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As impatient as I seem sometimes...
I agree with you in this case, Phil. Provided we close at .001 or better today.
The next wave, if there is one, could then blow the doors off. And take care of the shorts as well.
IMO, first objective is to take and HOLD onto .001 - then we can go to the next steps. I am fine with proceeding cautiously and methodically to achieve this.
Dosen't matter how much...
Just that you DON'T do it at the bid.
Tap that Ass(k).
;)
MM's desperately trying to keep the lid on this...
This is so blatant it's ridiculous. I even bought a little more (900K shares) because it's so obvious.
And I bought at .001 - the ASK.
Remember, the battle is won (or lost) at the end of the day. Must keep the pressure on. If you give the slime an inch, they will take a mile.
that's what I thought you meant...
AND I AGREE 1000% !!!!
Stop being cheap, bid whackers. You are doing yourselves a disservice as well as the rest of us.
what does that mean, phil?...eom
A breakout is there for the taking...
And yet people are still flipping or buying on the bid.
Amazingly cheap and shortsighted.
And I think the ones doing it are the ones who lurk in silence but don't want to post.
Yes, CORRECT. Eom.
Really? more bid whacking?...
c'mon people, if you're gonna buy, hit the ask.
you are doing yourself a disservice as well.
A bunch of MM's stacked up at .001...
Obviously they are trying to protect that level.
Only way we push through is with signifcant and sustained volume, otherwise IMO this attempted breakout could fail.
Looks good now, but we'll see at the EOD where we are at.
Great...
Now someone has to take them out. Buy at the ask.
No excuses...
Volume is here today - this needs to at least print .001's today. No reason why the MM's should be able to hold this back any longer.
starting to see a lot more .0008's...
on the bid. looks to be firming up, though i never trust these MM's.
eventually, we're gonna need some volume. there won't be any meaningful move on this pitiful volume.
No, just a realist...
But I will say I liked the .0009 close today.
It's so close to REALLY breaking out. But it will NOT without some good buying volume.
That's how I feel. If that makes me a basher, so be it. Guess I'm the only basher with a (barely) profitable long position then.
No buying = NO breakout...
Talk all you want about upcoming events, but none of that matters unless is accompanied by the purchasing of the stock.
Thanks for the play by play...
I would say you're right on.
Next week could be fun if the buying pressure is kept on. The way we closed this week, it should be.
But we'll see.
What a bunch of BS...
Blatant manipulation kept this from closing at .0009 - but I'll take green and .0008
Gotta build on this next week. Don't take anything for granted that this will go. We have our collective foot on the neck of the dark side; now we can't let them escape. If we let up, they will attack. That's a given.
If this breaks out and it isn't sold into the breakout, I think the MM's will step aside and let this run for a while.
Right Sully...
There is NO reason this shouldn't close at least .0009 with the current MM lineup.
Just have to keep taking out the rotation of clowns at .0008, they are taking turns one idiot at a time.
Thanks Essence...
We both agree that we want this stock to move.
You have a great weekend as well - looks like you've got a bit of a head start.
Never been a fan of the Friday theory...
If a stock is poised to breakout, it will regardless of the day of the week.
ex: MX*I today - up over 300% today, $140,000 in $ volume, 5 million + in share volume. All on no news.
There's always an excuse. If ICTY dosen't run next week, it's because we're "in a holding pattern waiting for news".
I appreciate your optimism, but I in turn will have to quite respectfully disagree with you (a little) as well.
Still hoping for a nice close today.
YES! Hit the ASK...
I agree 100%
What we can't have are these two hour lulls of nothing if this is to break out.
You can lament the negativity, but I see it as reality. Being positive on a message board dosen't hurt, but it won't help much - only sustained buying will do that.
Only one MM on the ask at .0008 - if we can't close at least .0009 today, then that's sad.
Yep...
no volume it the last couple of hours or so after a great start. too bad.
as the volume wanes, a breakout gets less and less likely.
Yes it would...
although i haven't seen this many .0007's on the bid in a while. that's a start.
