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Thanks for the dip, was able to pick up 250k shares, now we should blast off. MJ stocks have found a bottom in sept, now we rocket off into 2015
This will be a good bounce play once it finds a bottom, crossing my fingers for 2-3 range and it would be a dream if had a hard bounce around 1
Very concise, once TRTC got above .25c and never pulled back this week it gave an indication the market had embraced a downtrend reversal and the weak hands had been shook from their shares. If the right news hits and the stock continues to show strength over the moving averages it will be quite obvious which trend is in control.
AAPL
this is always fun to watch, the year might be off but overall it ended up being the case
Here is a chart you might like. TASR from 2001-2004, starts trading 1.05 drops to .40c, rebounds to 1.70, drops to .30c then runs to $30
http://scharts.co/1qHwc4O
Very similar to TRTC in terms of chart and overall market sentiment for under the radar gems. Once the market starts to understand the potential of TRTC we could see something similar over the next few years starting next week. 10k shares today at .30c is worth $3k but could be worth $300k before 2020. The bashers will insist this isn't possible but there are a few exceptions in the nanocap/microcap markets and TRTC could be one of them. The only issue that may impede this is would be rampant dilution but considering the OS is nearly maxed out and the AS hasn't been raised signals that the dilution is ending soon leading to the stock exiting its current stealth phase.
when will the D come off, next few weeks?
Superwire, Inc. Announces Name Change To Cannalink, Inc. And Effects 1 For 50 Reverse Split, Plans To Develop CBD-Based Product And Provide Services To Emerging Companies In The Medical Marijuana And Industrial Hemp Sector
SAN DIEGO, Sept. 15, 2014 /PRNewswire via COMTEX/ -- Cannalink, Inc. (OTC Pink Sheets: SUPID) (the "Company"), formerly Superwire, Inc., announces that it has effected a change of name of the Company from Superwire, Inc. to Cannalink, Inc. and a 1 for 50 reverse split. The two corporate actions were approved by FINRA effective September 10, 2014.
The Company maintains its headquarters in San Diego, California and is managed by its new Chairman and Chief Executive Officer, Robert L. Plomgren. Commenting on the name change and reverse split Mr. Plomgren stated, "The change of name to Cannalink, Inc. reflects the Company's intention to enter the cannabis arena in two significant ways. First, the Company plans to develop and manufacture a cannabidiol (CBD)-based product for initial distribution to healthcare practitioners. In furtherance of this strategy, the Company completed the acquisition of the MigraSpray product line and assets for $300,000. MigraSpray is a sublingually administered formula for the effective treatment and prevention of migraine headaches, which is distributed through approximately 5,000 healthcare practitioners. The Company plans to use the MigraSpray technology to develop its CBD-based product and to initially market the product through MigraSpray's practitioner distribution platform. Secondly, the Company intends to offer investment banking, merchant banking and business consulting services to emerging companies in the medical marijuana and industrial hemp sector. The reverse split was necessary to position the Company to accomplish an effective recapitalization. In addition, within the next 30-days the Company intends to provide to OTC Markets the necessary disclosures and financial filings to have its Stop Sign removed. Further details of the aforementioned actions and business development plans will be more fully discussed in such filings."
I don't really understand this king business but can I join in on the fun? If TRTC can breakout past .34/.35 monday and hold heading into the rest of the week it will be a material breakout from the downtrend that started from ATH. Once it is over .50c it should show some serious strength heading into NOV and should push over $1.
http://scharts.co/1mBlEsW
dilution
no real surprise here, penny land is full of scams and endless dilution but there are times when a play can run for a little bit. This may be that time but if it drops below .20c its a clear sell, until then its a matter of the dilution being absorbed by the market or if the bids decrements and she heads toward sub .10c
If the market can absorb dilution from earlier in the month or if debt holders don't dump, this can quite easily pop up to .50c on a sector run or NV speculation.
Looks like a bottom might finally be in, long at .25c stop at .20c, lets see a pop over the 200 day at .50c
Once this stops diluting it will be a huge spec play and will run strong off the bottom. Maybe they will dilute entire auth of 500 mil and I can pick up 1 mil shares in the subs and hold until my hands fall off
Not worried about a market top until I start to see news headlines similar to this
Looks like a possible run if this gets past 1.30, maybe the dilution has been absorbed and we see a pop?
YHOO run into BABA IPO could get pretty crazy, monthly chart looks very open above 44
http://stockcharts.com/c-sc/sc?s=YHOO&p=M&b=5&g=0&i=t14098909461&r=1409970538377
BRCD, anyone like this for a breakout on the monthly? jan 2015 12 call .25c, seems cheap for 1.50 OTM
This CME futures malfunction is deja vu to 2013 when nasdaq stocks halted intra-day and opened up lil before 3pm to run hard into the close. Should be a strong week if SPY can open and hold over 200.
Anyone like PCLN off the bottom here? Holding a few 1300 weekly calls at 2.50 over the weekend.
http://stockcharts.com/h-sc/ui?s=pcln
Z is screaming to squeeze here
If HLF closes LOD maybe gap down for friday?
Anyone have the link to the list of Culter shells?
Great DD everyone, chart looks ready once its over .02c and maybe we will see some serious action heading into august.
Maybe speculators pricing in more M/A deals in the sector after the wild flavors acquisition by ADM. Very good close on strong volume, looks great for Wednesday.
Market ran the oil stocks past few weeks now it is time for the solars to lead the market up!
Yes, $70 a month for gold(chat) is a fair price if you can catch a solid runner once a week/month. Many good traders in the chat who find some of the best moves in the market.
I got the 119 WC at .15c sold half at .30c then the rest at $1 avg.
OM chat is the best! I got in pretty late with the 119s and got out super early and still ended up clearing 1.5k What a move!
Every time I see the fear rhetoric start to heat up on dips or at new highs I watch this video or similar videos from 2008 and recall how the current sentiment/behavior is nowhere near doomsday territory.
Anyone like INTC leaps? INTC looks ready to breakout on the monthly chart, 2016 $30 call is $1.55
Looks ready for a breakout
Time to reload on SLNX, daily chart and 30 min chart suggests downtrend is ending and new uptrend is starting. Looking for .02c break this time and test of .04c/.05c
very nice run on this, still got 5k lotto shares for .20c with cost average of $10 LOL
This stock is so strong, last average up was 1.40 and been riding free since start of 2014; What a dynamite bounce play.
HUM 122 weekly calls GMCR 110 weekly calls
AAPL to the lead the market higher this week? So strong, 625 test would be great
Show me .05c break and this will sail past .10c
Very nice flipping potential on this stock, if buying returns and goes higher I might re-enter.
this wants .01c buyers in control