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Would need be quite the PR .. or a coordinated blast of PRs
then again that could make it look too much like a P&D
meanwhile... zzzzzzzzz
It sure won't be revealed at present if they are diluting - all they say is 'I don't know about share structure, talk to the guy who never answers anyone...'
Chart looks good for a reversal though take a look, maybe you will get out a bit higher...
Just at the open we have:
2 days low volume
MFI: turning up just off of 20 today
%R: up all week - from -100 to -57
RSI2: 94, very high
RSI14: 44 and moving up
SS: fast crossed up from slow, both coming up from below 20
MACD: just turning positive, also relatively high; very near to 0
of course these will probably all sink fast if it opens and starts playing .009 games, but if any kind of buying hits today, the chart will officially be looking ripe tommorow.
The ads can push long links to the bottom the page. What is your take on OiNCO? The chart has been acting well for the last couple days. Reversal potential is growing. And howabout all the AH stuff?
LOL & Thanks, that is the same link as the one at the bottom of my post :) except mine displays data from 03/08 and yours displays date from 12/07
Hard to say who's doing the actual trades but clearly VERT, NITE and AUTO are top o the charts.
Ha! I would have to be a lot smarter to do that. :) If I watched closely enough I would at least have been able to tell you which MM was active at the last trade of the day. When the trades go after the bell, there is no relation between the price and what the bid and ask show so no MM can really be pinned to any particular action. That might show up in the reports they sell on OTCBB.com or we could try to extrapolate based on the AH volume and the Monthly Share Volume Report?
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&SortBy=volume&Issue=onco&Month=3-1-2008
Today's volume was 271,450 at the close. After close the volume rose to 499,450.
16:03:51 - 228,000 - .0097
ALMOST HALF THE VOLUME IN A SINGLE AH TRADE
Average price before the AH trade was .01015 - a grand total of $2,755.05 was traded here today.
Not even 300,000 volume is enough to get this AH trading BS happening. When is their deadline? What is their goal?
If it weren't for that quick 10,000 at .045 it would have closed LOD.
5 & 15 mins chart - SS, MFI and others looking great from about 2:15 on.
But still today's decline accelerated over yesterday's decline.
Daily chart just a wreck, plenty of room below but .05 held very well. 6 of the last 8 days with lower lows, 7 of 8 with lower highs. *May* get a double bottom at .045 but since .04 showed up on 3/10, may also see .035.
And why did the CEO leave? That can't be making many people happy.
LOL! Nice .011 buy! All ONCO needs is for 10 people to throw $2500 each at the ask on the same day. And 10 more ready and 10 or 20 who are already in to jump in on the action, a double or triple no problem. And give it some real volume... well I'm still thinking week of the 14th if it holds the bottom here
The nickel seems to be holding out OK. Next real support after .045 is .035. I would guess that pinksheets giving AQUI a "PS Current Information" rating would bring it up nicely off whatever bottom it finds.
It looks like they are starting to make the filings with pinksheets as of yesterday. If they continue at their current rate it will be about next week before the "Limited Info" label is removed. Little steps for little feet.
2@ .05 x 3@ .0545
2@ .045 x 2@ .055
1@ .044 x 1@ .057
4@ .024 x 1@ .076
4@ .03 x 2@ .09
they look ready to take it down hard or take it up slow
2@ .009 x 2@ .011
Less than 200,000 shares knocked 3 MMs off the bid and dropped it to .009. Probably all buys too. LOL. (pos) Let's see how far these 11,450 .009 shares will drop it.
According to Dr Walker, Mitchell Segal is the ONCO consultant who knows about share structure etc. Here is his email:
galbri@msn.com
He hasn't responded to my email inquiry and I know of another poster who was unable to get an email or telephone response out of him, so I figured i'd post his address here and maybe someone else can get a reply out of the closest thing this company has to an IR guy.
Heading on over to the DMV now... gonna getta license plate that reads
Oinko 4 ONCO
Nice. Thank you, bookmarked and so on. Looks to me like that is the place where Lianhua-AQUI news would show if it is indeed appearing with the Lianhua ticker on the HK exchange.
