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Thanks for the fill, anonymous seller. :)
With under 10M traded yesterday, that hardly seems the case.
This is the world we live in. Some teenager creates an app, and sells it for billions. PCTL creates a system to eradicate infectious disease contamination in hospitals around the world, and we're hoping for $20-100M? I'm so confused. :)
No 21's today. Low in the 16's and a possible high in the 19's.
Technical breakout in a day or two. Would be the perfect time for news.
All 6M shares traded huh? It's CRAZY the amount of dumping here! Haha!
I would expect one more day of these lows. So if you didn't get your fill today, there's still another shot tomorrow. Wouldn't expect any news until the rest of this chart formation plays out in another day or two.
12's are not in the cards. You are not dealing with price level support here, you are on an ascending trend. And that dip to .0163 makes that case, as I said 16-17 would be the range. Tomorrow, the lows will be a little higher still.
Witty AND topical.
Nice.
You could have said the same thing on Friday's dip to .16 Who would have thought there would be sellers there, as well? It's not an 'organic' thing that will bring it to those lows. It will be forced, because the current formation dictates it. Not because anyone is really bailing at this point. And the pickin's will be slim at that level anyway. But I think it still goes there.
We shall see.
Nothing is going to 'plummet'. A dip to 16-17 is in the cards, regardless.
Oh dear, nothing! Although I didn't get 14's, I got as low as was possible to be bought, with buy orders all the way down.
Knowing the range, and the parameters this will stay within until breakout, is half the battle. I recognize the lows, and if goes there, it goes there.
BTW, 16-17 will now be the low beginning tomorrow, on a rising trend line. Bids below will not get filled IMO.
Oh dear.
Why people don't recognize that all news aside right now, this thing is 2 damn cents, and they have product and sales, they have left STRONG indication of further contracts, and a very low share structure. And it's in a rising trend since trips.
What else do you want for .02? This thing is going to make you money anyway. Any other big news here is PURE GRAVY!
To me, all this quiet bodes quite well.
Perfectly stated. He also seems to handily omit the part where it states, the deal will cease unless another date is agreed upon by both parties. Which may very well be happening without our knowing, at this point.
Long here, and goin' nowheres until word breaks one way or another.
Thanks, P. If you have access to a charting platform, just mark those MA's, and you can keep a close eye on things for yourself.
I'll be here till the end, though!
Though you may not agree with this Apostle, it's not all about the RSI. That's just one component of many.
It's not that the 50 Day 'Has' to hit. It's not hocus pocus, and these movements do not happen in a vacuum, or by happenstance.
I've reduced this down to the 2hr today. Your ceiling is the 5 Day on the 2hr. That's already established in the chart. It's not subjective. With each subsequent update (the 11am, 1pm, 3pm, etc.) if you haven't closed ABOVE that resistance, it will pull you lower until support at the trend, or as the case may be, the 50 Day.
Lower for most the day.
Trading 101 :)
If I could have one bit of info today, I would love to know the status of this float right now. People scooping shares today are not going to sell until news. How much of that float is already locked up? Wasn't much to begin with!
I agree with the need to hold at this point. And if we were to be conservative about the track this is taking, at least down to 15 today, but 14's very possible. That move is about to get pretty aggressive today.
Yes I do. It is now being forced lower on the daily, and that will continue today with the kind of overhead resistance that keeps falling from above. No reason it won't test the 50 Day again without news.
We shall see, but I would keep some dry powder if you can.
I don't know about 'mad buying', but there will be some dips to be had here if you need to add.
I do find it interesting that the chart formation ends on the 5th. Someone on here mentioned the 5th as some relevant date for news, but I've heard so many dates and predictions, there's not much weight to be put into it. EXCEPT, the fact that that would be the most perfect timing for the release of news, as this needs to pick a defined direction at or before that date.
Anyone selling into the weekend has some guts, I'll tell you what (as my Southern buds would say).
As of yesterday, 50 Day was .0138 but that is just splitting hairs. I expect 14s today, so we'll see.
Personally, I like to use the 4hr. It reduces the noise tremendously, gets me two updates a day, while still reflecting the true trend of the Daily. In this case, you would be watching the 100 Day, which would be the equivalent of the 50 day on the Daily.
There is a very defined wedge pattern in play here. And it ends on the 5th, while all the while gaining extra support by the 50 Day along the way.
So we do have more dips, and buying opportunities to come, but by the 5th, this needs to make a decision (with or without news), up or down. By the 5th.
I'm betting... UP.
You can't get into details, because you have no details.
Next.
Your last line sums up this whole process perfectly, "I don't know what it means, but it ain't nuthin'!"
Ha! Why didn't I ever think of that phrase before? I gotta use that.
Yeah, just a high school science project. Where's that guy tonight?
BOOM, I say. BOOM..
What are ya just perusing the Kazakhstan news before dinner.
You're an interesting guy, sello.
Anyway, awesome find!
Amen, Brother! But the devil on my shoulder stills says, "Pay me now, damnit". :)
I personally think it's too late into the week, and truly unlikely we get such explosive news prior to the extended holiday weekend. A real wet blanket over any huge momentum if it were to come out now. But hey, who knows?
I'm ready no matter. Looking to scoop a few more tomorrow. Feels very close amidst all this silence.
Eeeeeerily quiet.....
Someone floated that idea earlier, now it's suddenly getting thrown all over the place. Absolutely nothing suggests that another buyer has stepped in.
Bid has come way up! Gettin' tighter here!
Hahahahhaahhaahaha! True. Dat.
Probably one of the clearest, most concise, and rational posts of late. Nice, DClutch.
You are fast becoming the OTC's Sun Tzu. :)
That was a great post. I missed that one. Thanks. It says to me, nothing to worry about. It's just how PCTL rolls with their filings.
No. The 'most logical explanation', as you so eloquently put it, would be the anomaly in this equation.
On time, or within their grace period since their inception. Now, running later than ever during the biggest change of their corporate existence, now underway.
That is the 'most logical explanation'.
I wouldn't read TOO much into the end-of-day rally. It's been artificially suppressed all day, to accumulate no doubt. It was time to pull the lid off at the end.
But a great close, nonetheless. Ready as anyone for some good news.
I've been thinking the same thing. Maybe the 10Q and 8k drop together, followed by an absolute torrent of updates and deals over the coming days and weeks.
Here's hoping!
Exactly! Haha!
It's a tactic that worked for Mel Gibson. I say we go with it. Hold...... Hold....
My thinking to that is, all of those other methods leave an obvious trail of manipulation. But who could ever prove anything if something is strictly traded in particular share lots to relay a message. Seems safer, more legal, and a bit more covert.
Also, if they ever used them in the past, I never saw any reason for them to change the codes, just because a few retailers are on to them. It still has the desired effect, with probably 90% of traders either not believing them, or having no idea.
I have no other thoughts on the subject. Ha! Still find them intriguing.