoots with hedge funds looking for short opportunities.
"That's the craziest thing I've ever heard - [that] it's a grand conspiracy. What hedge fund is going to short a $2 stock? I strongly deny [that I have association with hedge funds]," StockLemon Guy said.
Asked to identify himself, StockLemon Guy, who claims to have about 2,000 newsletter readers, refused to do so. He told The Post that he's a stay-at-home dad who lives on the West Coast and worries about his family's safety.
Trying to glean his identity in traditional ways is a lost cause. Legal action may be the only way to track him down.
"I kind of make myself open to lawsuits," he said. "I don't necessarily try to hide who I am. It's just important to keep the focus on the message, not the messenger. But you can find me if you sue me."
That's just what YP.Net is doing. And it may be up to a judge or jury to decide whether StockLemon Guy is a short-selling manipulator or a savvy businessman out to protect individual investors.
http://www.nypost.com/business/16070.htm
* Please send e-mail to: bsilverman@nypost.com
Howdy. I've been away from Insmed for awhile, even though I'm long -- and basically because of that, too. I just didn't care to see it float down and was waiting for better times. I was also tending to some avian flu holdings I have been accumulating. The chart today caught me with my gutchies down...DOH!
Well, maybe it's a few days late, but MACD (moving average convergence/divergence) signaled a buy on Monday (see green circle/vertical arrow). Coinstarz beat the call by a weekend and a day with his after-close buy signal on April 6th. Good call, Coin!
Meanwhile, the MACD fastline has turned positive and the histogram red blocks are shrinking, both boding well for the stock price.
Intraday here, we have broken through a month-long channel to the upside, with a $1.95 high so far today. COOL! I can only guess and hope that it will stay above this resistance and thus form a new support. Here is the chart, showing reddish supports, green resistance and clear blue above to about $2.24 or so.
Things are finally looking up, maybe a big move. Best of luck to all longs, and thanx to those of you who slave over hot (or cold) fundamental text reports and other due diligence! All ABOARD on the board...
Avian flu aside, this company has many other "antennae" out in the security business and has had for some time, with several divisions. It is a viable stock without its bird flu connection.
That's right, End, and the fact that they included the press releases in their 8-K shows me that the $5 mil China contract is valid and real. I also think it's about time some of the pump-and-dumpers are finally getting their due, as MugsyMac showed us.
Ah, gotcha, ATM...my mistake. The videos DID help. I had seen the one with Djokovich before on previous DD but missed the one with the technical doctor from MVSystems. Thanx for those linx, Contractor.
Just a minor correction, Contractor and ATM -- the writer of the ClearFish report said avoid XSNX, then disclosed he was long Suntech Power Holdings (STP), a $30+ stock, not XsunX. A clarification, if you will.
I, for one, enjoy reading arguments on both sides of a security to learn both the facts and others' opinions.
Toys, I don't see any intentional move to discredit Insmed by the AP, or anyone. What I see is a restatement of the company's end-of-year-2005 auditor report to cover their ass, something they probably meant to include in that report. A lot has happened since then, as far as financing. I bought more on the dip today @ $1.96 and have another open order @ $1.91. I had my own little "share grab." This is an excellent chance to boost your holdings and, for many, to lower their average buy price.
The way I look at it, this restatement is a non-event and a chance to pick up more on a chuckhole. As stated, INSM has enough cash right now to carry them five quarters, and we all expect lots of good news in the coming weeks/months. This stock is solid and will remain a "going concern," in my opinion. Much more than that, there seems to be only blue skies ahead, not to be too Pollyannish.
Thank you for the input, though, Toys. Something to think about...
There is no need to liquidate shares, with all the added buy-and-sell commissions and tax ramifications. They just transfer the shares and any cash over to the new brokerage. The receiving broker does the initiating and the former firm has to execute the transfer.
Re-read my last two messages, Cbag. The switch to Ameritrade was way quicker than I thought it would be.
