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thanks for sharing. hopefully when he says later this week he means it and those are not news words for soon. though the timing for early feb works here. since we are just about as low as can go seems a decent chance news brings us up instead of down. i still think they want it higher before selling those new shares, maybe he will touch on this? either way hopefully this news is a teaser to more news coming that will be promoted
as you say, we will see. just hearing something in the timeframe he gives is a good first step with the new guy. yes it has been quite a while since we have heard from him but this is the first 'deadline' he has given even if unofficially in an email. big strike against for adding shares, then again if he claims he has no plans to move them from simply as to the os then that could be a plus, or at least even.
might not get him any points yet but could get him on base.
accretive, nice :) once this all settles down i really want to try and get a civil line of communication going with prior and have him define that word for me... not now of course as that would just be a line but maybe when this is all behind everyone and we can laugh about...
seriously though hopefully lindsay has something good like that up his sleeve. maybe these shares were added now to be used at a later date during a promo like the last time they did this in november 2009 for the feb 2010 pump. took 2-1/2 months or so for everything to die down and excitement to build, that should be long enough for him to get some decent background on this gold thing no?
then again its almost a month now and my patience is wearing thin... need to see something that will make me think this will move the right way soon. but along those lines that would put us near the beginning of april which is well after my february goal.
move fast mr lindsay, move fast
uneasy? lets say it was dilution, we see on the sos they upped the as to 3.5b so it could be, isnt it nice to see the spread go up instead of down if it is? hey maybe lindsay succeeded where prior could not and found some to invest at market value on the down low before starting off the pr machine. bad thing is at say 10m a day we need 100 days to get through them, then again they may only be buying a couple hundred million then the rest will be sold into the pump. so the more they dilute now with pps staying flat or even getting an 'uptick' as the ask was falsely moved down with 150k shares is a nice way to do it no? better than them slamming the bid. also it shows buying interest.
still giving this to feb and lindsay a solid month to give us something.
so then why post that :)
as to the other points when you are at 2/3/4 it does not hurt much as it can not go much lower. if they did it is a 10 day suspension, though possibly more if pink sheets or brokers do not reinstate the stock. however many have recovered quite nicely after such a thing happens, others not so much. but again if they find reason it makes a law suit easier.
also they will not suspend on a complaint, they need to look into it first. we are past the false and misleading stage and not much of an inflated price so not much fire to halt trading.
then again it would also stop them from diluting new shares and keep them from doing an r/s if one was planned, though doubt that is the plan after adding new shares otherwise do it first then add shares...
either way if people want to file a complaint please do so. if you want to tell us you did and what you filed so others can see, great. but i agree, all the talk about this without action should stop. either do it and post it, or leave it alone.
personally at this level the loss is about the same if they halt or i sell so if that fire is added for a law suit just means more/easier recovery. but i agree, doubt they halt it. without a team of lawyers to go digging the company has been careful enough on the surface to keep the sec at bay for a time, imo
first there is no harm to a sec investigation, in fact no one would even know one is ongoing. when the sec concludes an investigation is when something may happen. if found innocent well that may even bolster stock price, if found guilty that kind of makes any potential class action suit a lock meaning some if not all losses can be recouped that way. there is no harm in filing a complaint if any see fit to do so. it would not hurt the one filing or any shareholders unless they decide to opt out of any future law suit and take their chances but those are personal decisions.
even if there is a conviction and law suit, until all information is uncovered, there may still be 1 or so real aspects to this business. meaning someone new, as in not already in the company, may step in to take over after wards. so yet again it may not be a total waste. i do not think this likely but just saying, if anyone would like to file a complaint there should be no hard feelings or reasons to not file.
and yes it is easy to find the link and easy to file a complaint. and nothing says you need to sell before or after filing.
the only thing that may 'hurt' is all this talk of filing. if anyone wants to do so, please do. if you care to share after doing so and want to outline what you filed so others can see how and what was said for similar stories to be used thats fine too. but right now it sounds like owvi prs, a lot of talk and no action.
