Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I see a 1st resitance at 0.33 then between 45 and 50. After that 70.
Guys, NITE is off the ask at 0.189. I think its time for slap the ask. NITE is going to try his luck shorting at 0.20. he he he. IMO.
555 trade depends on whether its on Ask or Bid. 555 for the past 4 trading sessions has been on the Ask. So its bullish indicator for the traders. IMO.
Brad, you should look into the 2 year chart. You will see lot of people are holding from more than $1. IMHO.
This certainly is not for Day Trade, shorts, flipping. This looks to me a slow and steady runner. I cannot think of any pinksheets or OTCBB stocks like this. Green everyday for 6 consecutive trading sessions. IMO all the bid whackers are already out. We go in only one direction from now on. NORTH.
I agree with you. Get in before the company gives us a huge PR. It will move to $0.35 (1st resitance) very quickly once the news comes out. IMO we will see $0.75 before this month end.
Yes True. Shorts are getting worried now. If you look at the L2, you will understand what I mean. They are desperately trying to get the PPS down. But our super 555 investor will not let this go down. Which to me suggests that we are getting a huge PR soon. IMO.
Again I see new investors on this board. So more people getting onto SOBM train every day.
Its unbelievable after 5 days of finishing in Green, no bid whackers and its holding this level very well. which IMO is very for next leg up. No one wants to sell at this level even without news. When we get the news, we go higher easily as L2 is thin. IMO.
When the stars are aligned properly for UWRL, they will give it a go signal and we will go higher easily.
May be the CE filing delay caused due to the accumulation from the Insiders. We never know. One day we get a news and we go to the new higher levels each day.
You are correct about all buys were not retail. Without news IMO retails could not be buying that many shares.
Go UWRL.
See my post on Aug 29th. Still I believe some one took a big position in UWRL at 11 and 12. Also more bought at 9's and 10's last week. I think the shares changed hands through NITE on the ask. Thats the reason why we see the increase in float recently. IMO. I was criticized for this post that day. I was wrong about promotion starting Sept 1st. But we should be closer to the CE filing and merger news that follows.
I am long and strong holding 8.8 million.
GLTA.
Posted by: anbu Date: Sunday, August 29, 2010 1:29:08 AM
In reply to: moro who wrote msg# 27819 Post # of 30297
IMO someone took a big position in UWRL at 12 with the help of the MM's and Management. I am not sure how but thats what happened. The MM's made sure that there is a strong bid support at 11 and made sure that the investor bought all the shares at 12 and he would have finished buying all the shares at 3:55PM on Friday. Some panic seller would have sold 15 million shares at 11 (might be because Friday). IMO its a sell. But not bad for longs. Who ever got at 11 is very lucky. The New big investor has bought all the shares at 12 and MM did not want to close less than 12. So they would have closed at 13.
IMO as mentioned the Friday tips, Company will file the documents to remove the CE status and promo will start from September 1st. This is an ideal opportunity for some groups to lock down the float and increase the PPS. Meaning we will see slow and steady PPS rise from next week.
All above IMO. GLTA.
Yes. Did you see a sell of 500 shares at .175. Some people want to be short or trying to get in cheap prices. Good to see no one is selling now. Holidng on to these levels without news is a good news for the longs. IMO.
IMO no one wants to sell at this levels. Some people already loaded expecting the news. Some are in the sidelines waiting for the news. Once news hit, everyone will get in. I think they can get in now instead of buying at higher prices after the news.
Yes Thats true. Company should drop a news when everyone least expect it.
I thought we will get a news update today. I am ok with news being released either later today or tomorrow morning. SOBM will hold well without news today.
Hopefully we get some financial statements soon. GLTY.
You know lot of things about trading. Learning some things from you. Thanks.
If I am not wrong, you should have already accumulated SOBM at lower prices and waiting for a big run. Godo Luck Brad. Hopefully we go higher soon.
Yes. I think CEO has a lot of experience. Hopefully he brings in lot of good stuff for SOBM. OK Guys. Good night.
Have a good day trading today.
Go SOBM. GLTA.
Yes MMs take it down where they want but there was a constant pressure on the ask always. But still MM's tried to bring the PPS down, which makes me believe that someone is trying to cover their short position. IMO.
I am sorry. I have no idea how the aquisition is going to be. Thats why I want them to go to higher boards in order to be more transparent to the shareholders. I will be more happy to see them trade at OTCBB boards than pinksheets. What do you think is good?
Also SinoBioPharm (SNBP) is a client of bay2peak same as SinoBioMed.
SNBP trades in OTCBB. So I think SOBM will also trade in OTCBB in future. IMO.
Yes. We never know whether they covered or not.
But if you have been following the L2 for the past 4 days, you can see some one is trying to bring the PPS down to cover their positions. So I think shorts will be covering which will add to the rally once we get a rally news from SOBM. IMO.
I am not sure about shorts covering. But I read somewhere that they have to cover their positions within that two weeks period. I think the current two weeks ends this Friday. I am not sure about shorting. So sorry if I am wrong.
Also as per your short intrest posted, I think shorts have to cover their positions by Friday ( I calculated the dates). If so, We can see this stock go higher today and tomorrow if we get the news. What do you think?
Thanks for pointing it out. I am excited about things to come as per their first PR after 2 years. I am expecting some king of uplisting to higher boards news. Once I see that news, I will be more excited and will be holding for atleast $1. Yes $1 is a long way. We never know what happens in stock market.
