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Sharp eyes vole,
I completely missed that. Sure looks that way. Part of the delay in the LOI explained. They sold stuff off to do the deal rather than dilute the existing shares. I likey!! How much you want to bet Grimes & the Rubicon stuff follows suit? Its kind of like playing Gin. you pick up this or that to give yourself as many options as you can and you start discarding excess cards when you see your hand coming together. I think we are beginning to get the outlines of the explanation of the long quiet period.
Imperial Whazoo
My bet is that he closed a deal or two at the trade show and that we will be seeing some favorable PRs before long.
Imperial Whazoo
Heads up on SPZI
Imperial Whazoo
OT: I never worked as a land man, although I always wanted to. I had to run our little company's computer systems. We had offices in both Houston and Dallas and I had about 32 people to supervise on the computers. Never got out in the field as much as I'd have liked and, if I ever get back to it, i'll probable find that I'd have been better off if I'd done any of that work myself.
GLTY too
Imperial Whazoo
Yeah, thats why its probably evidence that Lancaster is doing intelligent things by focussing on existing properties to rework. I'm not worried at all by what I see in the charts. I keep telling folks: put accumulation/distribution & Money Flow indicators up on your charting package and look at them from the June pullback. Only about half of the money that flowed in on the upside of that wave back in June ever flowed back out and the chart shows at least 3 minor waves that could have served as opportunities for people to cut losses (late June, early August, and late August), but the money flow & the accumulation slopes have both been steadily on an up incline even though the price has, first declines, and now gone into a convergence channel. This is a classic instance of a divergence where someone (or someones) are steadily accumulating and existing holders are not bailing.... and it is a lengthy one, at that. In practical terms, the longer the divergence holds, the more powerful the eventual upmove. Thats my opinion and I'm still long and strong. I could be wrong, but thats how it looks to me.
Good luck & best regards,
Imperial Whazoo
Thanx man
Watch SPZI. Running up.
Imperial Whazoo
Yo... a few details? Whatcha heard man? Whare can we look to do DD? Sounds real interesting. Thanx.
Imperial Whazoo
Shhh... don't tell cuban LOL
Imperial Whazoo
Couldn't resist, could you?
Long and strong (and nice to folks, too).
Have a good day, pal.
Imperial Whazoo
A good hard question, but I'll try to answer it.
If I have a piece of property and an oil company comes to me and wants to punch a well on my land, there is a standard interest scheme that has been developed over time in the industry.
Generally, the interest is broken into two pieces: Working interest (WI) and Royalty Interest (RI). Override (ORI) is interest cut out of the WI that is paid on as though it were RI. I'll explain below.
The common expression in the industry is "Seven Eighths, One Eighth", which in practice is:
The WI is .875 (or, stated another way, 87.5%)
The RI is the remaining .125 (12.5%).
The operator is in the WI part. They pay all the well costs: water trucking, electrical, rework, maintainance, pipeline, all the accounting (run check expenses), miscellaneous bills. The operator files the production reports (for example, P-1's & P-2's here in Texas). They bear the legal exposure to environmental lawsuits. They post bonds with the state if necessary. And, of course, the cash coming in for the sales of product goes through their bank accounts. They cut the run checks to the RI owners, for example. Most of the business of the well is their responsibility. And, since all the operational issues are on their shoulders, they have the largest share (.875).
The royalty owners get their checks (generally monthly) according to the % they own. In practice, these folks simply get paid and bank the money. If you have ever participated in a well, in most cases, you are on the royalty side of the equation. You buy a certain percentage and the money starts flowing in if the well is a producer.
ORI is known as "Override". It is generally interest cut out of the WI side but it is treated just like it is RI. In practice, savvy land-owners can get pretty fancy when a suitor comes a calling. That’s why I keep trying to tell the board that this is probably what has been going on as part of the delays.