i have not filed a complaint yet but my february deadline for mr lindsay to get moving is fast approaching and so far he is off to a retched start with the increase in a/s. clock is ticking
took them long enough to get the news out, would be flying right now if it came out a few days ago when this was 1.90+
for now a break of 1.90 to end the day will signal major breakout. psar already flipped. pinch is starting. fighting a fan line here at 1.90 and once that breaks it will be full on. should easily hit 2.10/15 if not up to 2.50 on this run. off chance the fan line does not break until thursday morning though, doubt it takes that long as news should be full on pushing this by tomorrow. today should be last cheap load day, wish i tacked on even more this morning when it started to signal reverse again.
wow very active board. i see the filing was not as everyone hoped and pps was a bit of a let down, also means some of my readings were off so if anyone does not feel like reading on i understand. but i also see the promotion has not happened yet, no shares were dumped on the filing, and some readings were on or just slightly off and there is clear path here.
either way here is an update:
in my opinion we saw a sell off due to numbers not being as good as hoped for, many momentum players selling into news with most probably not even reading it, flippers taking a decent profit, and maybe even some longer term holders seeing a break even but that ties into the first. this was not a breakdown, maybe a set back but only slight, and kind of called when i mentioned the daily was overbought. in fact if it had not run to where it did pre-filing, and i admit here i did not factor that in to the reading so my bad, i would have said this would stop at .015 then fall back to .012 but it just seemed to truck on and if it hit the right number a promo would kick in.
anyway the monthly chart and weekly chart still say up. the most upsetting thing is the weekly support of .0122 did not hold. but often times pps will fall under support especially on low volume for some shakes. i expect it quickly regains as early as next week, if not the week after. in fact a new timezone begins around the 4th which is closer to when a true reversal should start. this is not always exact and can be off a good week either way.
the daily is resetting. it has a few more days which is why the weekly may not regain next week especially as it will be just about .013 by friday/monday and around .0134 by the 4th and i fully expect it to be back over that by then as the daily should be headed up before then.
we had an inverted hammer friday for the close. that is good as it signals a bottom. but it may consolidate sub .012 or the weekly line a bit but .0105 is a very strong support level. the sto is just about oversold and sitting right over its support line another sign this is a bottom. time series is .0142 and falling so look for that to get under pps before a turn
right now weekly resistance is .013 and monthly is .012. since both charts are showing up those will be broken. daily is .013 as well meaning that one may take more time to break with another around .0143
the hourly is headed up with support around .0113 and resistance around .0129. not sure if it will break but should be hit on this cycle as the daily is not ready yet. however it may establish .012 as support again. daily support is only .0197 or so though meaning it may not be time yet for that. it will not be at .012 until the 31st, which is a day after it crosses the monthly and weekly resistance. by the 18th the daily and weekly support cross the final monthly resistance and big fib resistance leaving only a final fan line in the way. this should be pretty decent time to be near a golden cross as well.
basically this was a set back, one i am upset i did not see due to the normal reaction to news/filings. though if the numbers were better it may not have happen, then again this is an otc and the numbers were good which is rare in itself and why pps has help after the sell off. but that is a different analysis which i will leave to others.
the daily said it was overbought, pps became over-extended. news hit and a sell happened. i am surprised weekly support did not hold but expect it back over it very soon so any sub .012 prices seem to be a gift. big resistance remains at .04, anything until then is timing and games with a possible slowdown around .028 but either way a move from here to there is over a double. long term charts say up, short term charts showing close to a bottom with key reversal approaching by the 4th or in about 2 weeks at best when .0145 should be very solid support.
if i were running the promo i would start it either right before or right after the 4th when pps is nearing or over .016 to blow through the final fan and easily hit .028, then kick their plans into high gear.
