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Somewhat like Mushroom Cultivation?
And THAT'S why I prefer charts and technicals.
Material news would negate the technicals. Hopefully that will occur soon. If so, then my call of weeks ago, for a test of .014/.0145, will have been proven correct! LOL
Awesome! From .08 to $1.00.... Scam me to multiple dollars!!
WEEEEEEEER!!!
Paid with shares?
Yes Sir! The Daily Chart is looking nice. I just got back into the office after being on the road all day. I wasn't able to see anything. Nice volume today and a solid move higher. Can only imagine what might occur once their funding is in hand, and the DeRocker is on site producing. Gold is responding nicely over the last 35 days in anticipation of PYHH going back into business. That .80 close is the highest trading level since early December. A break and close above .80, and another visit to the $1.00 highs of late October will probably happen. Close above $1.00, and she's off to the races.
It hasn't even started Rawnoc. You 'fan club' is going to go crazy shortly when they see PYHH tapping multiple dollars. Gold is trading at $1155.50 at the moment, and that increases the company's profit margins by an additional $100/oz since just January 1.
Can't wait to see the DeRocker on site and producing!
Holding well during the wait for funding......
Getting closer with another minor test for the the first support line. RSI under its 50 line now. FullSto just about into the slightly oversold area. All MACDs crossing into the negative levels, well, 2 of 3. But the third is on the doorstep of its red zone. Without any real news, I am still anticipating a real test of the .014/.0145 support line. If that doesn't hold, say hello to the lows of December.
As Big B would say, "That's a great level to add to!"
I might say, "It's a nice time to re-enter and try attempt another swing trade." But I'll have to see what the technicals and chart look like.
Thanks for your thoughts. And my trades are swing trades, which typically take a little bit longer term hold than scalping or flipping.
Please explain Pocho. How would sacking JJ be bad for shareholders?
As you can see on the chart and technicals, although the little paint jobs at the end of most days affect the charts a bit, the overall trend isn't affected. That $18.00 end of the day trade on Tuesday did make the MACDs curl slightly due to the .018 share price. But the negative divergence continued immediately after the numbers corrected themselves yesterday and today. Still hugging the MA50, but she's still at a slight decline. Still waiting on the sidelines rather than attempt to catch the falling knife. Getting closer.
It's not that they can't read between the lines. They very much understand what is being executed. But the distort and shake games aren't working this time around in ORTC.
Yes, I heard that 500MM was fake the other day. I just asked my broker to add 500MM more for me because I heard here in this room that people can put up fake bids. They told me to go back to ihub, lol!
Almost always the seller, to get their funds next day. ON the big boards, a next day settlement for a buyer typical means getting the shares at a small discount. But he also has to pay the next day.
Because one wouldn't have to wait for a 3 day settlement if they need the funds quickly. I can get my funds the next day also with my margin account, but then I pay 2-3 days of margin interest to get my funds the next day. With a next day transaction, one can get their funds the next day without payment of any margin interest.
That could mean executed for a next day settlement.
I didn't see it DD.What price was it executed at. It's hard to say without knowing the broker or MM that printed it. But since the public can't trade pre mkt, it could have been a reconciliation from yesterday or possibly a continuation of a certificate that has been cleared and is being liquidated thru a broker using a 'market best' order. Maybe someone versed more in this area, like kezzek, would have a better explanation.
And as for the closing at .018 yesterday with that big $18.00 trade, you can see that the chart has already 'reset' to the real conditions of the FullSto and MACD prior to the minor distortion of that end of the day trade. Where the charts showed a slight curling to the upside because of the .018 print, it's now corrected and back to the negative divergence seen for the last 3 weeks. The MA50 is at a slight downwards angle, so those believing it's offering support are correct, but it's a declining support line.
You might also note, that the after hour T trade is not reflected on the chart, as an OTC T trade is a reconciliation of the trades executed during the day, more than likely from the certificate being cleared and sold.
Only strong, material news will stem the tide. In the meantime, we are waiting patiently for the next entry. So far, I don't know of any flippers or swing traders crying that they sold up near .023/.024.
Absolutely Wrong! The OTC doesn't allow you to trade pre market or after hours. That explanation pertains solely to the Big Boards.
Thanks Myrtle. I am aware of what a typical T trade is on the big boards and on the OTC. The T trades on OTC are normally from trades relating to a negotiated sale of a certificate that has been cleared and deposited in a brokerage account. Someone has some paper to sell, and that's why I asked if anyone knew of any certs out there clearing at the moment.
Hi DD,
It's typical when you have paper being placed and dumped. At the end of the day, there's usually that paint job to deceive the unsuspecting investor to believe the 'strength' during a higher volume dump. There appeared to be a lot of distribution today at the .018/.019 level. I'm still waiting for a re-enter once the indicators dictate it. Those paint job deceptively change the FullSto and MACDs when the occur. Just part of 'creating' a 'buy'. LOL, I used to fall for that poop all the time. That said, I really do hope that MDMN finally hits that motherlode for all still waiting!
Not only was a BS paint trade executed for $18.00, and it hurts the chart as to getting a real picture of momentum. Notice the VWAP was .0172 despite the BS 1,000 share trade at .018. No one is fooled by the painter, though, it appears. But of greater importance was the T trade of 500,000 at .0167. As most know, a T trade is the result of a certificate being liquidated. Does anyone know of any certs that are being cleared?
BKRT appeared when a friend of a friend began accumulating two days ago. He's bidding for .0003s, but hammering the .0004s from time to time. He added 53MM more today alone.
BKRT has zero to do with the 100s of millions being sold into the .0004s. It's not flipping either, which so many continue to say. You aren't seeing any of the 100s of millions at .0004 unloading into the .0005s. And it's not shorting either. No idea. More than likely, it's coming from those that loaded 100s of millions in the .0001 and .0002 levels from months ago. BKRT only joined the box about 3 days ago.
Correct! In the meantime, I had to add another 2.5MM just now.
Hello!!! Someone, besides me, is getting it!
I'm know there's a few more. But the impatient ones just don't get that TDEY isn't an ihub penny P&D stock.
Those are paint jobs to create fear among longs, lol.
Is anyone shaking in their boots? Ha-Ha!!
Might take a bit more than consistent .60 sells.
Excellent analysis phx!
Thank You!
That's the friend of my friend who bought that 5MM and is bidding. Same for another stock that I'm involved with. He's bidding there, and it's showing through BKRT also.
I've done the same in the past. Anyone claiming the opposite isn't posting the truth, period. But it has helped to shake some .60 sellers out, lolol!
Yes, though BS .60 trades don't appear to be scaring anyone!
BWAHAHAHAHA!!
A friend of a friend purchased that 5MM at .0004. He's bidding for a nice chunk at .0003.
LOL! So true!
I think all those talking about a R/S might be a bit dyslexic.......
I believe they actually mean S/R...... SHARE REDUCTION!! From 9B to 4.2B
WEEEEEEER!!!