First off, lets look at Grimes. The Russians and Hydroslotter came into California in the summer of 2005 looking through the geological records of the state and they targeted the Grimes area because of geology that was favorable to Hydroslotting. Their idea was to rework plugged and abandoned wells. According to my conversations with the state, Skip became the operator out there. What he was faced with was he had to go out to the old land owners and persuade them to lease the old property to his little company. He had a list of properties he wanted to rework, but it was not as simple as it might seem. When a well gets plugged & abandoned (P&A), the old division order is no longer meaningful. Skip had to renegotiate every single well he wanted to rework. Given that the property owners out there are familiar with the oil business because they had been receiving royalty checks for many years back before the wells were P&A, Skip had a baseline problem of affordably renegotiating every single well he wanted to rework. To line them up one after the other, he had to successfully and in a timely fashion renegotiate far enough ahead to have a backlog of wells to rework. In all candor, this simple issue probably accounts for a great deal of the delay out there. He had to put money into the pockets of each & every landowner on whose land he intended to do the slotting. And, he had to put up a cash bond with the state for every one he intended to do. And, he had to have cash to pay the slotting crews. All of these expenses are born by the WI side, but they are simply expenses until a property begins to produce.
On the RI side, a savvy property owner will do as much nut-cutting as he can. If Skip reworked side-by-side properties, you can bet your bottom dollar that every property owner caught on and upped the price as Skip tried to move through the list of geologically favorable properties the Russians had worked up.
So, lets look at the East Texas properties that are the subject of the LOI. If these are existing producers and if they have not been formally P&A, then the deal can get done by simply transferring title to the interests involved in each division order. You simply buy the lease as is. If you then want to cut out a portion of the WI, it is not as costly because you do not have cash bonds with the state, you don't have to make a new costly lease with the royalty owner(s), and so on.
So, what I keep proposing is that the clever formula these venture cap guys from Toronto have as a business plan is to obtain existing properties and to rework them. They use as little cash as they can. What they do is they cut out a chunk of their WI side (ie... the land bank with the "land" being their interest asset and the "bank' being the portion they use as the bank, or financing, of the deal) and deed it to the people/company from whom they are buying the property. The income stream from the future rework activities will increase the cash flow from the well, because thats what happens when you successfully rework and old and almost dead property. If the interest they cut out is WI, then the people receiving this WI have to share their prorata portion of all costs (because the WI side bears the expenses... all of them). If the former owner is savvy, he could force the venture cap guys to give them an ORI that is cut out of the WI side, thereby taking them out of the direct business side, with direct sharing of all the expenses.
Anyway, that’s what I know about the subject.
Hope this helps.
Imperial Whazoo
Thats the land bank idea. The business plan is the same every time. They obtain a property and split out a WI, RI, or an ORI to create a future income stream for the particular partner in that particular property. But, because they want to be in the drivers seat, they retain the largest WI in the division order so they can be the operator of the property. This is their modus operendi.
Imperial Whazoo
No. but thanx. I'll just post here.
GLTY
Imperial Whazoo
Yeah but does that necessarily mean it must be a place where everybody is enemies? I see nothing wrong with being friendly and reasonable and respectful. Its not a badge of honor to consistently say unkind things. Its not a good thing to be unable to play well with others.
So, since I dared to say that, I suppose you now feel obligated to show us all that you can dream up something mean to say. Go for it. Start your insults.... NOT!!
Have a good day.
Imperial Whazoo
Thanx kgoodrich...
But, to be clear lest I get off on the wrong foot, is a higher range of price within bounds on this board? I'm a daytrader. Thats my full time occupation. I've been fully doing it for almost 2 years now, but I don't focus on pennies & subpennies only. I generate a list every night & multiple times during the day & it includes pennies to about 12.50 (generally). I have looked long & hard for folks I can talk with. I'm not a novice, by any means, but your experience rocks. So, I want to post what I find every day and have experienced folks parse the ideas so I can learn & refine & make money. And, I am a programmer in my former life and I have a couple of custom indicators I've invented for my own use. I've begun to use them a lot and they work pretty well. It is still early in my testing of them, but I don't mind sharing.
TIA
Imperial Whazoo
Yep. this is not a disaster zone stock, despite the recent decline. Look at Acm/Dis & MnyFlw indicators. There is a distinct divergence, which always represents an opportunity. And, the move from .025 to .035 this morning was a 40% move up. Just ask yourself if you could live with a 40% gain in your money overnight?
Long and strong.