One point -- those guys work pretty hard and spend lots of money to sign up new customers, and it really gets their goat to lose one. Talk to the old broker and tell them why you're leaving and see if they can come up with a solution to keep you, unless they are just too far gone service-wise. If that yields no results, a partial transfer to open a new account is possible to get the ball rolling quickly and give you some chance to keep trading in the interim. And get any rewards for signing on with the new guys.
When transferring, you will probably have to provide the destination broker with the last monthly statement from the old broker as a way for them to transfer the correct stocks and number of shares, etc. I don't know how they work the stock certificates, but they handle all that stuff behind the scene and you shouldn't have to worry about them unless you have certificates in your possession. Don't be afraid to call either broker about the transfer or if you have any questions. Again, make notes on any calls.
Good luck, Cbag!
Oh shit, don't go with Fidelity, Ecris! I use them for a part of my IRA account (they're pretty good for no-load mutual funds, however) and the things they won't or can't do are legion -- very uncooperative and punitive! And you have to qualify with beaucoup trades or big bux for their lowest commission rate. I'm itching to get outta there...
Their online trades otherwise are high dollar, with extra for more shares, really bad for stox under $1. Consider all the alternatives first, is my advice.
Motley Fool has some good recommendations on brokers...
Oh, and tranferring three accounts from Quick & Reilly was just about a week to Ameritrade, even though they said it might take longer...really fast! I got 25 free trades in one of those accounts for the switch...they want your business (and so does e*Trade, I betcha, if you call them and assert yourself). Record or take notes on all calls, including WHO you talk to WHEN -- and their replies!
Ecris, I have tried six brokerages, and the best by far was Ameritrade, with $11 market or limit orders, no share limit. I never tried ScottTrade, with their $7 trades.
Ameritrade has great tools, including a real-time Streamer for your portfolio and watch lists. Every brokerage makes mistakes, like banks do, but Ameritrade folks actually act like they care and fix things fast, with cooperation and understanding. I'm with them the last three years. There are dozens of free trades for opening a new account, too, I think. If I introduce you, I get some kinda compensation, too, but that's not why I'm telling you about them. I went through broker nightmares when I lived in Canada.
One thing you might try is writing the company (not the "chat live" thing) with a factual account of what the problem was and what it cost you. By all means, try to resolve through the company you're with FIRST, and they might give you some kinda compensation (free trades, credits, dispensations). Good luck, and I feel for you.
My Quick & Reilly experience was HELL, by the way! Definitely the WORST...
Also, this buy signal in from www.americanbull.com, as of last Friday's close:
http://www.americanbulls.com/StockPage.asp?CompanyTicker=INSM&MarketTicker=NASD&TYP=S
"...We hope that you bought this stock. You should watch the upward gap in the opening, wait a bit, feel the bullish tendency of the market making sure that prices stay over the opening price and then go long. Your benchmark was the opening price of the upward gap.
If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are on safe grounds as long as the future prices continue to trade above the benchmark price. What to do if you did not buy? Maybe, you did not have time to follow the session or you simply delegated the delicate job of confirmation to us. Well it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions.
The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any."
Today's intraday chart:
For those of you who enjoy some technical analysis input, I submit the chart from today's intraday action.
The stock price is struggling to break through and stay above an important longterm resistance @ $2.12 (green horizontal trendline) today. No solid evidence that it will -- it might depend on fundamental indicators -- but I wanted to point out an important technical indicator. The Moving Average Convergence/Divergence histogram (at the chart bottom) has signaled a possible low, with the red (contrarian = bullish) blocks getting smaller. The biggest red block a few trading days ago corresponds to a stock price low, as it has often done in the past. Note the purple vertical lines tying the high and low interim price levels to the histogram block highs and lows. Blue block peaks denote stock price peaks and red...you get the picture. It doesn't work all the time, but often enough for me to take notice and use the histogram blocks as an indicator. Additionally, the blue fastline has stopped dropping and has leveled out, another good sign, but again, inconclusive.
One downside to the MACD indicators -- you can't see the signal until the day(s) AFTER is is made.
