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Same here, we are going to need some drilling news soooooon!
HH
SSN, and the 'sell the news' crowd shows up. Land deal postponed.
HH
So will todays gap fill or is this a breakaway gap?
HH
SSN, land sale set to close July 26. This thing could get interesting shortly. Not holding (yet), but watching. Sell on news maybe?
HH
SFMI, Silver Falcon Mining. Anybody follow this? Looks like the chart is reversing.
HH
.96 x .10 eom
Any updates on drilling status?
tia
HH
Actually got stopped out this morning, very weak all around.
HH
AEZS, bought into yesterday also. Chart looks ready, lets see if we can get another high volume today.
HH
The stop clearing spike down yesterday. This is typical of BB stocks, but it kills a run.
HH
OTC Quote for WOLV:
http://www.otcmarkets.com/stock/wolv/quote
.095 x .099
Yesterdays shenanigans spooked some.
puddler, probably was a market order that triggered stops. I do not use hard stops on BB or pinkies, just mental buy/sell points.
HH
Could have been done on purpose by some dumb a$$, there is some bad blood on the WOLV board lately and a thin stock like WOLV can easily be moved.
Just my conspiracy theory side at work.
HH
Well it just killed the chart. MM lineup lost support also, no wonder I don't invest in BB stocks much.
Was that a 150,000 share dump?
WOW, look at all the stop gone!
O.K. bought back initial position(s), will add more as we progress. Hopefully I won't have to sell again for awhile, just saw the chart falling apart last week and being the type that does not like to see profit slip away, I sold. Call me a chicken s$$t, but it keeps the accounts from looking ugly.
Have a nice weekend all. HH
No personal attacks here, just got burned a few times in the past by people claiming to be 'long and strong' but had multiple motives. Not WOLV, but other stocks like EVRM and MRPS.
I will probably buy back in shortly and put all this 'noise' to bed once and for all.
HH
ChiChi, so you think the H&S pattern from the beginning of the year has been negated with a break of the neckline? Also, the 50 dma has dropped below the 200 dma on the SPX, does this concern you?
HH
ChiChi, any upside target now that 1040 has been broken? BTW, nice call!
HH
50 and 200 sma about to cross. Repeat after me in gruff voice:
DEATH CROSS
http://finance.yahoo.com/news/Markets-Swoon-Prompts-Fears-cnbc-1901455233.html?x=0&sec=topStories&pos=1&asset=&ccode=
Looks like you are going to get your doji, I keep wanting to buy some bargains, but will wait.
HH
I gave up trying to get filled at the bid earlier in the week, no luck. Slapped the ask and got filled within seconds. This was Wed., different story now.
HH
The chart is was keeps things 'interesting' between news releases. Glad I bought yesterday, but I do need to add more as we progress.
HH
Yes it is. I was looking for the final capitulation low yesterday of .105 - .11 range, but never happened. Got filled at .13 today, will add as we move forward.
HH
Actually I think the chart is starting to look attractive. I bought some WOLV today.
HH
The bid was at .113 but trades were going through at .12 and .125, not sure if stops were being taken out but just plain and simple selling.
6.5:1 sell/buy volume. WOW!
Some support at 0.12, if that breaks, look for a test of bottom bb line at 0.107. Still waiting for entry. T/A does work in micro caps, but news trumps all!
HH
Yes, high volume down days make for an ugly candle, but that is how bottoms/basing are formed. The ADX +/- lines also have crossed, lack of news hurts these small cap. stocks, more flippers than investors.
30% spread between b/a, what's up with that?
Highest volume day in nearly 3 weeks, capitulation nearing?
Bottom bb is 0.107, could be there quickly at this rate.
Lot of selling going on here, I want to buy in but we need to find support first.
HH
KATX, yep, every trip below the 50 ma quickly rebounds back to or above this level. The longer the pps hangs around the 50 ma the greater the odds of a break through. Chart is getting very OS.
HH
And the 50 MA is history, link back.
HH
Ugly candle forming on KATX today. Need to rally (and hold) soon or the 50 MA is not going to hold.
HH
New here, but I agree, KATX is just a chart play right now, needs more volume to move higher though.
HH
Interesting analysis on the bio-tech sector from a pro:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51080201
HH