Imperial Whazoo
If you were asked to write a description of the general business plan of these Toronto venture cap guys, this WWNG PR today is exactly the outline. This is what these guys (all of them: TYEG, BIGN, RYLP, WWNG, SBRX) are basicly about. These guys are scooping up this category of property and leveraging it to build a company(s). If anybody ever wants a baseline description of what the starting point for these companies is, this PR is the ticket.
Imperial Whazoo
Thats a real nice find, Ca/apul/
I'm new to this board, but I'm sure enjoying watching the way you guys think and the way you collectively and individually treat other with respect.
If I play in a price range above this subpenny range, are you folks still interested in finds I unearth? I simply play a little up on the price scale... Problem or not?
Also, check kitco gold 3day chart.. It just closed in London and the next thing is to watch it close in New York later today. It was trading flat to down slightly in Europe, but once it opened in New York, it went on up. I was expecting a pullback. Guess I was wrong.
TIA
Imperial Whazoo
Another thing you might look at are these links, which I found quite by accident. As a matter of fact, now that I've found this board, I'm paying special attention to the posters there. They seem to be very bright and they don't concern themselves one little bit about the kinds of things the basher on this board wants us all to think about. They seem to be focused on one thing: making money, and to accomplish that goal, they treat each other with respect and they are on a level headed path that emphasizes understanding charts. Unlike the basher on this board, these folks read the charts and this guy (kgoodrich) is a longtime recognized expert in the craft of using charts to make money. Unlike the basher on this board, this guy (kgoodrich) has no ax to grind; he's giving an honest, experienced opinion on what he sees in the chart. Unlike the basher on this board, kgoodrich is a paying member and he has been since 2003; he puts his money where his mouth is. You may not believe it, but the charts are the way to make money. As to "fundamentals", follow the money. The money for the Energy Commander project is government money: 40 million dollars of it form the EU for economic & industrial revitalization and for targeted green technologies. IHDR, unlike most little high risk companies, does not need to dilute to raise 40 million to go forward... they have EU government project funding. The fallback position should the EU money fail to be delivered (and, with the unit built and certified, all that remains is for it to be shipped), is an extremely lucrative Chinese prospect. Its up to you to weigh whether you want to believe objective chart experts who get asked to evaluate the prospects out of the blue and who do not hesitate to state that it is primed to move up, or whether you are going to believe a basher who personally states she despises the CEO and who will not consent to treat anything anybody says that differs from her predetermined positions with the respect intelligent adult opinions deserve.
So, go to the links below and think about it. And make up your own mind.
http://www.investorshub.com/boards/replies.asp?msg=15132437
http://www.investorshub.com/boards/board.asp?board_id=3424
Good luck to you, and its good to see you interested in this little stock.
Imperial Whazoo
I never know what I am going to do until I see a sign of strength. Generally, volume is the chief indicator that tells you if a move up or down is a strong one. If you want to know the future, you need to ask another guy. I only know how to react to what happens. At the moment, IMHO, the stock is trending sideways waiting for the next news. It may drift down a bit. I'm not worried and I won't decide what to do until I see it happening.
I use candles. To trade candles, you need to learn the setups. As of today, the volume was low in comparison to the prior day and it merely retraced the down action of that day. So, we are in neutral until we are not. It sounds like circular reasoning, but its kind of like trying to describe yellow. You just have to see it.
It is not possible to tell someone else how to trade. They have to learn that for themselves. Some people like to trade breakouts. I can't trade breakouts. Some people trade gaps. I hate gaps. Its kind of like playing hockey. Some people can play goalie. Others are defensemen. Its all a question of your own personal style. As for me, IMHO, I'm treating this stock like it is in neutral until its not and I'm watching it like a hawk for signs of strength.
As for my existing position, though, I'm long. And truth be known, I'm looking to accumulate on dips. In fact, if it wants to retest the 11/20 hammer on lower volume, it wouldn't hurt my feelings one little bit. A lot of people might panic if it retests. I wont see it as bad unless it tests on big volume. And thats my basic point. Watch the volumes. Thats my style anyway. Someone else might point you to something else and it might be better. All I know is how I do it and how I do it works for me.