I agree...
less cheerleading, more buying.
he/she/it (VNDM) will win if the buying wanes today.
if it dosen't break out TODAY, IMO it may be tough sledding for a while.
Moron du jour = VNDM. eom.
Looking good today - so far...
Certainly can't complain about the start today. Very nice. I even bought a few more, at the ASK, to help out. Broke my asset allocation rules, but I'll make an exception this one time.
This is on the cusp of a real nice breakout, but I cannot stress enough that the buying pressure must be significant AND sustained throughout the day in order for this to happen.
The MM's/shorts will still do anything in their power to beat this down if given even the slightest chance. Once (and IF) it does break out, and there's not significant flipping after it does, IMO then the MM's will give up and let it run.
Today looks to be the battle day - who will win is still very much in the air.
If we can't break out (.001+) on this kind of volume, then something is wrong. Big red flag for me.
As for me...
I bought because of the technicals.
Whenever a penny stock breaks above the 200 day MA, holds it, then moves higher, it always gets me interested. My experience has been that the shorts/MM's hate to have a stock poke above that 200 day, and will do anything they can to beat it back down. If they can't, it gets interesting.
Then I look at other indicators, like OBV, acc/dist, etc to see if I can determine if any dilution is occuring. Admittedly, an inexact science, but will give a rough idea.
Agreed, Sully...
I don't think the actual act of becoming compliant will do all that much either.
Therefore, if we want to see this breakout potential hold up, then people are going to have to start buying this yesterday, otherwise the opportunity is lost. At least in the short term.
As another poster said, this IS extremely thin. But unless someone(s) step up to the plate, it dosen't matter how thin it is.
OK Sully, I can buy that...
If what you're saying is compliance is more a precursor to expediting the business plan, OK.
Of course, people have to be high enough on whatever those plans are. That would then make the business plan the catalyst for higher prices, which makes more sense.
But again, I play the charts, and will believe it when I see it.
*****QUESTION FOR THE BOARD*******
Why do so many people think that pinksheet compliance will be the catalyst for higher prices? Honestly, I just don't get it.
Many stocks are pinksheet compliant, and I assume some of those have good prospects as well.
If anyone would like to provide an uninformed chap like myself with some insight, I'm all ears (or eyes).
Thin, yes. But these .0007's wont hold...
Unless that buying you reference comes in. I play the charts, not the news hype.
On the flip side of your observation, just one decent bear raid could send this into a tailspin.
Short term, this is hanging on by a thread. But I agree, one good day could put this in motion to the upside.
Thanks abtg...
appreciate that you have a dialogue with BW.
i understand his hands may be tied by the lawyers, but unfortunately that dosen't give the momo in the stock a free pass.
if resistance is allowed to be built during this waiting period, it will that much harder to rally when and if the news is received favorably.
This is dragging on too long...
How do you know that about the "powers that be"? Or is it just speculation.
And is PS compliance really THAT big a deal?
All I know is that any momentum we had is being sucked out with each passing day of low volume and no news. The MACD is about to roll over, unless we start having some green closes. Today.
Exactly...
The last price is below both the bid and the ask.
And nobody is doing a thing about it.
Too many cheerleaders, not enough buyers, and devious MM's. Usually a recipe for downward price action.
Someone please prove me wrong.
shouldn't be that hard...
ask is at .0008 right now.
Agree New York...
that's why it puzzles me why people aren't slapping those .0008's right now.
just give me an .0008 close today...
with some volume and i'll be satisfied.
for now.
I think we need at least .0008...
for today's close. Worst case .0007
A .0006 close would be very bad short term. I would consider exiting (at least temporarily) and re-evaluating if that were to occur.
The slimy MM's will close this as low as they can. Need ask buying to keep it strong and combat them.
Yeah, one way or the other...
IMO, today looks to be the day. Up or down, will depend on sustained buying pressure at the ask, with perhaps a little bid support. But not too much ;)
Nobody wants .0008's?...
buy at the ASK if you're thinking of getting in. Support the PPS in its quest to go higher.
IMO this will either break out, or break down, this week. I'm prepared either way.
i agree with your assessment wholeheartedly.