PS - Nice car :) Saw one (Z28) driving by somebody's garage up in the woods this weekend. Just the tail lights sticking out. Way better than those Lambo/Ferrari types.
I emailed Lianhua IR about the AQUI-Lianhua PR (much to the dismay of many posters last night LOL) and have so far received this response:
"We r checking this with lianhua, will get back to u asap.
Vice President
Christensen International Limited
"
My 4:30pm email was promptly replied to with a 10:30am timestamp.
Meantime, seeing it on google is a great start. I am left wondering when it will appear on Yahoo, Marketwatch, Bloomberg and the others... or why it doesn't, but is still a good start.
My theory as to why it should has 2 parts.
1.) If the PR actually hit the HK boards as EDS says, one would have expected new interest from HK traders to bring the PPS up on good volume rather than down on low volume.
2.) Anybody should be able to lookup the ticker for Lianhua as it is trading in Hong Kong (not in Germany or on pinksheet graymarket as some posters have pointed out) on any major service and see the PR - especially if the IR guy here says it is there.
Trouble is, I don't know what services they use in HK but if it is listed with their ticker it should appear wherever we look the ticker up.
It's funny how we can be happy that it was a good day for ONCO because there was no volume and no unmarketlike penalties called. I remember a few other low volume days with no trading interference. Not enough volume to make 1/3 of it mean anything I guess. (10 yards for trade interference, 2nd down)
The chart is good and bad... new lows and lower highs regularly, descending wedge pattern. Boo.
Many indicators are in the end zones on the oversold side. Fast lines have just crossed up from below slow lines, which is a good reversal indicator, but the lines are still in the endzones that favor the downtrend, so nothing is confirmed.
We know what it needs to get going. The reality is that this could probably pop if a dozen new buyers decided to all buy in on a the same day.
DUDE!! AQUI IR emailed thousands of people telling them the news was listed with Lianhua's ticker.... why isn't it?
unbelievable...
Ok so the reason these companies have media relations and investor relations people with public contact information is so that nobody will ever contact them with questions relating to their business and press about their company?
That is better news than Linhua and Wolong. Transparency is on the way! - when pinksheets turns them from "Stop" to "PS Current" I'd bet on a positive price change. From there they can begin uplisting processes, which they really should do if they intend on legitimizing the company to realize it's worth. And now we all have some reading to do.
Every PR that mentions Hy-vee, Kroger, Publix, Jewel-Osco etc is listed with their tickers.
We were also told by AQUI's IR team that the news was listed with the Linhua ticker. The IR team should either point the way or correct themselves.
That said, I am glad to see it on google as it really comes up no place else under Linhua in public view.
You would think the PR would have at least shown up under the Linhua ticker like EDS said. "... Lianhua Supermarkets which trades on the Hong Kong Stock Exchange has listed our AquaGold News on their ticker which confirms and acknowledges that AquaGold is what we call here in the USA
"The Real McCoy""
There ought to be some kind of confirmation of this and or Wolong on any of the major channels other than EDS.
Where is a mention of Aquagold on that page?
I don't do too well on getting replies from EDS but I will try and post if I get a response. If you have a connection there that answers your emails, by all means, send em one too.
I sent an email to the IR person at Linhua - we'll see if I get a reply to that.
Can anybody find where the AQUI PR appears in association with Lianhua?
EDS says:
"Lianhua Supermarkets which trades on the Hong Kong Stock Exchange has listed our AquaGold News on their ticker... "
But the news does not appear any place I can find info on Lianhuan - except under the AQUI ticker news and AQUI stock boards. Same with Wolong Holding. I've only looked in a few obvious places but why can't it be found? Nobody has posted it on this baord either, that I have seen yet.
Will keep digging
55,000 takes .01 off the ask, then .01 promptly begins getting hit off the bid.
Yep. I am having a hard time figuring this one out. Chart was ripe for a power run last week. Then the news everyone wanted came out and down she goes. Makes no sense to me but the chart verifies it with a strong bearish reaction to the short bull run from the symbol change. Day 7 of a strong downtrend . The bottom is still coming on this one.