good luck to those who held, great entry here to those who didnt
and no i did not grab .014s as i mentioned at one point as by the time they appeared on the ask the chart was showing a break of support so i figured low .012s would be in play. glad i waited, now i can get even more sub .012s, this is a great time to be bid buying. could have a full week of it with minor bumps before it will take hitting the ask to get fills the week after.
check a daily chart and look at monday 12/22 compared to friday 1/21 to get a feel for timing/direction.
there is always something left if it does come to that. especially if funds were co-mingled. even if not the corporate veil is not always so thick with these things so personal assets and future earnings are in play.
not sure how much shareholders actually benefit from these things financially though, lawyers eat up a lot of any winnings, but at least comfort can be taken on the punitive side.
that is why i hope it does not come to a lawsuit, yes those guilty are punished but shareholders may recoup little. better for them to get their act together asap so shareholders can recoup more and they do not get punished.
seems win win to me but then again what do i know. perhaps punish first, try to recoup later right?
lets see if they show us anything next week.
personally i am giving them until next week, possibly the end of the month as i had targeted a feb promo before this management change.
as for the sec, just do a google search for file sec complaint. the form is pretty easy to find even from the sec homepage. just remember they may not respond and if they do will say little. but the more that file the more serious they take it. either way we will not know there is an investigation until a decision is reached and there only if they decide against the company.
and to alamo, that question assumes the ta will even give the o/s. last i checked they still only give the a/s. hopefully it is not in the o/s yet but if they ta does give such information that is a victory in and of itself, albeit a small one
looking for an entry again. could be doom and gloom but i still like the long term chart and short term can turn at any minute. there was strong insider buying and well games like this are often played when news is delayed and someone thinks its about to hit. many times stocks get a shake or dip before a pop.
was really hoping low 1.80s would hold for weekly support but sometimes support lines are either off or pps goes under a bit before snapping back over.
hourly is ready to turn and has been trying. daily is resetting and some indicators are ready now.
not saying its go time but dont think its over here either. next move should bust through that 1.90 resistance which formed and most likely go past the 2.20 as well especially if news hits. expect consolidation between 2.60 and 2.20 though if this does play out with longer term over 3.00 very possible.
i do not believe there is any way to know if the sec has been alerted. it is their practice to not divulge any complaints or especially any investigations as they claim it can adversely affect the integrity of said investigation.
that said any one can file a claim at any time regardless if they are a current, past, or never were a shareholder. what your complaint is and any supporting evidence dictates their choice to look into the matter. the more complaints they get, especially about the same thing, the more likely they are to look into it, so long as some merit is there. the squeaky wheel gets the grease and all.
as for a lawsuit that everyone would be made aware of by the law firm if it happens. it is in a law firm's best interest to have as many people as possible take part as it increases their likely hood of success and the potential gain. as they are paid based on damages collected, they want the most people involved as possible. not sure how much money shareholders normally see if cases are won, but punitive damages are definitely assessed.
that said the new ceo can be granted a bit of time to 'set things right' as we do not yet know how involved he was before this change or what direction he will take with the company. but i find my patience for the new guy is not nearly as high as it was for the old. i know that is not fair and no indication of my feelings to lindsay in any way, but i am sure everyone can understand why.
if the gold play is a pump, fine show us some green. personally not that concerned. if they strike gold, great, if they do not even know if there is gold in mexico, whatever. so long as the pump works. though things like that also just add fodder to the above no? so maybe i will buy a few token shares based on the last pr promises :)
most importantly he can quickly correct mistakes of the past like updated filings, make the filings public, real financials, open ta, etc. most are very easy and quick to do. we will see.
yes: pump, then news, then down. we have had news lately but no pump since last feb or so. its time again. no news, pump. when news hits yes it may be too late.
they claim they are still in the wiring service, just not the retail side... and dont forget social business blah blah, sure that will fly.
reason: they just added shares they will look to sell at a higher pps on a pump. wait for the pump. can the 80% turn into 95%? sure, but it could also turn into 50% or less depending how well they orchestrate this.