Two other websites with valuable technical and fundamental insight:
TECHNICAL --
http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=INSM#ttop
FUNDAMENTAL (Institutional holding)--
http://moneycentral.msn.com/investor/invsub/ownership/ownership.asp?Symbol=INSM&55480
May your days be bullish...
"To refer to a personal taste of mine, I am going to buy hamburgers the rest of my life. When hamburgers go down in price, we sing the 'Hallelujah Chorus' in the Buffett household. When hamburgers go up, we weep. For most people, it is the same way with everything in life they will be buying—except stocks. When stocks go down and you can get more for your money, people don’t like them anymore."
— Warren Buffett
"Cheeseburger in Paradise"
- Jimmy Buffett
In case anyone missed the small article about XsunX on CNN/Money last December:
Solar Power's Really Sticky App
By Meredith Sadin
December 1, 2005
(Business 2.0) – Most solar panels are bulky, pricey, and difficult to install. But imagine if you could turn windows--or entire skyscrapers--into solar power generators. That's the goal of XsunX, a startup in Aliso Viejo, Calif., that has invented a way to stick semitransparent solar cells on plastic film, which manufacturers can use to transform ordinary windows into PowerGlass. "It's like a power-plant skin on a building," says XsunX CEO and president Tom Djokovich.
XsunX's amorphous silicon solar cells aren't more efficient--they convert just 6 percent of light energy that hits them into electricity, compared with 15 percent for traditional silicon cells. They are, however, more versatile: A 20-story building has about 10 times more space for PowerGlass than it does for roof panels. That puts XsunX on the cutting edge of a trend in the $7 billion solar industry called building-integrated photovoltaics, or BIPV. "We're seeing a revolution where solar is disappearing into the building," says Ron Pernick, co-founder of energy research firm Clean Edge. Next year, XsunX plans to begin selling its manufacturing technology to glass and optical-film makers and collecting licensing fees and royalties. Meanwhile, a firm called Iowa Thin Film Technologies has released solar-film radios and tents, and it's now developing opaque BIPV products for roofs. But as the only company making see-through cells for windows, XsunX can envision a bright future ahead.
http://money.cnn.com/magazines/business2/business2_archive/2005/12/01/8364613/index.htm
...and I bought some more @ $2.07 just before close today.
This "Buy-IF" recommendation on www.AmericanBulls.com just came in re Ismed. It comes from Black Spinning Top candle action yesterday, plus a Bullish Homing Pigeon Pattern for the last two candles and depends on market action today...there is a link to explain the candle formations.
http://www.americanbulls.com/StockPage.asp?CompanyTicker=INSM&MarketTicker=NASD&TYP=S
INSM
INSMED INC
Daily Commentary
Our system posted a BUY-IF today. The previous SELL recommendation was issued on 03.03.2006 (13) days ago, when the stock price was 2.4200. Since then INSM has fallen -16.12%.
A bullish pattern has developed and a BUY-IF alert is issued today. The task is now to confirm the validity of this bullish pattern. We will guide you through this process but the prime star of this game is nobody but you. First you must do your homework. A good starting point may be to keep an eye on after-hours and futures trading to get preliminary hints about the direction of the market. Related news, events, economic data, and the world stock markets should also be closely followed prior to confirmation session.
There are three possible cases of confirmation. You have to follow the next session carefully to check if these cases will hold or not:
The market opens with an upward gap, signaling a bullish sentiment in the first case. Your benchmark will be the opening price. If the prices stay over the benchmark, go long. Any white candlestick with an upward gap is a valid confirmation criterion.
In the second case, the market opens at a level, equal to or below the previous day’s close. The benchmark is that closing price. If prices during the session stay over the benchmark, go long. Any white candlestick closing above the previous day’s close is the second confirmation criterion.
If, however, in both cases, the prices during the session start coming below the benchmark, avoid buying. Sell if you feel a definite tendency in prices to close the day below the benchmark.