Wish I could say what is going to happen. Never could and never will. What I can do is interpret it when whatever happens happens. Chart reading is reactive. Thats simply the way it is. So, I'll watch the volumes and the patterns and react accordingly.
You need to understand that the reason I wrote that long post was to point out that the chart is telling us that this stock has considerable hope of being a very profitable investment. Some people are swayed by all the arguments that populate this board. My point was to say to one and to all that I, for one, have my mind in the chart itself and that I think the lessons of the recent chart history are subsatantial persuasive arguments to counteract all the sophisticated negative posts that are all over this board. I just felt it a worthy thing to change the subject from arguments over opinions to something pretty darn basic to traders: the message of the chart. And I actually did it because I am truly grieved to watch everybody succumb to the attacks. This chart is not a disaster area and I think somebody needed to weigh in on that. So I did so.
Sorry I can't tell you what to do, and, of course, don't treat anything I say as a recommendation to either buy or not buy, sell or not sell. I will not venture into that minefield. Everything I say is my opinion only.
Imperial Whazoo
Thanx patience
Imperial Whazoo
Just the facts, mam, just the facts.
Oh and by the way, did you make any money trading today? I did. Guess how? The charts, mam, the charts. The charts don't lie.
Lets look at part of a past post in which I lay it out. -
"Beginning 9/25, there was a BAWC day (big ass white candle, for the uninitiated). It was not a remarkable high volume day, but it held up against all retracements that followed, so it is thus self evident that it was speaking loudly and that it deserved to be heard. What it said was that the decline was halted forthwith. And that’s what happened.
The volume of the pullback that followed was miniscule vs. the volume of the BAWC. Basically, a BAWC that holds and that is not retraced (c.55% pullback is all in this case) is confirmation of the message of the BAWC, especially given the piddly ass volume of the retracement. This was therefore a base building event. At this point, there was no strong move that declared an up trend, but there was a strong enough statement that should have been heard that declared that the downtrend was finished. Its like a gearshift. It went from reverse though neutral before shifting into a forward gear. Its as simple as that.
The confirmation that we were in fact looking at a new uptrend was the BAWC of 10/5. It is also true that a doji on extremely low volume on 10/4 presaged this. Dojis, like piercing lines and haramis, are trend reversal signals.
The 10/5 upsurge lasted two days. It was followed by a tepid pullback that declared in a loud voice that it was a weakling: the indicator that was its noun & verb in this case was a harami on 10/10. It was a classic harami. It foretold the next upsurge. It did not merely go "Ahem", like a butler clearing his throat. It elbowed you in the ribs and stomped on your toe. The inadequacy of the pullback was further highlighted by the low volume of that pullback.
There followed 3 BAWC days on solid volume. Two things were of note, however: (1) the volume on each day failed to attain that of its preceding day & (2) none of the three days had volume as high as the original BAWC day of 10/5. When the climax was announced by a long legged doji at the top on 10/17, since there had been 3 BAWC days with declining volumes each day, the chart announced that the climb had peaked for the moment. There followed the first decline in this timeframe that had any volume to it. However, the volume was not as high pulling back as it was going up. This always means that the pullback will fail. Guess what? It did. Fail, that is.
Next there was a retest of the top, but the climb was on inadequate volume and it only succeeded in retesting the prior top (10/25).
Since this 10/25 retest, there has been a steady price decline, but the volumes as this retrace happened (10/26 - 11/20) were way below those of the upmove (10/5 - 10/16). If there is high volume in a pullback, people are bailing. If there is a pullback but the volume is not there, then people are not bailing. What happened in this case? People held. They did not bail.
Now the appropriate question is this: did the people who held simply mistakenly miss their sell point or is there evidence in the chart that buyers are returning?
Lets answer that: What happened on 11/20? There was a classic hammer formation. Why is this Japanese candlestick candle called a hammer? Becasue the stock is said to be hammering out a bottom. Take a gander at the volume on 11/20 and go left on your charts and compare it to the corresponding volume level of the upmove days in the same price range (10/5 & 10/12). The volume on 11/20 was the highest volume in the downmove but it was far from even coming close to the volume of the two updays it spanned in price. In fact, what happened here is graphically depicted by the long wick of the hammer: this was a selling climax. The sellers tried to muscle the price to a low that would have traversed 90% of the body of the 10/5 BAWC candle body. They failed miserably. The chart spoke a plain sentence: the pullback was over.
