Feeding village children in Mindanao Philippines and watching my boy and girl grow up.
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If a dividend is declared, shorts are liable for the dividend. Short away.
As long as the Accumulation continues I will maintain my positive technical stance despite the downtrend. In my 52 years on WallStreet I have seen only a handfull of stocks selling at 1/10th book value in conjunction with positive earnings. I have invested way more then I ordinarily would in one position. They earned 8 cents per share. That means that it is selling at a PE of 4. It is ridiculously cheap. Unless this is another Enron with cooked books this is an incredibly undervalued stock.
Yes, 200k moves the pps 20 cents.up or down. I see that as a plus. Low floaters are mana from heaven.
Today's selloff could have been for any number of reasons, including one person having to come up with $100k. Fundamentally I can't envision how you can call a company with a book value of $3.04 and earnings of 8 cents a share a POS. Technically it is in a downtrend, I agree. But there is a divergence between the Acc/Dis and OnBalVol charts versus the pps chart. This type of divergence is what can set up a reversal.
https://stockcharts.com/h-sc/ui?s=HNRC&p=D&yr=1&mn=3&dy=10&id=p02862236648&a=1154494093&listNum=1
Nice break of 50 day sma and downtrend line on volume.
"CYDY | SharpChart | StockCharts.com" https://stockcharts.com/h-sc/ui?s=CYDY&p=D&yr=1&mn=3&dy=10&id=p02862236648&a=1150889035&listNum=1
MACD, PPO and PMO turned up today. The pps rallied to the downtrend line. Interesting day.
In trsponse to your PM my Twitter handle is Friar Tuck
@tomyarborough
I followed you on Twitter.
Thnx.
Where did you see this? They should have mentioned in PR. They mentioned $10. 12. and $20.
A correction to my last post:
We do not know what the NEXT oil company they will get involved in. We already know that they are getting involved with Cunningham Energy with LOI and closing (hopefully) by June 30, 2022.
Hi Crawfors.
Just us two here for now.
I have a question(s) for you.
HNRA is acquiring Cunningham Energy closing June 30th, 2022.
Why does the Seeking Alpha author state that he does not have faith in HNRA's ability to line up acquisitions?
HNRC stated that the dividend from HNRA will be .17 if trading above $10.00 and .20 if trading above $12.00 and .33 if trading above $20.00
What if it is trading below $10.00? No dividend? If that is the case, that sure would give incentive for the shorts to whack HNRA as that would then have a negative impact on HNRC pps which we already know shorts have a position in.
Could not disagree more. It's like being a card counter in BlackJack and playing with one deck instead of a shoe with six decks.
The Accumulation/Distribution chart on $HNRC is what drew me to this stock. It is the most amazing display of accumulation that I have seen in a stock in a downtrend. Usually you can get a stock with an On Balance Volume chart going up but the Accumulation/Distribution chart going down or vice versa because the formula for the two are different despite the two formulas looking for the same outcome....stock accumulation or distribution. On Balance Volume is a simple simple formula. Add the up volume, subtract the down volume. Joe Granville invented the formula in the 1960's and my aunt swore by it. She made a fortune using it. He moved the market by $25 billion dollars on April 22, 1980 and January 6, 1981 but his ego got the best of him later on. Anyway I digress.
Accumulation/Distribution was invented by Marc Chalkin who is still alive. The two major indicators associated with the ADL are the Chaikin Oscillator and the Chaikin Money Flow indicators, both of which have been heavily used on Wall Street since their inceptions. Two of his philosophies are "I have always believed that earnings drive stock prices" and "I have a theory on Wall Street: bad things happen to companies that are over-valued, good things happen to companies that are fairly valued or cheap".
Having said all of this, (whew) I will finish my dissertation by saying that both Acc/Dis AND OnBalVol charts are beautiful AND the fundamentals are beautiful
https://stockcharts.com/h-sc/ui?s=HNRC&p=D&yr=1&mn=3&dy=10&id=p76139773845&a=1139669197&listNum=1
Whales are buying the HNRC. The HNRA just started trading on Thursday and we don't know 1) what oil company they will get involved with 2) whether the shorts will try to whack HNRA so that 3) if it is trading under $10 at dividend time will there be a dividend?
Currently the pps is backtesting the downtrend line and uptrend line on low volume.
https://www.amazon.com/Understanding-Options-Technical-Analysis-Strategies/dp/1403382867
As far as my credentials. I worked on Wall Street for 50 years. Was vice president at UBS when I left. Wrote a book on technical analysis https://www.amazon.com/Understanding-Options-Technical-Analysis-Strategies/dp/1403382867
I am older than dirt and seen a lot (of dirt).
