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yeah i agree, seeing an updating PR would be very good, and if it does says financials coming out in 2 weeks, then fine, it'll create small hype, but still some. promising for financials release again is fine as long as it will be released on time, then we'll have a nice run and confirm that they are now trying to keep their words.
Highly doubt it'll close at 8, most likely at 0.009, but i am thinking 0.0094. Theres no panic to sell, why would it close at 8? and its in a bullish channel.
This one will close red today of course, depending on how red will determine 2morrow's action. but we'll hit green again and back to the resistance level thursday i bet.
chart is forming trend into a closed channel, its gonna break out soon!
didnt we already discussed this yesterday? We're not expecting financials, we're expecting a PR that finalizes the whole deal.
honestly, it feels so terrible because we have been holding for so longggggg, but if i was a new buyer, i would feel good buying in right now, PPS gonna move eventually and favorably risk/reward ratio since we already hit bottom.
well said, false hype can kill a stock. false expectation is a terrible trap to fall into.
"The PR did not say SWVC was going to release audited financials. It said the financials were to be used to close the deal! Very basic business practious!! Know what your buying!"
Can management wait for the timing of financials? isnt it law to release PR as soon as audit finishes?
0.011 is our support all day long, bouncing off and start rallying! good spread too.
i agree. ignore them man, a lot of rookies in this game, who dont have enough capital to daytrade or flip. daytraders are the ones who constantly create volume, without them a stock would be so leveled. i am with you on everything you said.
relax buddy. everything that is posted should be assumed with an IMO. do the confirmation yourself, its part of DD.
IMO this company has invested money into developing their products, marketing their services, and also the effort into making new alliances. The management is definitely not a scam. we're still in, the product still works, revenue is coming, ads were on national television. So we know this management is legit. just ANYDAY now... patience kills, but selling at 3s is just idiotic.
interesting chart. I guess we wont get a run til audit PR. get ready for up down up down with an uptrend, PR this friday perhaps... things are getting very interesting.
man SWVC loves making mondays exciting haha. every monday, i feel like fireworks gonna go off and this thing will hit the skies. tick tock tick tickkkkkk lets see them fireworks then!
the next dip will cost you more than buying at this level. you could try to squeeze for the 0.009, but good luck.
last week of august! GL everyone, lets have some fun!
Chart: Getting ready for monday
http://img405.imageshack.us/img405/338/sclv4.png
Lets see it break the resistance!
man i did a business presentation on this company last year. Great investment. I dont own any shares of it, but i do recommend it to everyone. Their consistent supply of heavy crude will be good for the future. The annual report has all these informations, fundamentals and charts look great also. It is one of the fastest growing in its industry. GLTA
its the typical pumpers vs bashers war before a run :D
ok you're right, they have never specifically stated the word "audit" but it is implied, but i guess how you interpret this is subjective.
"Finix Chairman Drew Budhu said, "Owing to the complexity of the equity and software accounting requirements, we have delayed the financial statement issuance. We are taking the utmost care to ensure the accuracy of this initial filing so that the company will be eligible to be listed on the Over the Counter Bulletin Board."
thanks for the reply. You are obviously a very experienced trader, i enjoy reading your posts, battling the pumpers out of the way lol.
yes, i actually like the silence better than false hype and expectation. INXR in its PR states that the delayed financials will be audited, so based on that PR, they should fullfill their promise with the next PR. We can no longer trust inside words, but their PRs are often done as promised. And yes, BETTER DAYS TO COME!!
Timing is hard for this stock. lets say PR about cornell comes out, this thing runs to 4 cents, kinda forming a top, now you would just wanna sell right there, but what if financials come out!? thats when the biggest profit will be, and it would run to 25 cent or something.
so lets say you have 1 mil shares at 1 cent. then it runs to 4 cents, your $10,000 will be $40,000, then financial run, maybe to 25cents, your $10,000 will $250,000.
lets say you swing instead, it runs to 4 cent, you sell, now you have $40,000, then a small retrace to 3 cent, you buy in again, roughly about 1.3 mil shares, suddenly, it pops to 25 cents, your investment is now $325,000.
now these price prediction is no where accurate but an example of how hard it is to know when to sell and buy.
theres so much profit to take in, thats the hard part. hahaha. have a good weekend people. doesnt matter how maximized your profit is, we all will have profit from this one hehe.
good point gonzilee, but both of you are correct, valuation and momentum/emotion are both part of the game. everything is just sped up in BB, thats all. valuation is still important tho, they're your cap level, see if you're in with a bargain or a premium, and financial textbooks are not useless! lol
hey lowtrade
i only notice you around this board and SWVC board, do you not post on other boards that you've traded in?
Are we expecting something next week?
yeah talks of going to another exchange is pointless at this point, cuz that might take a year at least if we're lucky, whats important is how big the next run is gonna be!
Then i shall hold until 3$ comes so we can uplist yeah? lol, wouldnt that be lovely. with financials, we'll see the real values of SWVC, that itself will be a very nice sight, then maybe a split later on the year to bring us to uplisting level.
we wont see above a dollar until we up-list and out of the BB
this is getting very interesting. GLTA, this thing will run early next week if not later that week
exactly, good post.
here we go 3:30 rally!
hmm i disagree. PR on monday AM is better. weekend hype is not my favorite
3:30 rally! MMs got the spread going, we gotta break it, smack the ask!
Retail interest is very strong, MM gonna let this one go very soon
nice day huh, imagine when monday comes... whoohoo. we're gonna have some fun!
I am not gonna predict the float, but you have watched the L2s, you have seen the buy/sell ratio. you know how many buys it takes to get one uptick. This one is controlled by MM, we need PR so the big guys, the big daytraders can move in with HUGE volume.
history will repeat itself, but dont look at volume as an indicator by itself, thats not enough, anyway, you also gotta think of the many times that it didnt pop with low volumes.
volumes at this range is trivial, it doesnt show much anymore, no particular trend because we're in a flat channel, stalling for a PR blitz. the float is HUGE, retail buying wont move this stock. PR gotta get out, management gotta play it right, and MM gotta be willing to let this one go, then we'll see a run. cuz all indicators and channels are flat and leveled out now.
Green tomorrow will mean a lot to our current trend.