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Quick..... Someone wake up Picasso!
Just remember, after a Form 15 to delist, all a company has to do is complete the audit and file a Form 10.
I can't call anyone out since I have no proof of who Picasso is. But whoever it is, it reeks of desperation.
Breaking below the first line of support, but it's too early to tell if MDMN will move lower. I may depend on the next few hours of volume and the closing price.
We see Picasso almost every day since the last top. As I've said, it's a futile attempt to change the real momentum. In the old days, Picasso's broker would have sent him a warning or even reported it to the SEC as stock manipulation. But this is the OTC.
Keep your chin up traders. The technicals are resetting, and we'll be ready for another profitable swing trade when there. Catching the falling knife will almost always slice you up.
Have a great weekend all.
Ah..... Picasso is back today. Yippee, a big trade of $35. What a joke, lol
I see .015 now
More than that, but I did see that 1MM sell, yes. Of the 1.7MM that was there, it's now down to just 320,000
Not anymore
I don't ignore it, but the technicals pretty much do. They are based on a number of mathematical equations. It takes into consideration volume, prices at which trades occurred, along with other items. So as you already mentioned with yesterday's trading, most all of it was done at much lower prices than the fool who is being separated from his lunch money. It's always good to take a quick glance at the VWAP on the chart. You can see it near the center of the chart in the trading information, just below the 'Last Sale' Today, despite Picasso's $9.00 trade at .0162 and a second one of approx $113, the average weighted price is .0156. It isn't as obvious today, but it doesnt affect the indicators such as the MACD. It will not change the momentum or average price of the daily volume average. It's silly, but he is only fooling himself, but I'm sure his broker enjoys the conintous pissing away of a commission.
As I've said mucho times before, the end of the day painter isn't fooling anyone but himself. He would be better off saving that daily money he pisses away and invite some friends over for a weekend BBQ. Or if he has no friends, he could always hire a cheap hooker.
In the meantime, the technicals continue downwards into the oversold area. So far, it looks like the .0145/.015 might be an area to begin accumulating a few for yet another successful swing trade. Whether it hods or not, is anyone's guess. The chart is talking to us.
Correct BB! The chart will show when the next pump is on. Keep your eyes on those technicals. Oh boy, how I wished I would have done that over the last few years with good old MDMN.
Closed green today with the help of an $81 paint job. But more importantly, that little old support line that I've been pointing out at .0145 got its first test today. You see, if dumbass Picasso would just quite trying to manipulate the stock in the last minute or two of each day from when MDMN was very overbought back in mid February, the reality of things would be an honest trading down to were the stock was headed per the chart and technicals.
Don't think so? Check the overall momentum, direction and where the share price landed today. Am I convinced that a bottom has formed simply because MDMN tapped .0145 today and the painting of the tape occurred again at the end of the day? Nope. But in looking at the FullSto and MACDs, a bottom is certainly a lot closer now that when the technicals were in the nose bleed levels while I was being told that 'flippers will be crying soon' blah, blah, blah. That was the same message for the last 7 or 8 swing trades. We might be crying about the stock moving higher when it's completely overbought someday, but in the meantime, swing trade MDMN for gains while others wait to forever. Believe me, I used to do that too, lol.
You are absolutely correct, penknee in regards to anyone having purchased any size down to those lows. I have also repeatedly stated that I didn't get any of those shares, but I did begin buying at .38, yet I have been here since and during the lows of .0204. I am also nice and green on SNST. I've also held my initial shares, all under $1.00, for well over 1 year and some already over 2 years. I said many, many times that SNST is a long term hold for me. What the rest of you guys do is irrelevant to me. But I thank all for their continued advice of what I and others should do with my investment.. Very kind to have so many 'advisors'. You all can laugh all you want, but we'll see what things look like over the next few weeks and months. If I bank, I know very few of you will congratulate me. If I lose, I'm sure I'll get the shit talk for a long time.
Take Care
I get them, and that's why I've stated to many to just be patient and allow the stupid talk to play out and absorb the shares from those that believe the bullshit, thus causing them to sell. I've heard it all, over and over and over, from the low .02s. When SNST is monetized, all will be fine.
WEEEEEEEER!!
Once again, thank you dummies for the cheapies. I would also like to thank all those that assisted the share price into the .70s and .80s.
Can I get a WEEEEEEEEER!!
I agree! Almost 28k added between just 3 of us the last few days. Stupid is as stupid does. Keep those cheapies coming. Avoid the noise, as I have since the lows of .0204.
Go SNST!
Going up. Great company and product.
Yep, that's exactly what most have been thinking. Why give up that $100MM before one needs to. It's a long path to summer of 2017.