lindsay wants money too, and selling 1b at this range will barely net 100k (figure at least half goes to fees and taxes). i have to imagine they want to raise at least 500k if not 1m after fees but we will see.
either way there is your reason, this will most likely be pumped soon.
it has and the hourly is bottoming but i think this may just be a pause. the daily is still headed down as is the weekly. will look for a bottom but can not image it goes too low. offerings do this, however they also present a nice opportunity for cheap shares after the over-reaction.
no one funds if they do not see pps going up. pps always goes back to and above the offer price.
working on that. though no worries on his travel, he apparently now lives in china....
on one hand maybe it is a slow phase out or place to stuff him, on the other what if what he does suddenly becomes profitable?
either way digging as much as i can but prioritizing. anyone know china's extradition policy?
yep but this happened at the last finance too. it may actually be finding a bottom soon. looking like around 1.50 or so, will keep an eye on it. another play will form here. they will do well going forward, though that does make this a curious time to finance unless the money is needed asap but that is not all bad either. and again pps should easily come back to the offering level once it bottoms.
that could be, but we need something in writing. there was a designation filed back in december so who knows how many shares or whose were transferred then.
prior claims his shares are restricted but no notion as to when/terms and again nothing in writing.
but either way restricted or not those who own them or look to sell them will want to do it at a higher pps.
well yes agreed but normally one does not do a reverse split until after the newly authorized shares have been dumped on the market... would be pretty silly to dilute yourself no? so the hope is they want to dump at a higher price and during the time it takes to sell off the 1b shares we all can see a bit more green. and who knows, maybe they will have something going to move pps even higher to add a few more shares later on before considering a r/s, i mean 3.5b isnt that high in pink land. get over 5b and thats high.
so if they start dumping now with pps this low well then yes i think r/s is imminent. if they pump first it may not be, depends where pps ends up. but bottom line i think they want to dump the new shares for a bigger gain before even thinking about an r/s. silly to do one now. if they had not added shares that may be different again but they did and now it would hurt them too.
sounds to me like what pinks do every day, and people buy them everyday.
why? simple, to make money. just about every pr put out by just about every pink is a farce and just about every buyer knows it. but pps runs just the same. and yes they all dump into it but that is all part of the game.
this is a low. they will want to generate money meaning they want pps up. so it will be pumped. and when its time people will buy hoping to ride said pump and get out before said dump.
but then again there is always the chance a pr sticks. and that again is why people buy. any given sunday and all.
also the way people phrase things affects how others take them. many times people believe the same thing and even say the same thing yet they argue. and bystanders choose sides, juries make verdicts, etc on tone and presentation. its more than spelling, it is delivery. and nothing will change the past, no one will forget posts, and no one will listen no matter what they feel.
maybe they are restricted. maybe they are there as compensation. though if i were prior i would not want shares as compensation... and if they are to compensate that means to sell.
or maybe they are there just in case, i mean they do plan to make future acquisitions. maybe 2.5 is just lindsay's unlucky number?
as for gold yes it can be exciting and hope it is. much better to have the a/s where they want it before promoting. will it give us a run? will they give us some rum? will the rum run?
flap, flap keep on trying, some day soon we wont fall down
and i believe it is ron@1worldventures.net though if anyone has a better go for it. do not expect any real answers though.
hey maybe mr. a orta will be doing the mining!
stranger things have happened. still see a bounce play here. remember, wiki called the prior fall and now he calls an owvi rise. i am going to go out on a limb and say he will be right again and then we will see a subsequent fall.
and i guess it is ok as prior is the one who said he had no plans of increasing the a/s and now this was done by lindsay? though i still see nothing on the site about a change in management unless that is the mysterious designation back in december yet lindsay told people this was just thrust on him?
i guess the good part is those looking to bail have done so and those in probably will not kill pps over this so there is a chance for a move so they can sell into it.
