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Bidwhackers finished ? The bidwhackers gave the mm's a few at .04..
Now, why did NITE move from the best ask of .044 to .05 on no trades ?
Stop giving away your shares folks, there is only one mm back up to .07.... helloooooo
its headed higher, only NITE on ask, then jumps to .07, gap filled ...
its ready again, all it needs is a few buys,
I am sitting on .04 bid right now, nothing for me at this price..
the mm's are taking the .04's here from uniformed sellers
Added here this morning, Nite has some retail inventory at .044, then gaps to .07
All retail sellers, gap filled, big gaps in ask .05/.07, filling buys between bid and ask,
mirror trades present...
UBSS is finished with the cheapies on Friday... we have the cheapies in our accounts, hold them
be patient, rewards coming... :)
No sellers this morning, hold your shares, if you wish to shed a few, put them on the ask, they will come to you.
when buy order flow hits this later, it may run away
I will be in and out all day today with meetings.
All the best.
Thank you for visiting the Situation Room.
Will be updating the board Ibox this week to inform you of the reasons for the board creation, and eventual use of this forum.
SHMM breakout chart
Visit the SHMM board when you have a moment
fringe,
I liked the chart lol
all the best
Chart getting Sexy.... Must See..
First leg in last hour Friday.
More to come. SHMM. See board for more info.
Chart getting Sexy.... Must See..
First leg in last hour Friday.
More to come. SHMM. See board for more info.
Strategy and Mindset:
Folks, I truly appreciate all the kind comments...Thank you to all...
I enjoy the challenge of finding the sleepers...
If we stick with low floats and good management we greatly increase our odds in this endeavor...
Its easy to say, but better to show, those of you that got in early here are seeing it... thing is, this one is only going to get better... there is much more news to come...and the management of this company is doing something good for its shareholders. Every day.
And the chart, oh the beautiful chart, it's just turned positive, true it did it in a big way late Friday, but this illustrates and reveals the magic in a low float issue...
Fact is, I can't make anything happen without you. We are building a very strong team here, and more are asking to join us... this bodes well for our future trips together...
I will shine light on some good management, low floats and sound business plans, I believe that our sheer numbers here will contribute to and insure our success.
People are sick and tired of losing money on the bloated issues that have poor management. Personally, I will no longer get involved in such stocks. Its just too stressful folks, and its not worth it in the long run.
There are way too many underpriced issues out there that meet our criteria to be invested in a issue that has inept and shady management.
Why is it that the best managements always seem to have the most attractive share structures ? Think about it.
Yes, I realize that many of those issues do indeed run, and money is made, but what I am attempting to do here is increase our odds of winning, that is the best I or anyone else in this business can do.
We may not hit a home run every time, but we will make money on most of our risks, that is the best one can do in this business. We increase our odds greatly by associating with the right folks.
We are going to put our money behind good people and sound business plans, when you keep doing that, its only a matter of time until you hit one out of the ballpark as an investor.
I feel confident taking to the field with this team.
Frankiy, thank you, hope you have had a good weekend.. eom
sheff, thank you very much, really gives one a good perpective on things to come...
sheff, I just noticed in that link, "OTC picks" is the actual firm that is alerting it.
That bodes very well for next week, now all the ingredients are there...
The pinksheets website has been updated, as promised. eom
SHMM chart, with bollinger bands :
Clear violation of upper bollie at close,
notwithstanding intraday.
On this chart, one may clearly see the divergence
rising above the MACD signal... (never has happened
with this issue)
Also added on balance volume out of respect for
my ole buddy Joe Granville. :)
dapper, you are very welcome,
I am pleased you are with us.
Faucet/ All concerned ref SHMM..
Yes, good close today, it was a powder keg ready to blow, the volume and accumulation in the .04/.045 area was really strong.
When UBSS moved off the ask, all hell broke loose, just as we predicted.
Many (possibly up to 80%) would not enter this because of the low volume (which causes liquidity concerns) and the Big Apple(BA)connection.
There are really very few buyers here to date, at least by comparison, we have only 15 boardmarks here on the SHMM page.
The volume and liquidity issues and their attendant objections were largely overcome with yesterday and todays volume. This is no longer just a low floater, this is a low floater with tradable volume and a obvious trend change to bullish.
Folks will be realizing soon that this Tucker, the CEO of SHMM is a very intelligent business person.
He has BA on a very short leash, he has told me that BA considers SHMM to be their greatest priority, and if marketed properly without issues, it very well could put them on their long road back to credibility and respect.
The CEO of SHMM is very aware of this fact, and is in constant communication with BA about what they are doing for SHMM. I respect his decision to keep his word and stick it out, give BA a shot. BA's contract is up in October, the ball is in their court and they are down about 15 points.
In the meantime, we have a this great low float stock, just off its lows, with press releases at least once a week.
These press releases are chock full of meat. No air here folks.
These folks are on an acquisition bonanza, all of the businesses being acquired are established well known businesses with income statements and verified financials.
This one is going to be really fun to participate in, go look at the background and credibility of the management, they are honest hardworking folks, that have had many business successes already... this will be another
Enjoy.
Thank you for the update lefty, have a good weekend. eom
SHMM chart and commentary:
Huge close here today, the issue surged to close at .069 on record volume.
The issue traded in a .04 /.045 range all day, then near
the close of the session Friday, SHMM screamed to the
upside on significant ask fades and the before mentioned
surge in volume.
This price action caused the well known and important
RSI to push deep into the coveted power zone.
The last hour rally rocketed the issue far beyond the
50 day MA near .05.
MACD absolute confirmation above signal.
GIANT BULLISH CANDLE
YOU FOLKS THAT ACTED ON MY ALERT AT .025, FEAST YOUR
EYES ON THIS BEAUTIFUL WORK OF ART...