Here's a weekly chart that shows the trading channel going back to the days when QUES hit its highs of the low .70s. Since mid November, the stock began to trend slightly downwards in a new trading channel. The stock does appear to be holding support in the .15-.17. It will be interesting to see if any of the mule month rumors are finally able to reverse the direction of the long, negative trend. Looking at QUES in hindsight, it would have been great to have traded this channel. It appears that someone did exactly that, masterfully swing trading for almost two years.
Oh, oh...... A nice little T trade on MDMN after the close in the amount of 1.9+MM shares. Just might be a cert or two being cleared?
Unfortunately, with the positioning of the MACDs, it looks like the support line at .0145 may not hold, since the 12D MACD isn't anywhere near leveling out yet. Maybe some awesome news will stem the tide.
Let see the dumbass painter take out VNDM, lolol
Could be, don't know. I'm just letting the chart 'speak' to me.
Richard was booed by most in the crowd that day. I remember it well. I wished I had been smart enough back then to trade the stock rather than sit and wait while being served Chilean Koolaide for years, lol.
Ha-Ha! I just got a phone call asking me if MDMN is in the Navy now..... I'll have to take a drive down to San Diego and check it out......
Here's a Surfing Song for MDMN currently, lolol
It's probably going to take a large amount of the Sherwin-Williams Paint inventory for Mr Picasso to do his job today in the attempt of getting MDMN green. We'll see. In the meantime, that support level is close now. Will it hold? Will it fail? Who knows?
You have a wise friend! I'm past my pain, lol. Doing well holding tightly to real investments while flipping and trading others.
Yes, I was there, and I remember plain as day. But the worst thing was when they declared that idiotic 10% restricted stock dividend. I was one of two or three that didn't applaud or standup. And I did look around the room. That was nothing but dilution, and I after weeks of being cussed out, most finally got it. But like a dumbo, I held my shares until the stock was well under .08. Dumb, Dumb, Dumb (I'm not so much anymore!)
Hi D.D.
Thanks the level I'm waiting for. That doesn't mean it will get there, though. It also doesn't guarantee it would stop there if hit. It's simply an area where I personally would begin accumulating again. Next underneath the .0145 level could be that previous low of .012s. It's just calculated entries and exits based on technicals. Keep your eyes on the MAs, FullSto and MACDs. I've circled the latter two, and btw, I mentioned those prior to the crossovers of both directions, pink and yellow. If you don't subscribe to StockCharts.com, then maybe you can only see a default chart. I don't know.
I don't suggest entries or exits. But I'll be glad to continue sharing charts and the technicals. Just keep in mind, I always hear they don't work.
As you can all see on the chart and the technicals, Picasso is worthless and actually quite pathetic. Chickenshit trades of a few dollars doesn't and will not change the momentum of money flow into and out of a stock trend. The current trend is down, down, down. And no amount of spray paint or even a gallon of paint interrupts the overall results. The FullSto and MACDs are beginning to enter slightly oversold levels, but with the negative divergence, it does appear that the first target of .0145 will be seen. We sit and wait for a re-entery. Those dumb swing traders, darn!
I had the same begin a few months back Mike. I came to the conclusion that it is purposely being done by ihub in order to drive members into paying for the monthly subscriptions. I may be wrong, but I've heard the same from many others. So I become a paying member again because it was very annoying to see the ads hiding so many portions of a message.
That's not a guarantee that the stock price will get to .0145. Charts and technicals are tools. If you use them and 'listen' to them, you'll find the results are rather impressive, especially when swing trading the big boards.
There's an IO** stock that I am in. That chart showed the share price outside the upper bollie early last week. I mentioned to a few friends that the stock might slow, consolidate or decline some until it's back inside the bollies. Sure enough. Now just a week later, it's back inside the bands, and it's the time to add a few more. I can't sell much of that one as it is way too thin. With MDMN, it's easy to swing as their is plenty of liquidity to swing 500k-1MM. Not so with the thin one.
Sure thing Big B. Not much difference from what I posted the last time. The FullSto and MACDs continue with their negative divergence to the downside. The sell signal for a few friends and I (again, I wasn't in during the last swing trade) was during the two trading days of mid February when the candles where 100% outside the upper bollie. Currently, the MA50 isn't offering much support. Should the stock close above the 50, one could hope that this level might become a bottom. I'm not convinced yet. Maybe Picasso will paint the end of the day again believing that it might convince a few how 'strong' the stock is. I'll just shake my head again when he shows up and lolol some more. Without material news, real news and not fluff, it looks like the support line at .0145 is a realistic expectation. Until the technicals reset, I am expecting more trending towards that line. As with the previous swing trades, including the one back in early January, those that sold by following the chart still aren't crying as we were told we would by a few. One can't argue with the momentum shifts when they occur. 90-95% accuracy with those trades, if one stays patient and disciplined.
Here you go Big B:
Not to worry Rick! You're still my favorite, even if MDMN doesn't have you down as one of their favs!!