i mean after fees etc shares at this level net what 200k if lucky? how many gold mines does that buy?
or this could support the theory of a coming promo campaign, this does answer where the shares to raise money will come from. maybe we will find out how many if any or restricted and when the authorized will hit the o/s. hopefully they wait until pps is higher and not slam them now.
so at daily average of 2 or 3 mil shares it will take what 18 months to eat through these if not for a promo of some kind? in which case my estimate of 200k being raised is way over inflated as that was based on .0004 and they surely will not get that much over that time period.
though i do agree, this supports the idea there will not be a r/s in the near future. why add shares then cut them? you cut then add, so that theory should go away. and also makes me think we will see a promo soon due to the numbers presented above. i mean really at .0002 that 1b shares = 200k without fees etc and after nets less than a years salary for just 1 of them. no i have to imagine they are holding out for .001 or better, just now not too sure how much better this will see other than a pop.
or... they could strike gold in mexico, why not? such is the beauty of a pink right? :)
sounds like he needs a cc with prior first before he can even fill us in... also see no forms filed on nevada sos to make this change official. would think that needs to happen first no?
still waiting and still think this will move soon, i am sure there is some master plan as prior would have divested himself entirely otherwise. also would think lindsay would have walked away otherwise as well. kind of interesting if no money were involved
if you do not mind me asking, or answering out here, has the offer for ir been made again? is the line of communication open for that matter?
not sure its buying time here yet. daily is still falling. hourly seems to indicate some support has been found but it is tentative and mainly riding down the lower end of the weekly channel.
speaking of even when the daily shows bounce that may be all it is as the weekly and monthly are in decline. support/consolidation may be found and as always news changes all but not looking like a big move like last time.
daily is getting close though. may bottom near the end of the week, but again bottom is relative with a falling weekly and daily. that 1.35 level will be key. if it holds could make a little bounce or at least show consolidation. if not a nice play may form after it slips under with a bounce back to that resistance.
i have to think one of those are likely. the weekly is not far from bottoming either but the monthly has time. monthly support is around 1.10 atm and i think it will be tested before long. question is does it happen before or after 1.35 and if before will it be strong enough to push back over 1.35
this rate of fall can not continue though, again news aside, so look for it to catch soon, give a little bounce, and consolidate near 1.35 as it decides if the monthly support will hold or not. could know as early as march, next key time frame is over the summer.
pps is under lower bb (1.78 though so at least a small correction should be at hand. key levels are 1.65, 1.75, 1.85, 2.00, and 2.15 with some channels at 1.50, 1.60, 1.80, and 1.90
my guess on timing is next monday with a max move of around 1.50 to 1.80 or so. but thats just a guess atm, too far away to tell
very true, this most likely set up lindsay as ceo as well. question is, will we see th terms?
as for money owed him i remember something like that though did not pay much attention either as well its not that meaningful. but even if we do not know if drew a 'salary' and 100k or even 150k is not much to pay a ceo... that barely doable household income in many parts of the country.
weekly chart ended with a very nice candle. strong finish to a good week. daily chart is still flying as well. slowed a bit near the end up we needed an hourly reset. every time it went down though pps caught on that support confirming the channel, the fib at .015 helped as well. in a way too bad, i wanted more .014s but did not think it would happen.
daily still showing some overbought signs yet many still show plenty of room to run. add in the long term charts even if the daily does need to reset it should only be a consolidation and re-establish a support. just depends how high it goes as to which it will use. right now .015 is secure.
the hourly took slightly longer than i thought to bottom. it just started to signal reversal end of day today. which means tuesday should be an up day extending this run.
based on the daily there is a slight chance it consolidates over .019 before flipping weekly psar. but that depends on news. just a little fuel on this fire and getting through the .02s will be a quick trip imo. and if it gets over .022 or so on its own before news hits i think it blows through the .03s as well and possibly far into the .04s before slowing.
