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The price action has been disappointing for the past few days for sure. We might get a retest of the 200ma on the daily today, but I will be looking for a bounce and a close of at least 9 to keep the weekly looking bullish. A strong close of .001 on some good volume would put it on top of the 15ema on the weekly, which would be even better.
The daily on the other hand isn't looking as hot although its been on light volume, again we might get a retest of .0007, but I would like to see it get back and close in the channel its been trading in for the past 3 months with an increase in volume. On the bright side, there are a couple of things we can look forward to hearing from the company, including the removal of a caveat emptor, (although I don't think this will be enough to spark and trigger a breakout at .0014), completion of the European transportation hub acquisition, completion of the s-1 form for the new IPO, share buy back, or any other acquisitions to be completed.
Removal of the Caveat Emptor is a positive but small step in the overall picture. What I'm interested in finding out is where the company stands in negotiations to acquire that european transportation hub and when they will receive the new IPO. The company has stated the negotiations are ongoing, which to me is pretty vague so this process might take awhile.
Im not home can someone give me an L2 update? TIA
lol, 6x1 someone will eventually budge
printed
9's on ask
.0008's printed
.0008's up on ask
Looks like someone wanted to get out right before close in a market order and got filled at .0005.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49465673
There are several types of "late" reports:
1. Those with a time stamp within a minute and a half after closing are just normal 90-second delays.
Rule 6620.1: OTC Market Makers shall, within 90 seconds after execution, transmit through ACT last sale reports of transactions in OTC Equity Securities executed during normal market hours.
In this case, the market maker may have conducted a trade within seconds of closing and delayed reporting it until just after the bell. This delay, which is permitted, is frequently misinterpreted as manipulation.
2. Then there are trades later than 90 seconds after closing. These trades fall into two categories and typically involve larger size lots.
a. The first category is sometimes used by financial institutions that are non-market makers to report larger transactions that actually occurred during market hours. However, since these institutions do not have access to ACT (Automated Confirmation Transaction Service), they use "Form T" to report.
MMs are prohibited from habitual "Off Market” transactions:
A pattern or practice of late reporting without exceptional circumstances may be considered conduct inconsistent with high standards of commercial honor and just and equitable principles of trade, in violation of Rule 2110.
did you sell this turd yet?
very quickly
7's up on bid
bid getting whacked, one left at 8
hopefully, but not the way its going so far. Lets hope 8's hold while we get rid of sellers.
.0012 to .0008, bad ending. Hopefully we get some buys EOD and close above the 50ma
wow, .0008?
Was hoping for a .20 close but doesnt look like that'll happen
thats what he was trying to say lol. He was saying chinese isn't a language, thats like saying Mexicans speak mexican when they speak spanish
Especially ones with happy endings
ahh, i c, my bad
lol you think it'll hit trip 0's and you're not selling?
would be nice to get some strong buys above .22 as well
Looking for a trading range from .20 to the low mid .20's for a couple of days before we try to break .25
dont really want a close at .19 here, anything .20 and above would be good.
bid side looking better
as long as we close at .20 and above ill be happy. I'd like to see some consolidation below .25 for a few days before we make a big run
BFAR: was 4.00 couple months ago, now .19
especially if we get a close above .20 or better yet the 15ema at .257
someone needs to take the first bite out of the ask
BFAR was 4.00 couple months ago, now .18. close above .20 then .50
how do you know the deadline is this friday?
SKNY looking good, broke .055 and .06 resistance today
IHSN commercials should launch soon, expecting PR soon
https://www.crosstoner.com/cart/
IHSN, product with forbes riley to be launched, dd links: PR any day
http://www.facebook.com/forbesriley?sk=wall
https://www.crosstoner.com/cart/
time for the next leg
CGAQ running hard, government news expected