IMO short intrest we get after two weeks. So we cannot come to any conclusion with that. I was watching the L2 for the past 4 trading sessions. Looks like some one is trying to bring the PPS down (not sure shorting or to cover), but there are lot of people who got the news of new ceo and lot of news to follow started buying more shares. If I am not wrong, SOBM had a record volume last week in nearly one year. Which to me suggests that something big is coming. We never know, insiders may be buying more shares or some one is loading big time. Anyways I believe lot of things to come and took a position last week and added more today. I will be adding more tomorrow.
Rek,Thanks for the L2 post here. Towards the close it was great watching the L2. Longs vs shorts or bidwhackers. I was watching the L2 all day and It was fun to watch how people sell for 10 to 15% gains when there are more to get near term. Anyways gain is a gain.
I will watching the L2 all day today.
It does not state in the PR. But they have mentioned aquistion news etc. For all those to happen, they have to be on the higher boards to get shareholders confidence. IMO. Sorry I forgot to include IMO in my message.
They have released two news one on Last Thursday and other this tuesday. Next one IMO should be Today. First step for any company to succeed will be more transparent, which i believe SOBM will be. Please read their PR released last week. They are going to come up with lot of things. So for everything they need to establish themselves very well with the shareholders.
IMO no dilution last two years. SS remains the same. Anyways company is heading in the right direction. I think we will get the news about share structure and otcbb uplisting news tomorrow morning IMO.
Yes. I can see you are a super long investors. Your wait will pay off big. If your average is between 0.60 and 0.75, I think we will see that by this month end. You will be Green from October.
I am hearing lot of big things to come for SOBM this month like OTCBB uplisting, acquisition news etc. I think new CEO is more active compared to the previous CEO.
Go SOBM.
IMO next resistance will be at $0.33. Once we pass 33's next resistance will be between 45 and 50. After that it moves fast to $1.
FLD is possible. We had two days huge volume and I think all bidwhackers, nervous sellers, panic sellers sold out last week. We had less voulme on Friday and Tuesday. Which makes believe that shares are in the longs hands. Also IMO whoever shorted before these great news have to cover their shares now or at higher price. I think we go higher from tomorrow. I am waiting for more news.
Thanks. Anyways I have included more on my sticky post. Hopefully it helps the new shareholders.
Justin, Can you please sticky the post#557. It will be useful for someone coming new. Its not as good as your DD. but some infor which will be useful for the new people coming onto the board. They can know what is going on here.
I think some big investor is buying all the cheap shares at these levels and other investors also trying to get into SOBM now. Bid whackers and Shorts will feel bad next week. Cant wait for the market to open.
We see lot of new Investors on this board everyday which is a very good sign for the stock.
We are #9 on the Breakout boards and #12 on the Active forums. Thats great. More eyes on SOBM.
Also the person claiming the Black candle on the chart would not have seen the Fat finger trade at 0.28 after the market open yesterday or he is trying to get more cheap shares after the market open. My suggestion would be hold for more gains. I think this is only the start of lot of good things to come for SOBM.
I am going to buy more tomorrow morning. I am more excited on SOBM now.
I am expecting a news before the market open. Hopefully we get one and we go to 0.25. My realistic target will be $0.75 short term (One month) and $2 in 6 months to 1 year.
1. Chart is bullish - new 52-week highs everyday
2. Right now it is still a STRONG BUY & HOLD (From the hints in the PRs, there is something big brewing and rumored news is coming every week!)
3. New BIG NAME CEO for such a little unknown penny stock!
4. No dilution or BID WHACKING, the accumulation continues and this is a confirmation of a STRONG BUY & HOLD
5. Level 2 is sooo thin
6. SOBM looks to be a easy TRIPLE short term and 10 bagger long term from here as the momentum continues and news flows out every week.
I think short squeeze will begin as soon as we get a rally news. We will be at 0.50 or 0.60 in no time once we get the rally news. IMO we close at 0.20 today easily.
Note: This is my last post for the day. I will be reading all your posts. Please post anything that you find about SOBM. Thanks.
We are #10 on the ihub breakout boards. Please keep posting and take sobm to the top of the list.
Did you see that next resistance is at 0.3133. This is great. Once we get passed 0.3133, we fly to 0.60 in no time. Guys please Watch level 2, NITE is thrown out with huge buys every time he comes on the Ask. This is fun to watch.
NITE is trying his best to bring the PPS down. But as soon as there is a bid whack for small amount of shares, there is huge buy at the ask. This is exciting. I think close of 0.20 would be great before tomorrow's news.
1. Chart is bullish - new 52-week highs everyday
2. Right now it is still a STRONG BUY & HOLD (From the hints in the PRs, there is something big brewing and rumored news is coming every week!)
3. New BIG NAME CEO for such a little unknown penny stock!
4. No dilution or BID WHACKING, the accumulation continues and this is a confirmation of a STRONG BUY & HOLD
5. Level 2 is sooo thin
6. SOBM looks to be a easy TRIPLE short term and 10 bagger long term from here as the momentum continues and news flows out every week.
Whenever NITE shows up on the Ask, I see a 555 trade (buy). NITE here is trying to be short, but some big shot is not allowing to go down. I am not sure when NITE will realize the big things to follow in SOBM and get off the ASK. As I type, we are back to 0.188. Go SOBM.