oh and for those who like to support buy... support is around .0155 now. it dipped under for a shake end of day but doubt many get that lucky going forward. now under .0166 is a good buy and soon under .019 will be once .0168/9 is established as support
have a good weekend all
hey look at that, board marks have gone up since the ceo change. hope pps starts to move up with it.
back to 4 now too, goal is 6 to get things started imo
hehe, i am pretty sure he has had his hand in a few other things too but do not recall off the top of my head. though i wonder now if this also makes him the acting cfo or if he will be hiring one. now that this change has taken place i hope two things:
1. any shares prior gets to keep are restricted, very restricted
2. they bring on an independent cfo, and by that i mean one that was not part of the initial company and not a 'friend'
hopefully that brings numbers to all, including lindsay first of all as some mentioned he may have been in the dark, and better communication. i mean one of the business is that social business media whatever right which is pretty much communication...
in fact going back to the numbers thing i would hope lindsay was made privy to all numbers before this move and by simply agreeing to it means they are not that bad. but we will see. still means little until 5 is on the bid or lower, if not 6. until then this just simmers and plays games.
well we should know soon if this will catch and turn, or if this was just another failed move.
tough to say. daily still shows up but may be topping and the weekly has not shown a true bottom yet. hourly and 15 charts both are showing oversold though and if they turn this afternoon the daily can be saved into next week which may signal a week turn as well.
not looking great for that atm though... hoping its just a bad friday before an extended weekend and tuesday gives a lift either way.
welcome aboard and thanks for all the info. i have been meaning to update a lot here but have been very distracted. i have been in this one for almost 2 years now, one of the first stocks i purchased, and also like the long term upside. back in the free spending days just the hope this pipeline represents should have close to a $10 pps imo. and from what i did research before buying i think more than 1 have a good shot at being approved.
also agree on your assessment. also depends on other payments they receive this year which again i have not been keeping up on.
personally i would not mind another financing. a lot of money to be made there as i would be happy to buy more, flip a few, and have a bigger long term holding at an even lower average (about 1.40 now)
that could also play into a potential cup pattern if they time it right. either way one day we will see an approval
churn is expected on things like this when it has sat for a while. there is a lot of talk, most sounds good but honestly i do not read much due to this being a penny. but it is a penny so there are long term holders who want the 'next' thing even if they are in it, and those who enter on the bottom and see the daily showing signs of overbought.
so yes it may cool a bit now but so long as new higher supports are established this small starter run serves a purpose. soon instead of citing .012 we will be citing .015 or higher as that strong base. higher highs and higher lows and all that. this is early stage move, as you say nothing as even started yet but pre-buying. even if this slips to .012, if so more like .0125 or so, that is still weekly support and it should bounce sharply from there. that is a higher low than the .011 or so it hit before. more likely .014 holds on this dip if it slips under .015 which i am not convinced it will.
people want in and thought they had more time. hourly is nearing a reset so pressure should abate. just depends now if the daily is allowed to cool for a few days before kicking in again or if the hourly turn up will just push it higher. hard to say. but that weekly chart stands. next week will be better than this week etc. so even if the daily resets and the week starts slow it should end strong and improve.
this move was not a 'pump' it was buying. whenever buying cools games are played to get people to sell. in other words there is no dump, low volume down ticks to find bid support or allow mms to catch up on the days order filling is expected. so yes some flip but those buying big the past few days in the .012 to .015 range will be looking for much higher, i know i am. and these dips will let them add more. churn it. show me some .014 asks and watch them get hit, i missed a few buying days on tuesday/wednesday
where would that dilution come from? they just did a financing. also just had a director purchase many shares on the open market, why do that if diluting?
not saying you are wrong, the chart has slowed, but just wondering if for any reason than trade sizes on lvl2.
also remember we are at a key level at 1.93, could be shorts. yet there has been a lot of covering there recently as well. those signs normally point to up. i believe some type of news has been expected yet has not come. this should of happened by the chart which would of fueled the break. but again why would an insider buy many shares with their own money open market if news was to be bad?