The third case of confirmation is rarely observed. The market opens with a big downward gap suggesting a very bearish day, and the day ends with a long white candlestick, but still closing below the previous day’s close. However, such a day satisfies the third confirmation criterion and in this case the closing price of the long white candlestick will be taken as the price of confirmation.
If one of the three confirmation criteria is not fulfilled, or in case of a black candlestick or a doji on the confirmation day, the BUY-IF alert remains valid, however without confirmation and the three confirmation criteria are then sought in the following day. The only exception is the long black candlestick. Any long black candlestick following a BUY-IF alert makes it (the signal) void and invalid.
We do not suggest any new short positions given the bullish alert. The short sellers should consider covering their positions if the market confirms the BUY-IF signal. Otherwise, existing short positions should be carried.
"I also think mention of other solar companies should be allowed. When I did my P/E post, I was going to put in the P/E's of other solar's for comparison. Would this have violated rules?"
I would think that would be a great comparison and would not be a violation of any rule, and integral to discussion of XsunX. This should NOT be construed as pumping of other stocks. I have a feeling that IHub's Matt would approve. But we probably have to get a ruling from moderators Kinger or JT. What do YOU think, guys (IF you ARE guys)? It's your board...
But since there are no earnings for XSNX, they would not be in the chart, right, ECris? Price divided by zero is "undefined," if I remember my high school math...
I never have shorted any stock, but I believe in naked shorting that you have sold shares that you don't have, so any shares you buy to cover go to credit the buyer who bought those phantom shares from you. They do not credit to your account, but to the buyer, and then your short is covered.
Someone correct me if I'm wrong.
Off-Topic:
Let me preface this with saying that Investors Hub is THE best discourse on stocks that I have ever had the pleasure of participating in. Civility and respect are the norm here, and I have seen several specific boards. It's a very well-run forum, with a good balance of control and freedom, gentle guidance and leeway.
I agree with the no-bashing rules on iHub, and also agree with you, Laptop, that mention of other stocks should be allowed, and I have seen many instances where they HAVE been on iHub, in passing as comparisons and also with "Off-Topic:" or "OT:" preceding the reference. They should not be dwelt on, however, except on their own board, as the rules and my opinion concur.
I don't think many of us here own just one stock. If you have a specific solar (alternative energy?) stock that you would like to compare to XsunX, bring it on, I say. That would be ON-topic, as far as I'm concerned...
I also believe that everything known or thought about a stock, good and bad -- as long as it is truth or supported opinion -- should be presented on each specific stock board about the stock covered there. We do a disservice to ourselves and others when we withhold or cause withholding of negative discovery from being posted. If we don't have all the facts and suppress legitimate opinion, we cannot make good choices.
I have seen investors, even on iHub -- and especially elsewhere -- be "run out on a rail" as a basher because they brought up a "what if" or negative news to a board (MUCH less here than on other community message boards). Reminds me of "narc" paranoia when I was coming up long ago. Bringing up things we should all be watching for is not bashing, it is vital to smart investing. We don't need preaching to a choir of yespersons and cheerleaders, we need full disclosure.
Just my in-general opinion. Sorry to run on. My next post will be about XsunX.
You're right, of course, Laptop, money DOES follow money -- both up and down, in and out. So far the money has been going in, and that may continue, despite today's hitting against resistance. It has gone through past resistance like a hot knife through butter. Let's hope that continues. Important resistance and support lines are darker.
Below is a chart from today's close. We have Silverfox's wick candle today, a big one after a big move and a big week. I have marked some significant past wick(ed) white candles that foretold down moves. One near the middle of this three-month chart is a small down move. We'll see if the Fox's theory holds...
Positives, on the other hand, are the Moving Average Convergence/Divergence array at the bottom, marked with a green box. When the fastline (blue-gray) tops out or the blue boxes start shrinking, it often means a period high has been made (look at past MACD fastline peaks and valleys and the share price above them). They are both still uptrending. I believe this bull has a ways to run, but there may be some consolidation first, judging from the chart.
For your examination, interpretation and comment, as always.