YOU DESERVE IT....
The chart you are about to see is the dream of all
experienced, informed traders...
The massive accumulation this past few sessions caused
the action today, volume, movement, and the techs will
be setting off alerts in every conceivable arena.
All traders will be looking at this one come Monday open.
Its your time folks, enjoy it :)
Just got a candle folks, its just starting now. eom
Faucet, very close here to a major breakout imo, never expected this huge volume today, nearly my whole list has very minimal volume, this issue being the exception.
Continues to be largely unoticed, volume and tech alerts will be ringing on this baby... the chart is really looking sexy..
I would rather be accumulating here today, than on Monday or Tuesday of next week, UBSS will run out of shares, then the fireworks begin...
Nobody biting at the high bid pretty much all day...
Folks, see SHMM (.042) chart and commentary below..
setting up well, MACD definite obvious cross now over signal line, great volume, RSI right along edge barely into power zone....Coming up to meet .05 50 day MA.
Let me point out please:
Record volume again, unreal for a typically slowest day of week. Huge accumulation here, accumulate it while UBSS is on ask, when they leave... expect large gaps...NITE .042 ask, UBSS ask .044, then next ask is .07.
Volume alerts will be ringing on this one, many eyes on it Monday open. Personally, I added 100k this a.m.
Everyone welcome to visit the SHMM board, CEO has new video just released.
Folks, see SHMM (.042) chart and commentary below..
setting up well, MACD definite obvious cross now over signal line, great volume, RSI right along edge barely into power zone....Coming up to meet .05 50 day MA.
Let me point out please:
Record volume again, unreal for a typically slowest day of week. Huge accumulation here, accumulate it while UBSS is on ask, when they leave... expect large gaps...NITE .042 ask, UBSS ask .044, then next ask is .07.
Volume alerts will be ringing on this one, many eyes on it Monday open. Personally, I added 100k this a.m.
Everyone welcome to visit the SHMM board, CEO has new video just released.
See SHMM chart below.. setting up well, MACD definite cross now over signal line, great volume, RSI right along edge trying to cross over power zone....
Let me say:
Record volume again, unreal for a typically slowest day of week. Huge accumulation here, accumulate it while UBSS is on ask, when they leave... expect large gaps...NITE .042 ask, UBSS ask .044, then next ask is .07.
fringe,
thank for the update, and for posting it after I got a fill earlier :)
Strong volume here for a summer Friday :) eom
Filled another 100 k here a.m., chart is looking awesome, huge buying coming in, when UBSS finally leaves, will climb rapidly..
continued strong bidding by NITE customers...
440k volume in first hour folks, when UBSS leaves the ask, it will start to take off...
I tell you what, NITE has a very serious buyer this morning, willing to pay .041. Whoever it was, picked up over 250k at .041. Very bullish
Faucet.. when folks start looking at this SHMM closer, they will realize just who the management is...
Tucker and Sarvis both were integral to the building of Jerry Richardsons* food service and related empires.
Tucker on the Spartan Food side..
Sarvis was responsible for building the Quincy Steakhouse franchising venture, which was later sold for 88 million.
Eventually, the franchising efforts of these folks for the medical staffing is what will bring the big money in here.
Now, that being said, I am not discounting the importance of the recent news releases that reveal the acquisitions of the ongoing profitable businesses.
In fact, Tucker told me that the 6 million figure revenue for this year is very attainable, and that they have developed good enough relationships with their merger targets, that they have not required the use of cash. Rather, they are utilizing preferred shares and not diluting the existing shareholders.
Everything is in place, what kills these start ups is lack of cash flow, and having to go to the public for money, hence, lower share prices...
SHMM has a 4 million dollar accounts receivable funding package in place. Yes, they pay a discount, but in the end, this is what will make us and them money. No need to dilute this little fella...
All the best.
*Jerry Richardson, best known for his ownership of the NFL Carolina Panthers.
Heads up folks, SHMM .04 .. charts below its ready. Volume came in yesterday session last hour.
Heads up folks, SHMM .04 .. charts below its ready. Volume came in yesterday session last hour.
SHMM .04 Must see chart below... go to SHMM board for updated info posted on this low floater...
Daily,1 hour chart, Level 2 @close shown below: 300 k volume hit this in the last hour of trading, great accumulation today at .04/.041.
Record volume today, trend has changed, now up, with the all important volume and MACD crossover (see one hour chart) confirmations.
Note that RSI is just now at close, coming up to reach the powerzone. (see daily chart)
In that case, I will cheer the Spurs on as well, have a great evening skang.
.20s - 30s by end of summer latest....
news is coming out here every week at least...
all the ingredients are there, low float, good management, grwoing business, little dilution.
if the Investors Daily article gets written,
or they announce great success soon with the Encore franchising business...
all bets are off.
We are pretty much alone here, few have noticed thus far, boardmarks not even 10 yet. Great things coming :)
SHMM .04 Must see charts below... go to SHMM board for updated info posted on this low floater...
Daily,1 hour chart, Level 2 @close shown below: 300 k volume hit this in the last hour of trading, great accumulation today at .04/.041.
Record volume today, trend has changed, now up, with the all important volume and MACD crossover (see one hour chart) confirmations.
Note that RSI is just now at close, coming up to reach the powerzone. (see daily chart)
SHMM .04 Must see chart below... go to SHMM board for updated info posted on this low floater...
Daily,1 hour chart, Level 2 @close shown below: 300 k volume hit this in the last hour of trading, great accumulation today at .04/.041.
Record volume today, trend has changed, now up, with the all important volume and MACD crossover (see one hour chart) confirmations.
Note that RSI is just now at close, coming up to reach the powerzone. (see daily chart)