that said i am watching support closely and giving it to tuesday to move else i may cut out for a flat/small gain to move on. still think it has the potential to go 2.50+ and soon though. needs to hold 1.90s today at the least imo, over 1.93 or 1.95 is optimal.
well a lot of that depends on how fast pps jumps which is hard to say so we can really only look at current rate.
the 50 bottomed on the 5th at .01299 and was .01309 1 week later. i doubt it continues to move this slowly but it is a 50ma so not the most reactionary. then again the pps jump was .003 in that time period and we expect it to be a bit more in the next. but on the current path by end of the month it should be about .0135, though i think higher. without doing the equations getting pps over .02 or .03 in that period should bring it closer to .014 imo
the 200 is less reactionary and falling by the same margin pretty much every day: .00012. it is .01674 now so it should be just under .015 by end of the month. however after that it may slow slightly due to the rise but not much.
that said, first of all pps will break the 200 by the end of this week if not today based on the action :), i would think early february so if not within a month from now very close to it sounds about right.
oh and the 13 is crossing the 50 today which is also very nice technically speaking. might cap today at .017, if not expect to reach for .019
wow ok props to wiki on calling this, anything else you know that you can share?
not sure what to make on the gold/silver thing. it is popular now but a change. then again so is the ceo. hope lindsay knows what he is doing and can bring us on a nice ride.
as for shares etc the only thing i wonder on is priors holdings. what are his restrictions? the fact he is still employed and running a part of the business is good imo, so far as not looking to sell his shares, but we will see. if they are selling parts as claimed and generating working capital and positive cash flow, some documentation on this would be nice, then there is still no reason to add shares or r/s. still do not see that. if time goes on and no transactions are made then maybe but the social whatever thing is apparently already under way and cheap, so where is money needed? yes yes their pockets whatever still do not think that is where the money went before.
also still nothing to the chart here worth speaking on. maybe that will change as more news/interest comes out. for now even a move to 4/5 today is whatever. get us over 6 and maybe there is something to talk about.
yes, missed the low 1.70s and settled for 1.80, got all i could. seems to be stalling here for some reason but if 1.92/3 cracks soon that should trigger another move.
its getting late in january now so the warrants should convert to 2.60 soon. would think that is a better target than 2.20 short term now. resistance just under that too but if it breaks, might take more than 1 try to crack through, this is going back to over 3 in time.
my bad, been reading less news lately honestly. could also be that reverse h/s mentioned. numbers make sense.
lets see if this thing makes a cup after reaching 3.20s again. would love to buy in the handle and see it run into the 5s :)
been watching this one for a while and think i am a little late in posting, been a hectic week. i have tried to keep up on reading here and while knowing about promos early can potentially stunt runs this one sounds like a true promotion rather than a pump. but lets see what the charts say.
the daily is approaching overbought but every time it shows retrace/consolidation etc it just goes up. that is buying power. confirms a tight float. there is also plenty of room to move even if it is showing some overbought signs as some indicators say its power time. .015 is a big level on the daily. when that breaks it turns to support so even if it does take a breather before continuing well anything under .015 seems a safe entry. especially when there is a ton of support between .012 and .011 meaning minimal risk even from here.
everyone views a daily chart so other than what i said above lets take a more interesting one. below is a weekly chart. the yellow is a fan line, i think the pink is too if stockcharts allowed me to add another line.
purple are weekly resistances, note they are all broken but that pink one.
blue is support, black lines are fibs.
after .02 there is very little resistance. so yes .03 or so represents a double and may slow this but i do not see that as a tough area. once .02 breaks this takes off imo.
in fact if you go back further on the chart i see a cup forming. the top is either just over .04 or just over .07 with a bottom at .01, which means we can expect this to go to .04+ or .07 on this run, then consolidate for a handle. then it either pops to .07+ or .13+ before deciding where to go. that green line represents the cup side but might be off due to being early in the game.