Now, it is one thing for the decline to end. It is another for a new uptrend to begin. The next 4 trading days (11/21 - 11/27) were extremely low volume. The price action was sideways. Today, we have a candle that reached a higher high on on markedly higher volume. In my opinion, this is the first day of the next upleg. The hammer hammered out a bottom and, sure as shooting, today we got confirmation and, IMO, a prediction that up is the next prevailing price direction for this little pinkie stock. Today was a good day for going long, IMHO.
And, if you aren't convinced by my analysis above, throw the following indicators up on you charting package: MnyFlw & AcmDst. Now, heres what I see. Tell me if I'm wrong. Starting 10/5, money flowed in bigtime to this stock. Starting 10/5 it was accumulated and it did not get distributed on the pullback. Ask yourself this question: if smart money is putting money into this stock and is not pulling it out, what does that say smart money thinks about the prospects of the EC being a worthy innovation? "
Anything other than the message of the chart is irrelevant. There is not one single thing you have ever posted about that has ever had even the slightest bearing on whether this is a stock folks can make money on because you don't seem to have the slightest idea of how to time a trade using the charts. You have never posted anything that has any relevance to the message of the charts. The chart lesson I laid out is right on the money and it is, by the way, a roadmap to make money in this stock. If you learn to read the map, you'll have a chance to make money. To actually make money, of course, you are going to have to learn how to trade. The hard part is timimg the trade, and, again, the way you time your trades is governed by the message of the charts and it has nothing whatsoever to do with anything else. If you ever stop telling us all how many facts you know and start watching the charts, you might have something to post about. The idea, mam, is to make money. Until you understand this fact, nothing you ever say will ever have any bearing on how to make money in this stock.
Have a good night and enjoy costructing one of your typical replies. There aren't too many folks who enjoy your posting of them, but you quite obviously delight in constructing them. So, enjoy, mam, enjoy. As for me, I'm going to be out there timing my trades and making some money, like I did today. Oh, by the way, did you make any money trading today? (Shhhhh... I did.)
Night mam. Sleep tight.
Imperial Whazoo
How many times on this board over the months has the question been asked of our hateful basher, "Why would you, not owning any shares, spend so much of your time and energy bashing IHDR so hatefully?" I think the answer lies in understanding who has the most to gain if IHDR fails to deliver on their side of the contract. Who but the EU politicos who hate America and for whom the award of this contract to an American company must be acid in their throats? Who could pay a person to devote their time to bashing? Who could plan it so that that person had expertise to make their comments sound bona fide? Anyone have a better explanation? The EU companies who hate having an American company get these funds have every incentive to do anything they can devise to undermine IHDR. Undermining its investor base would be effective, don't you think? How about muddying the waters enough for reports to be made to the SEC... allegations of fraud, managerial malfeasance, corporate fraud, a "pump-and-dump", investigations sapping the strength of this little company, its shareholders all in an uproar?
I think the Chinese showing up is either incredible good fortune or it is a genius stroke by management. Either way, who cares? It’s a brilliant stroke either way. Now, with the Chinese in the picture, if the EU companies succeed in getting the contract undone (or even if they succeed in tangling things up, thus destroying the value of the contract), there is a market to China. It is nice to have a fallback position, don't you think? And it has the ultimate effect of keeping the EU folks honest. That’s how competition works.
The unit works. It is about to be shipped. The chart is foretelling a new up move. Smart money has been accumulating for a good while. This is not a dreadful tale. It was a tale soaked in hope all along, but it appears hope is about to be fulfilled. Bravo IHDR. Well done!
Long and strong.
Imperial Whazoo
I wonder whwther the actual "handoff" has to happen in Europe or whwther the reponsibility is actually transferred at or prior to shipment. IHDR (John).... why not call them and ask for specifics of what detail specificly xconstitutes transfer.
imperial Whazoo
Folks - in addition to the charts
which are fully in support of IHDR moving on up, you have hit the target smack dab in the center when you speak about the funding.