Without a sudden PR blitz of great stuff, AQUI is headed down and sideways just like it has done since December 07. Where are all those Asian investors who waited for the symbol change and are hearing about AQUI through giant supermarkets and mega distributors? Maybe someone decided to short it down to nothing in order to buy a controlling interest in the Co. haha ya never know, seems stupid to short this at this price and juncture.
And No, I don't want in cheap - I already have cheap. I want higher.
(this comment is not directed at you, penny, but at those who may think I am trying to drop PPS -LOL)
Do you mean beginning with LVLT going below 2.75 around mid Feb? I guess you could call it that but it is a little too small and short term for me, I like to give it more than a couple months to form. That said, H&S is not really "my" pattern but I don't see much of one here.
Unless you are referring to something else that I am missing?
imo if it moves past 2.75 in the next week or two, and keeps it, there is a better chance of a somwhat sustainable uptrend. Weekly SS and MACD are poised to turn around and weekly MFI is very oversold - but I don't see the H&S in the weekly either.
Dailywise - there is a bit of an uptrend tat needs to break through 2.25. $2.36 and up would be a treat and a good sign that 2.75+ may be on the way.
wwalker@oncologymed.com - they spelled it wrong on pinksheets - I asked the Co. about that and got no answer - also asked their new finance guy (along with abunhc of other things) and got no answer from him at all
Dr Walker told me in an email that his shares are restricted. Also in the filings they posted on pinksheets.com I thought there was something about the insiders' shares being restricted. I would look it up but am running out the door now... nice trading this morning in that the trades were at the ask and then the ask went UP! That needs to continue for a while :) GLTY
And another thing.. just to make it wierder... if the Co. is dumping/diluting etc., why would they be doing it now? and bringing PPS down like this? Esp. given that their restricted shares should be coming due in the next month or less, wouldn;t they be extra concerned with such a low PPS and the trading of late?
You always have some good theories. Had to do a little math and here is what I came up with re today's trading. Not counting the AH print.
Price - Volume (k) - $
.0100 - 125 - 1250
.0095 - 150 - 1425
.0093 - 35 - 325.5
.0090 - 461 - 4149
.0085 - 51 - 433.5
.0081 - 25 - 202.5
.0080 - 563.3-4506.4
Totals
Volume = 1,410,300
$ Traded = $12,291.90
Price Avg = .008715805
Plus the add'l AH 459,000 @ .0083 = $3,809.70
At this point, ONCO may or may not be a scam, I always felt they were legit, but they are not truly transparent so as you know, it can't be said for sure whether the Co is behind this mess or not. The chart is downhill since its inception, and the company and the news are unchanged over the last year - just a growth story with a declining chart and tiny OS.
Hose em down!
(sorry, had to say it). Meanwhile, back at the ranch:
16:02:12 - 459,000 - .083
probably not a negotiated trade at the average price of the day
Why can't this hold on to any gains?
Now legit, symbol matches name, matches filings... sure they need to go SEC with their filings but things take time.
New distributor, new contracts, things are looking better and better but trading is as though none of the above ever happened.
What gives? Do we really miss Manuel that much? Do we really think the Co will be unable to move forward without him, given everything that is already in place? Come on.
If that last .0095 action (11:46 - 11:52) was a buy of 100,000 shares, (or 110K?) things must be pretty tight around here.
It was broken up into 5-6 trades. 1/3 of it was mirrored in the process (rather than being mirrored as 1/3 the daily volume in the AH - maybe this is why AH is not showing the intraday mirrors any more?). Anyway, nice volume but what is really going on here?
If 1/3 is the magic number, then maybe the BS stops when 21M shares hit, since that is 1/3 the OS. How crazy is that?
The only longs in the green are the new buyers who bought .008-.009... and there aren't many of those, if any at all. They sure aren't taking profits either, unless they are selling at the ask.
Funny you should ask...
Here is what Dr Walker told me a few days ago.
"I have no control over any stock but my own which is restricted and not on the market. I may have the same concerns for the trading you do but don't have any control over that. All I can do is make the company successful and I can assure you that the Staff and I are doing an outstanding job of that. Our new Brachytherapy accounts will add significantly to our bottom line by the end of the year and we are activity seeking new ones. The financial end of the business including the structuring of the stock situation is in the hands of Mitchell Segal, our financial consultant. I suggest you email him at ...
