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I stepped out for 15 minutes and miss the run to .90 lol. Well hopefully we see 1.00 later!
Some slapping going on now. Just stay afloat and then this play should be...in play.
yea all the volume today is coming from sells, but the day is still very young
Wow volume really slowed down. Come on buyers see the potential here. Where else can you buy a stock at such a high discount?
Be nice to see some more consolidation over the next hour or so in the mid to upper .50s then a breakout over .62 resistance. If this happens we will test the day highs. For now the goal is consolidation.
Thanks for posting. That is a very good point to keep in mind. This is NOT a BK play or your run of the mill OTC stock (just like SNOFF).
LGFTY on Stockcharts.com
Hey guys just had LGFTY added to stockcharts.com!
nice steady climb from the lows now. I tried grabbing some .51s but didnt get filled..
True man, patience is needed. Maybe after things settle here we will see a steady climb, which would be much better than a rocket ship from here. Best of luck!
I hope Im wrong and it flies back, but after another tanking like today, this will now take time.
Sorry but this could fall much further than yesterday based on what the current selling looks like. You cant be TOO patient with a stock like this or itll take all you have. Its already back down to the LOD just about, off .02 from it. This is heading lower. ek
What does yesterdays pop have to do with today having it slowly trend back to lows? (aka game over)
Again hope Im wrong, but the downward pressure is intense and doesnt seem like it can sustain the pop it was trying to have from .45.
Looks like game over after that small pop from .45? Not exactly the move we were all hoping for today.
"AH Trades on OTC explained"
These are unsettled trades. OTC markets DO NOT trade afterhours like the NASDAQ. Any "trades" you see after 4pm on OTC stocks are unsettled trades from earlier in the day. Its just the books being cleared, so any "missed" trades get booked after 4pm. None of the action after 4pm on OTC has any affect on the actual share price going forward.
Hope this helps.
15 min turned around and it kept afloat. The .67 print had me going, but wow this could move here if we bust the .83!!
oh...but hope I'm wrong.
At least for today that is.
Looking like my initial feeling of the ride being over at .83 is true.
Yea that pic has been there since well before the whole Maid incident haha. Arnold is still the man, his taste in women is just attrocious.
.70s seem to be holding for now. A blast over .83 and should see 1.00 by EOD. Just need to keep floating here.
Looking like the end of the line for now. .80 is a PITA. That was fun.
B-E-A utiful close. Doesn't get much better than that. This is quite the bullish indicator. Up to the 20 day MA next, break that and 4s.
This is exactly what we wanted to see on the bulls side. 10 day MA broken today and over yesterdays HOD. Close over 3.00 today and WOW
Just punched a new HOD and over the 10 day MA. First time its over that indicator since the huge drop. Crossing the 10 day MA is usually a bullish signal.....
The charts look pretty much identical, which is good. TRE.TO has a strong hammer signal as well. Hopefully this follows the pattern similarly to the example of ENTR I gave. If so could see a dip tomorrow to test 2.79 area then up and green.
This is of course without any type of news.
lol I like that one. For a good reference on a chart with a hammer check out ENTR on stockcharts.com. You will see the hammer that occured on April 13 2011 followed by a big green day. The second day after was a doji looking candle(just like today for SNOFF) then the 3rd day after the hammer it shot up again after testing the lows from the 14th(doji day). Tomorrow we may test 2.79 (LOD from today) hopefully hold over then jump up after and go green. Just check out the move ENTR made, the charts right now are very comprable.
Not really what I was expecting for a close, but its the pinks. Had a nice jump to 3.14 then just couldnt stay over 3 into the close. Didnt see the trade sizes either, anyone know if they were big or not?
There could be some serious fireworks EOD. If this jumps over 3 on volume.
I agree. Yesterday it was consolidating all day in the 2.40-2.50 today it's the 2.90-3.00 range. The support is there, this should move higher into the close. We will know for sure in the next hour and fifteen.
15 min starting to pinch. The move is going to go into the close again. Its been holding 2.90s to 3.00 all day. Longer the consolidation the bigger the breakout. When this moves itll move pretty quick.
Classic hammer yesterday and today was confirmation on the bottom. See my post from yesterday with chart.
http://www.stockmarketcats.com/f5/snoff-sino-forest-corp-pink-sheets-230066-8.html#post308735
Podcast up http://www.encountertech.com/ on the bottom right of the page...
200 day MA is .00086. Break this and ENTI could go parabolic. ENTI has rarely crossed this huge resistance point. If it has enough momentum to break through that would be a huge buy signal and things could get really interesting. With this news and chart potential ENTI may finally get a nice little pop over .001. Just need to get trhough this .0008 wall and ENTI may see some more daylight.
Dang, not looking good for ENTI after todays close. Might be time to call it quits once again haha
Hey Dev, hope all is well.
Wanted to let you know Im back in ENTI. I've been slowly accumulating over the last few weeks. I bought my last chunk of shares last week.
Lets see some serious green!
Seriously, what is the deal with that?
Your post gave me a good laugh. Just picturing the look of surprise is hilarious. Thanks!
Hey for those of you who have been here for months, do you remember the random "fat finger" trades that spiked at .08 and .05? Soon after that the stock went on a multi month long downtrend. Maybe now that we had a random "fat finger" downtick we will have a multi month long uptrend? haha
oh and those of you concerned about the chart. A trade like that can be ignored on the charts. Didnt help us when it was an uptick so why hurt us when its a downtick?
I am very curious as to WTF was going on with the "trade" though.
Nice little drop and pop this morning. Lets test the .0018 level again.