I can speak to this issue because I my degree is in American Economic History. The financial engine pulling this technology forward is classic "pump priming" economics. Our depression was the lab in which this family of government intervention economics was tested. Just do a little reading of the economic history of our Great Depression. Take Rural Electrification, for example. The idea was that, to stimulate development to grow us out of the depression, it was right and proper for the government to invest in programs directed at targeted technologies. Farms did not have electricity, so the government spent the money to put in the infrastructure to stimulate growth. I have to go trade, so, thats about as detailed as I have time for, as regards the history lesson. All this arguing about engineering and fundamentals misses the point entirely.
So, lets scope out the funding of the IHDR project. What is being done here is the EU equivalent of programs like our own depression era pump priming. For example: the plant this is going into in Italy is in a formerly industrialized area that is targeted for rebirth. The EU is targeting green technologies. Voila... IHDR is the beneficiary. The driving force behind this technology is not anything that is the subject matter of the bulk of the petty and insulting arguments that predominate on this board. It matters not one whit whether this is a reasonable technology. It matters not one whit whether it is economical. It matters not one whit if consultants who get hired to work on some aspect of it vehemently disagree with the decisions being made by the company in the course of the emergence of the technology. This is not an engineering driven product. This is not an economically sound development project. What matters is a 40 million dollar largess that the EU is putting up for economic revitalization, industrial stimulation, and for political environmental reasons.
It is simply obvious that government pump priming is the driving force. The jot and tittle of the details are irrelevant. If it is necessary to get a certification (as appears to have been done), then that certification is deliberately designed to meet the baseline requirements to permit IHDR to gain access to the government funding through their European partners. If there are delays, you can bet your bottom dollar that the inefficiencies of the governmental system with which they are involved are contributors as much as the alleged dishonesty and incompetence of IHDR management. And by the way, I don't think these guys are dishonest.
You can also bet that the decision to go with an American technology source has entrenched enemies in Europe. These political enemies will do anything they can to steal back a victory for whatever technology they favor from the defeat they obviously suffered when their favorite-son technologies lost out to IHDR. Does anybody need a better explanation for the bashers that predominate this board? What sane businessman would hurry through and make a mistake in getting the thing built, demonstrated, and certified? There is no other way this product was going to make it off of the drawing board other than with a government fat-cat client, and thats exactly what has happened. Now that its been built & certified, it now has hope of viability even if the EU reneges on its funding obligations, especially given the Chinese option. And the emergence of a Chinese option is IHDRs obvious leverage to move the project that is certainly facing European headwinds forward. There are enemies over there in the EU who see no reason on the face of this earth to funnel EU money to an American manufacturer. I can think of no better explanation for how a basher who owns none of this can spend the time to execute complex attacks. If they ship this unit, they better damn well accompany it with an armed escort. This little company has some powerful enemies in those folks to whom they lost in the EU, and you can bet your bottom dollar on that.
So, follow the money. This is a government project. It is like the space shuttle or Tang. It defies logic, as all such government projects always do, but it is a government project ant it should never be forgotten that that is where the money is coming from.
And also, don't forget that the chart looks really solid too. Smart money apparently "gets it".
Best regards,
Imperial Whazoo
Thanx. I'll dig in my backyard as regards the sorts of resources I've PMed you about in the past. My end takes a bit of time. Very interesting, though. And thanx again.
Imperial Whazoo
Thanx man.
You did some good digging there man!! You got a date on anything for that Wichita Falls address? Is the company "new" to the Texas RRC? If it is, it would seem possible that the Royal folks have set up shop here in Texas too. And Wichita Falls is a pretty solid place for being in the oil business here. If this is an old company, it may be a different entity and not related at all. So, good work & do you have any kind of date context for this find?
TIA
Imperial Whazoo
Excellent stock_me_up & thanx bigtime. I just don't have time for another charting package.
Imperial Whazoo
Absolutely right tchauncy
The seismic is a huge "hidden" asset in and of itself.
Imperial Wahzoo
I just checked http://finance.yahoo.com/q?s=WWNG.PK expecting to see a PR. Since I didn't see one, did I misunderstand your comment? I apologize ahead of time for not understanding your comment.