Sincerely,
Bill Walker"
I deleted the email address so as not to spam the guy senseless. Am I too kind? At this point, I don't want to eliminate any chance of the Co ever contacting me again.
I emailed Segal 2 days ago, CCd Walker, and have heard nothing. Emailed EricDavid yesterday and heard nothing from them either ... but it isn't their company so why would they rush out a response?
For the curious, I can not PM.
Support was tested one too many times over the last few weeks. It had to break. A/D now at all time low, but last time it was that low it stayed there for a month, then ran from .009 to .042.
And there go another 100,000 at .008, another buy on the bid I am sure (insert sarcasm here) Then a whole 25,000 @ .01 from the ask, ( I'm sure there are many interested buyers this time -- haW!) and it drops to .0095. This is the beginning of the SUB penny that people said would never come.
I guess they figured if they are gonna dilute, why not just let it rip? Next will be the RS - isn't that how these usually go? Of course, the other way these usually go is they plummet then bounce.
1.28 high >> .14 low
.50 high >> .06 low
.115 high >> .056 low
.12 high >> .009 low
.042 high >> .0095 low
.022 high >> ?
which means PPS has done roughly the following, with the high being 1...
1 >> 1/10
triple >> 1/10
double >> 1/2
double >> 1/10
quadruple >> 1/4
double >> >
So maybe soon will be a low of around .005 then a bounce to .01, or low .002 and bounce to .006? Or I am really just clutching at straws :)
Have to wonmder about the PRs and timing,
Well just look at all those .009s going by...
Yeah but imagine if you're the little pinky Co with a tiny float. You PR a buyout on the table and your PPS goes through the roof. Now they really have to work to buy you that way.
Also, not sure of the law but it sounds somehwat illegal to buy the shares into a number of different of holders who agree to vote the same or who then become owners of the new CO.
I thought it was someone trying to buy some kind of large or controlling interest but the numbers make that seem unreasonable now.
What percent of those trades do you think are being accumulated?
There are over 16M of them since 1/28, and the float is 17.6M.
I'm running out of posts today but what do you think? Where could all those buys be going to? Even if half of them are being accumulated, that makes half the float gone to a single AH trader. And why continue to drag down the price cheaper and cheaper even for a buyer? Unless there are a lot more shares coming? That's all I can think of. But the Why part? hmmm...
Chart here: Plus: 16:02:36 - 1,020,000 @ .098!!!
16:03:21 - 90,000 - .01
2,372,050 vol today. Oh yeah, plus 1,110,000 AH = 3,482,050
HALF THE DAILY VOLUME IN ONE AH TRADE
This is supposed to be a linkable version of the chart, you might have to be a member to see it all.
http://stockcharts.com/h-sc/ui?s=ONCO&p=D&yr=0&mn=6&dy=0&id=p52017816180&a=134549379
pop is possible by week of 4/17, the wedges are strong, continued down is possible too.
I could see maybe in the .02s or higher, maybe even a quick one at .018 recently, but what would make you short this at .011?
2.25 would be a good close. A break of 2.22 would be good too, but not as good. Still, closing well above the 20 and somewhat above the 8 is not a bad thing.
1@ .0095 x 4@ .01
6@ .009 x 1@ .011
1@ .008 x 2@ .018
2@ .0075 x 1@ .021
3@ .005 x 1@ .024
2.3M traded and an hour to go. Won't take much to dig into the .009s, one little bidwack should do it. Not gonna be me though, .0095 is too expensive to play these games at, even for $200.
ONCO, Oinko, what's the difference? They both eat garbage and roll around in mud.
.01 on the ask with 30+ mins between trades? Then a mere $200 prints.
Atsamatta!? ...nobody wackin the bid no more?
Wasn't .01 a bargain basement price here? Only attractive when it's on the bid?
Come on now, half that amount took 2MMs off .011 bid, why doesn't affect the ask?
Somebody cheatin an lyin bout sumpin!