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How easily a stock breaks through support has no bearing on whether or not it will return to or surpass that level in the future.
Besides if i had a dollar for everyone who made similar remarks the last time this was sub-penny i'd be able to buy up the float.
GLTU
Looking forward to when this breaks back above .008. Once above it will likely break above .01 intraday on the same day.
Extremely undervalued turnaround play. Been a tech. chartist for over 10 years, investing/trading for over 15, I would not be here if there wasn't such extreme potential upside.
Will be back and fighting for .015 before ya know it
Gone until Monday, GLTA.
CIAO
Don't be too concerned.
The company is in a better position than it's ever been by a long shot. Read previous DD posts for more info.
This is a fantastic turn-around play.
Every OTC stock has its own set of concerns.
DRUS has been checking off a lot of the right boxes lately.
GL
Agreed!
Felt the need to comment on that individuals post. One of his 5+ profiles.
Thinks people don't notice the exact same writing style in each post on different profiles.
Yea HUGE selloff.
Was crazy, like nothing i've ever seen before
What are all the bears so worried about today? With all this posting
I'm sitting tight looking to add more today. Very bullish going forward
All these fake news posts are hilarious...
Get out the tinfoil hats
Yes it does.
Shorts can buy back by sitting on the bid and will get filled so long as someone is willing to sell at the bid
Yes it does.
Shorts can buy back by sitting on the bid and will get filled so long as someone is willing to sell at the bid
Its been 6 red days prior to today.
What chart are you looking at?
You've made this mistake multiple times
Every public company i've ever invested in (maybe minus 1 or 2) give timelines for what to expect going forward. It is part of their fiducuary duty.
So no, you're wrong.
Next
This would be the time to add folks.
Close over .008 and we should see .01 before the weekend
GLTA
Nobody wants to be the person to buy the .008 but once it breaks everyone will be buying...
Wow, that's crazy, must be seriously undervalued and oversold here.
Thanks
Level II doing some adjustments right now.
Keep an eye...
Quite interesting that the sellers now stack the ask as oppose to hit the bid hard @ these levels. Could be very telling if it stays this way.
Although i don't anticipate it, a close above .008 and i think we can see .01 before the weekend.
GLTA
Breaking back above .008 and staying there going to require boatloads of volume. We hit it and almost broke and immediate 2 mil sell ...
Nice!
DRUS will be out of this rut soon
Added quite a few here.
Holding 50% of what i'm willing to hold. No longer a small position.
GLTA
This is called a desperate short, kids.
We didn't sign up for a clown, but somehow we got one
Needs to hold that .008 on the hourly today. Should bounce off this level in the morning, there will be tonnes of volume in this range
Let's have a green day and get right back over .009 and then .01 by Friday.
GLTA
So much care goes into these posts, but the thought process is a bit behind. Not to mention slanted arguments which come across as heavily bearish.
Your question (s) are more geared for 2019. Save your post and come back in 6 months. Wouldn't want you to have to type all that out again (caps, underline, colour and all)...
My thoughts on this!
Should all variables remain the same tomorrow, and we don't receive news (good or bad) watch all the volume @ .80 in the morning.
There is a reason this level wasn't broken this morning and throughout the rest of the day. It is key support, and we should see another test and bounce off it in the morning.
Going to be another heavy volume morning. A green close should get the wheels back in motion here.
GLTA
Major support line @ ~.0079 on the hourly. Needs to bounce off it tomorrow morning. Will turn into major resistance if it breaks below and stays on the hourly.
Looking to stay above or bounce off ~.0079-.0080 in the morning and see some green tomorrow. Assuming all else remains the same.
GLTA
.009's should be back before EOD.
Adding on momentum, watching for break of .009
Looking to add considerably to my small position.
Waiting to see how the rest of the day plays out. Regardless, i do see this back above .01 before EOW so a buy below .008 ideally, if not the low .08's will suffice.
GLTA
8 straight red days? I mean, i don't care much for your post but facts are facts.
There have been 2 green closes in the last 8 trading days
So it needs to close above .01 for one day out of 30 days. It hasn't closed under .01 once yet.
And you're asking for people's thoughts? It's pretty cut and dry
So what your saying is:
The true value of DRUS is its current price: .01054
BUT: If you check the financial statements the true value of Drus is: .0001
...
Which is it?
Hint...
Neither
Seems as though you and the CEO have something in common ..
Adding before EOD. Let's break that SMA
A close over the 20SMA ...
And a reversal could be in store.
Looking good this afternoon. As someone had mentioned earlier, the days have changed to dump in the morning and rise in the afternoon.
Watching closely for continuation
No need to panic ..
You should start being concerned if it falls below yesterdays low.
Let it break the trend of lower highs and lower lows. SHould be looking at this for first and foremost
Price action looking much better than previous days.
Reversal coming ..
Bid/Ask already tightening PM. Chart wants over .05 today.
A close over .05 can really set this in motion going into next week.
GLTA
I have no idea why your telling me about this guys 'success rate." lol
Re-read my comment.
I couldn't care less what he has to say, i follow my own charts
And how about the 10's of thousands of investors who read this board and trade the stock??
They must have no influence on the price...
(Any liquid stock/any stock with sufficient volume) can be chart'd. No need for excuses on why it hasn't broken out of this range. It's right there in front of your eyes if you're willing to look
Regardless of what people think of Clay or whatever nonesense happens behind closed doors, if you can follow simple MA's then you should be able to see, clear as day, where this price needs to be to begin an uptrend.
50SMA and 200SMA. Among many other indicators, those being the most critical.
Close above .012 tomorrow can change this chart COMPLETELY
That's the purpose of an 8k newb.
Indeed, so long as we continue to see volume, the chart wants above .05 today