Thanx.
Imperial Whazoo
WOW!!!
I'm watching several right now. I got into ALA at 13.22 and it had a fund (I suppose anyway) come in at 13.32 at 8:44 AM. They snarfed up 1 million shares in a single tick. It is IMHO support. On one this big (ALA that is), its like turning an aircraft carrier as opposed to a speedboat. So, it may drift down a tad, but I think it will hold and move on up.
I did HYGS yesterday at 1.44/1.45. It opened and went to 1.52. I have a target of 1.49 on it, but I don't like putting 1.49 to sell it at open because I end up missing the 1.52. thats why I didn't have a sell order at 1.49 in. So, I'm "gambling" it will retest 1.52 today. Could regret it LOL.
I'm also watching KING & IHDR & WWNG. I think they will run soon. Watching their vols like a hawk.
GLTY.
Imperial Whazoo
I got into HYGS yesterday afternoon. It clicked on my new "test" indicators I'm beginning to use. Up 2.77% so far today, even though I missed the high so far today. I may take profits here in a sec.
Imperial Whazoo
Yeah. The first thing I did this morning was go over to kitco and look at gold. Holy moly miss molly!!! What an upthrust at open it New York.
AURC shows nice moneyflow.. Steady inflow.
Imperial Whazoo
I like! SFPH Nice find. Nice chart. Thanx. Adding it to a watch list.
Imperial Whazoo
I show a multi month going back at least to the hanging man on 9/5, if not a little before that.
Imperial Whazoo
Well, it just so happens that every single real time tool I use for charting is NON browser based. The choice I have is to cut-n-paste an image of the chart and paste it to an image link web site and link to that image. Problem is, though, that the BMP of my chart is larger than 1024 X 768 (I use 1600 by something, I can't remember). So, cutting out and pasting an image won't work either.
Since money flow and accumulation/distribution are common and since everybody else seems comfortable with stockcharts.com, the best I can do is tell you to try putting it up on your stockcharts package. I can't without stopping trading amd undertaking something else. Fact is, this might change. I'm trying out 3 new subscription services next week. I'm going to be ditching one of my current ones and subscribing to 2 others (as it were, picking two out of the three I'm going to try). In the future, if the products I end up with are browser based, I'll be able to post a chart to illustrate my comments. Until then, I'm trading all the time and, when not doing that, I'm evaluating furiously to try to pick the products I will move to. Taking on stockcharts.com in addition to this workload is just to much to bite off.
So, effectively, sorry.... not able to post a chart for you at this time.
Imperial whazoo
starboy -
Heres my first "TIER 1" list. Egg on my face, maybe, but its not for real if I build a tool and don't commit to it in a real way. Posting its daily results to a public board will keep me honest as I refine & fine tune (or eat humble pie LOL).
TIER 1 watch for 1 to 2 day (buy on sign of strength if it shows up) 11/30/06
BKHM
DRMS
DRRX
ENCY
IMH
LAB
LGF
NR
PLYCF
PXLW
UB
Good board youze guyze have here.
Imperial Whazoo
Thanx starboy -
I've been developing a couple of custom indicators I developed for myself over on stockfetcher.com and I've been refining my use of them. Made some money today on them, too. They show BIGN in a bigtime accumulation mode. A real strong buy.
I've begun to use them a lot. And, like I said, BIGN is being accumulated. So, I rest easy. Buying on dips.
OT: I plan to begin posting a sublist of my new custom indicators over there. I think it may be odd to a lot of guys who have a breakout mindset. My list is going to be called my daily "TIER 1" list and its my new indicator's best choices for a daytrade the next day (or two). It may show my new tool to be stupid, and I'll eat some humble pie and go back to the drawing board if it does. But, maybe not too. Its aiming at a 1.33% return per day. The idea is not to target big movers. Just trade a targeted percentage and watching it compound.
And, I'll be finished tonight soon and I'll post my TIER 1 list over there in a few minutes.
Anyway, BIGN is under accumulation, IMHO. So, sit tight. Thats my view.
Again, thanks to you & wave.
GLTY
Imperial Whazoo