some of those numbers sound close to estimates and targets being thrown out. never a coincidence when things like that happen or when timing events line up with news.
so break of .015 gives daily power to run for .02. when that breaks should move to at least .04 imo if not .07, do not see .03 being a tough area.
and just like that .015 falls. the hourly is showing down and pps up, that is strength. doubt it goes under .015 again, if getting in do it under .02
gl all
good things finally happening after the last setback. regrettably i never listened to the conference but assume there were good results plus this last news:
http://finance.yahoo.com/news/Curis-Selects-Dual-Pi3-Kinase-bw-560240645.html?x=0&.v=1
i know this fell during the last financing but really no big institutions come in if they do not think the drugs will work. this should really be trading much higher just on the promise. if only 1 of the candidates are approved and sell well then this is a huge bargain.
that said chart is a bit overbought and a partial sell triggered for me a bit early yesterday when i had limited access due to snow meaning i am down to 'free' shares. but when it consolidates i will be looking to add more.
read the last pr and check the last financial statement, it will answer your questions.
shortly the a/s is 2.5b as is the o/s and the ceo stated he is not looking to add more shares.
some portions of the business have not performed as hoped and the company is in the process of trying to sell some. but not all so no the company is not falling apart, though that is opinion and we will not know until events take place. however again this is a pink and said events, no matter how they go, can lead to a nice pps move.
tiso again i am sure you mean no harm but lets be a little considerate here and separate feelings about godaddy and owvi. first we only have alamo's speculation that is the site. if he is right then i am not happy about it for reasons other than 'godaddy' and hope lindsay gets something out of it and remembers the shareholders. i mean last year we did get a nice ride as this time then pps was .002 and ran to almost .005 when prior had his first shot. hopefully lindsay can do the same if this is the case, but again this is all speculation.
second i am sure you had a bad experience with godaddy but that is like saying every email you get from a hotmail or yahoo address is a fraud because you can not check who owns it.
bottom line is we do not know and no matter how it turns out the hope is it is exciting and promoted enough to move pps.
wow amazing... not going to try and say he has done a bang up job, pps is low and well nothing really to show if he has or hasnt. but not being the ceo we thought he was or the person to run the company? i mean its been about a year, less for 1wc. find me the guy who can have a company take off in less than a year with no issues and i will happily sell my owvi and every other investment and hand that guy my money.
yes this is a set back, a big one. not even sure i will want to be a long when we see where the new direction will take this. but it will go in a new direction. from all i have seen he is a ceo who is working, not a scammer. as to how good he will be again 1 year is insufficient to judge especially during a time period where many well established business are failing. hard to be a start up during those times. i still believe he is working for us and pps will move. not saying i think it will go as high as i once did, but well above this.
as for caring? first everyone said he did not care and the evidence was not putting out financials. i am not so self important that i think i had a hand in this but i know i shot off an email thursday (the 6th) night to him requesting they come out. did anyone else? well they came out. again i do not think they were great as in numbers, format, etc. but he did it. pinksheets.com back to limited for anyone who checks these things so we do not only have mentions when its bad. i am sure he will update more when he can. and i highly doubt he ever even mentions r/s, remember the last one was done before he took over the company. he never did one.
i also requested he look into why the ist site is not loading, lets see if he responds there. note, only made that request last night. maybe we will hear about a sale instead. personally i would rather that as it should boost pps nicely.
but we sit at 2 so i am wasting my time as its doom and gloom so long as pps is low. so today sucks, everything owvi does is horrible, and the sky is falling... until its not.
just 1 more thing... he said a good 4 months ago or so now that he would not add anymore shares despite every week people harping that we would see massive dilution and he doesnt care and this is a scam and a money pit blah blah. well no shares have been added. must be a liar that steve prior. so yes he missed his guess on end of 2010 but lets see if we do not hear something on one of the other things he mentioned in the next few weeks...