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Reversal happened at 2:37PM today, since then we have higher lows forming an ascending triangle, breakout at $2.32 next resistance will be $2.40 according to intraday chart
Buying pressure here. Possible short squeeze
Mellanox(R) Technologies, Ltd. (NASDAQ: MLNX) (TASE: MLNX), a leading supplier of high-performance, end-to-end interconnect solutions for data center servers and storage systems, today announced the availability of the Mellanox Virtual Modular Switch(TM) (VMS) solution, a world leading Ethernet data center aggregation switch infrastructure. Mellanox VMS is a high-port density, flexible and scalable data center aggregation switching solution. Mellanox VMS provides up to 720 ports of 40 gigabits per second with latency lower than 2 microseconds while reducing capital expenses by up to 85 percent and power consumption by up to 90 percent. Moreover, Mellanox VMS offers the best-in-class resiliency, maintaining up to over 90 percent of the aggregation bandwidth at the time of a switch failure, compared to traditional chassis-based switches.
Fannie a blue chip by next year IMO
5 dollars here we come!
I promoted this 2 weeks ago only to lose 3 grand... I am disapointed that APS showed 3 million on bid and as soon as the bid got thin they pulled it out instead of absorbing the short attack... They want us to fight the shorts but they are not willing to themselves don't get me wrong APS promos are good but only the first week... I am out and done here good luck to y all
Restructuring is good news. the solid state market is growing. Old hard drives with spinning disks will be obsolete soon. In my opinion OCZ is a bargain right now. Once filings come out any time we ll see momentum.
House of cards about to crumble
Back to $4 next week
This will bounce up hard... "always on" technology is Microsoft biggest investment right now they need solid state to catch up with Apple
Awareness campaign expect large volume tomorrow
Good Q1 revenues... Nice volume I think this is an easy 20% in a week
Not bankrupt anymore... Bought by a large Chinese conglomerate who outbid NEC. A123 LLC in business for good now. The "Q" on AONEQ is set to come off soon... when it does investors wont hesitate to trade it
is this promo done?
let the up trend speak for itself
we're heading north people
nice rally going up here
usually 3 days, many shorted on monday so there should be a lot of buys today from them
103k shares just got slapped.
agree, at most 2 million got covered. There's at least 40 million not covered out there right now
APS email:
Hi Everyone,
XUII is seeing an attack from the short sellers and this is the time to consider buying XUII while it is still cheap. We strongly believe shares will bounce back faster then most think and could soar back to new high even faster.
The same thing happened with LOTE when it was attacked in April and dropped from around $3.50 to $1.50 in one day. Only to see it soar past $10 only a few days after. This is the type of tactics that we believe shorts are using to scare retail investors into selling.
Institutional buyers are not scared and are buying shares in XUII as we speak. We believe members should consider XUII while it is artificially cheap. XUII is recovering very fast already as institutional investors scoop up all the low priced shares. Act quickly before the opportunity goes by you.
We will stand behind XUII and members should too as the potential for it reach $1 and much more is very real.
XUII is trading at a huge bargain and members that are buying now could soon see XUII triple in the coming weeks.
With Akon's upcoming concert this Saturday, Xumanii Inc. will get tremendous exposure that will benefit the company in many ways. Not only will XUII get a huge increase in membership but it will also show the market that it is capable of signing and working with superstars. When Wall Street realizes that, XUII could start a massive uptrend.
This is your chance to be part of of XUII right before any other superstars are announced and of that we are confident that it will happen. Could Kanye West or Lady Gaga be next? The adoption and use of XUII's platform is just starting to get notice and many more will jump on board!
Tech companies like Xumanii Inc. are often valued by the number of users that they have just like Facebook, Instagram, Tumblr, and Youtube.com. The more users the higher the valuation. Perfect examples are Instagram and Tumblr that were both recently sold for $1 billion mainly because it had a large database of users.
XUII could quickly go viral and grow its membership very rapidly through its affiliation with superstars.
XUII could literally skyrocket and cross over $3 in the upcoming weeks.
Consider XUII now before Wall Street starts buying up all the cheap shares!
Your PennyStocks.com Editor
33 to 39 would be a good trade here
this has more steam
news + APS will email take us to 0.39 today
most buys around 0.32 and 0.33, scalpers won't get out until 0.38 IMO
recovering nicely
this is one way to create volume for sure
i guess we ride the rollercoaster then
back in at .32
got out at 0.34... i'll buy the bounce
Get out people
u need a new computer
ANOTHER REASON WHY:
About 25% of all sell orders going thru are short orders. Please google what a short order is and you will learn that ALL short orders have an EXPIRATION PERIOD, typically 3 days upon which the seller has to "BUY BACK" or "COVER" his order... thus what we call a "SHORT SQUEEZE" happens: a reverse of a DUMP, it is technically based on panic from short sellers to BUY and they begin slapping each other's buys on the way up so they minimize their loses.
Legs are getting stronger too!
READ THIS. Why I am holding
I've played APS and PPS for 2 years now and have made BIG money with them, i wont lie i also lost money on my early days but mainly because i was trading based on what others say... so how do i know when to get out and when to buy more?
- Look at REAL TIME Level 2 quotes. Right now there is a 2 million share brick wall killing every short attempt AND giving confidence to traders like me who are TECHNICAL.
- Read the charts. Draw a trend for the last 6 days on every lowest point and you will see an UPWARD TREND here... this means the SUPPORT IS GROWING.
- All this selling you see now is actually good because it means we're shaking off the people who are not trading. People who are selling now are the ones who don't daytrade or trade based on emotions, OR don't have access to real time Level 2 (i couldn't on my previous job)
Having said that, once all the sellers are gone all we have left is the LONG HOLDERS like me who, based on previous APS and PPS promos know that APS is not happy until they reach 300% from their promo price.
The first email i got from APS for XUII was at 0.31, 300% of that is $1.24. That means MOST people like me will sell around 1 dollar because it's also a round number, therefore "mental" resistance.
As long as we see a 2 million brick wall on the BID i recommend to hold on to your shares... you will thank me in 2 weeks when we're at 90 cents!
u're welcome, i hope all make money today!
very narrow spread here, good battle
u first have to sign up for tdameritrade then you can download thinkorswim from within the TD account, they don't require you to fund the account at all which is cool
once you download it look up on their knowledge database how to view L2 or i can show you later
Thanks for the article Bama. So the Liukkos pulled a fast one on RCKE and got fired and are also getting sued by RCKE. Good for RCKE. It's about time Mark Harrington and Rock Emery get a hold of their company.
Here's why i'm still invested in RCKE:
Rock Emery has a lot of money, knowledge and resources available to him, besides he has Mark Harrington who has successfully developed 4 other oil/gas companies in the past and sold them for great profit.
I do believe that sometime in 2013 RCKE might get sold and our shares will double overnight... just my theory
wall street will notice xuii very soon