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.0153 is the 20 ma on the weekly chart, a close above has not happened since August of last year, I am not saying that it will remain above just that it was critical for the close....and your critique is...what?
I do step out of "Evil lair" when it's deserved Nathan! It was a weak close but..Still a notable close...Now it needs to remain above or it will be considered a failed attempt and the reversal could be extreme....Next week then.. ;?>
Cooky
.0155 close makes this the first weekly close over the 20 period since August of last year.
Bid 74k @ .014 x Ask 1.69mil @ .016 , just a little lopsided.
Saw that, More should come your way...I'm a little lower than you (low 6's) so soak them up.GLTY!
Just stay there, I am sure you will get filled In the week ahead. GLTY!
Looks to be the first red weekly candle under the 50 period in quiet a while. More downside to come.
We'll find out tomorrow....should be interesting...keep your finger on the trigger..or shoe phone. GL
Just a little chart data, if this closes above the .0153 mark on Friday it will be the first weekly close above the 20 period since august last year and a very strong indicator of the future direction, the beginning of the week we had a cross of the 3 ema and the 8ema on the weekly and again this has not happened since July of last year....Again.. Looking for a close above .0153 for the week or it will be considered a failed attempt to close above the 20 period
Popeye what do you mean "Now What", We wait for the news that usafa said will be here Today or Tomorrow.
usafa Member Profile usafa
Share Tuesday, July 26, 2011 8:29:56 AM
Re: ShortonCash post# 159674 Post # of 160157
As I've stated for two months....KATX will provide news this Thursday or Friday as Vale ends its quiet period. I have no doubt. Anyone can call Ken or Stan to confirm.
IMHO based on my previous posts.
My only post for the day on this board.
GLTA.
7's are going fast...6's up next
Ragi,Mappo..It does look like MM's making a chart, they have walked the bid up and made a nice ascending triangle with .017 as the baseline....looks like a test of .018 coming. imho
Interesting trade's 50000 @ the bid then 5000 @ the ask..someone unloading ?
At this rate we will be in the 6's next week.
"I had very high hopes for KATX as many here, and now have to face losses I didn't anticipate"
Sorry that you are facing losses SG, Maybe this will turn the corner yet..
Cooky
If i remember right there is a gap at the 5.50 area from last year, I truly believe that will be closed before the next bull run..the shorts are in control of this now and I will sit back and wait for the turn...Good luck to you Optimus...
No ill will intended...just what I see...GLTY1
I think we will find out..soon...Thanks for being real Rick..and GL on the mod position.
"and he will need to give up some of the company to get the sort of multi $m capital that we need"
Are you thinking equity financing will have to happen?
OK, sorry i did not see that you updated your message..thanks
Was it because he talked with Ken and found something out good/bad and needed to remove himself? or is he just moving on?...kinda sudden tink. GL
that's not a good sign.
Did we loose our mod?
Bid 5k @.0084 x ask 1.28mil @ .0088
Looking at a target of the low 5's for reentry
Shorts are back in control.
PPS is above the 100 day ma, it has not been there since Aug last year, A close above .016 would be very nice indeed..GL
So your saying news from VALE will be about KATX?
Not sure if everyone saw this. possibly more shorting in the future.
http://www.bloomberg.com/news/2011-07-20/solar-mirages-bring-muddy-waters-concerns-to-china-panel-makers.html
Rule, It looks like the 00's are the new norm here, .009's will fall and so will the 8's..a good entry point will be in the .006's as this finds a bottom maybe even the 5's..GL
Looks like storm clouds on the horizon...Need some news this week.
Interesting article out this morning.
might see some more short action in the near future.
http://www.bloomberg.com/news/2011-07-20/solar-mirages-bring-muddy-waters-concerns-to-china-panel-makers.html
Took a position at 4.42 yesterday, looks like the shorts have some covering to do.
Rule, I agree this will see a lower pps than .008...0067 is my target but we'll find out where it stabilizes..until then.
shorts are working this today.
Still shorting.
With the volume spike the other day I agree something is happening.
was that your 100000 share's at the bid?
I admire your gusto SG, the trading range is too tight for me right now..but I do wish you and others well here..GLTA!
I see your point..good luck with that.