Thx for PM I followed u.
I am a chart guy. That is what has made me money and saved me from losing money over the decades. I appreciate your enthusiasm and I have seen it many many many times. I try to keep my heart and my wallet separated. I fell in love with CYDY and was in it for five years. Love the product still but when it comes to fighting with/dealing with the FDA, it's a crap shoot.
I got out of CYDY long ago except for 5k shares for my kids that I will never sell. That decision saved me tens of thousands of dollars that I was able to put into other stocks that made me money.
That said, I am buying a $hit load of tomdf stock here over the next few days ONLY for a counter trend rally (which is dangerous) I posted the chart indicating the times that the RSI has gotten to 30 and it was in the "Buy" zone. But once this rallies 400% from the bottom I will just own free shares and wait for the chart to tell me things have changed.
There has been dilution occurring which is indicated by the horrible looking Acc/Dis chart and On Balance Volume charts. It has been that way for years. The good news is that they have authorized shares of 5 billion but they have a little less than 1 billion outstanding which means that although they will continue to dilute, there is little chance of them needing to reverse split in the near future to raise funds.
Here is the chart showing the Acc/Dis chart and the OnBalVol chart.
https://stockcharts.com/h-sc/ui?s=TOMDF&p=D&yr=5&mn=3&dy=10&id=p20845764631&a=1142808370&listNum=1
I prefer swing party :) But I will watch until it's a good entry point, then swing.
Beginning here and lower is a good time to position up to own free shares down the road.
Thanks for pointing out TOMDF to me yesterday on the phone. I had sold awhile back when the chart broke down, held 300k. Today I bought 1.2 million shares because the stock has a tendency to get beaten down followed by a strong rally. The RSI is now at 30 so I will be buying from here (.0135) down to .011 which was the low a few years ago. This is a quick double from here and possible 400% or more for flippers.
I annotated a chart (which I texted you earlier) showing when the RSI has gotten below 30 and the resulting rallies.
https://stockcharts.com/h-sc/ui?s=TOMDF&p=W&yr=5&mn=3&dy=10&id=p61146670832&a=1141855644&listNum=1
Don't get me wrong. The accumulation/distribution chart and On Balance Volume chart look oooooooogly but risk reward ratio here is good for 400% rally.
One important element in a dead cat bounce is lack of volume. Have you noticed sell offs are on miniscule volume? Rallies are on strong volume as noted by strong Advance/decline and On Balance Volume charts.
It sounds like you may have sold too early. It happens.
https://stockcharts.com/h-sc/ui?s=HNRC&p=D&yr=1&mn=3&dy=10&id=p76139773845&a=1139669197&listNum=1
In 2011 $AGQ hit $800 a share when silver traded at $50. Dome are calling for $50 silver soon.
https://stockcharts.com/h-sc/ui?s=AGQ&p=D&yr=14&mn=3&dy=10&id=p64980884946&a=1139159570&listNum=1
Sorry, no voices. Only the ones in my head.
I will let the chart be my guide, as it always has been.
Right now we broke the long term trendline retracement near .40 (top red line) and came back to test the 2020 low at .26 only to break that and go to .24.
The next support below .24 is the bottom downtrend line which is near .18 and below that the blue line which shows 2008 support at .12.
The uglies portion of this is the Accumulation/Distribution and On Balance Volume charts which obviously will look like this when there is dilution.
It will take an accommodative FDA, spectacular NASH or TNB news or a buy out but in the interim I will stick with a few thousand shares for my kids and when the chart shows a change in direction I will add more and catch the wind.
https://stockcharts.com/h-sc/ui?s=CYDY&p=D&yr=20&mn=3&dy=10&id=p14867606377&a=1138175999&listNum=1
I do not have a problem with the chart with SRMX. Both are attractive Acc/Dis charts. And SRMX has back tested the trend line and held. My problem is fundamentally. SRMX can't compete with HNRC fundamentally. HNRC has book value of $3.40 and projecting $20 mill in revenues for 2022. They are going to pay a dividend of .17 perhaps more soon. That is a yield of 37% to anyone buying here. It's apples and oranges imo.
https://stockcharts.com/h-sc/ui?s=HNRC&p=D&yr=2&mn=3&dy=10&id=p06624769927&a=1137982605&listNum=1
https://stockcharts.com/h-sc/ui?s=SRMX&p=D&yr=20&mn=3&dy=10&id=p06238099765&a=1137982421&listNum=1
I agree that it would be challenging with this low floater.
I agree with you 10,000%. I was just throwing that out there. If someone had 200k shares or more they could "play" with 50k to make 10% a day. Well, not every day for sure as it is hard to buy and sell 100k of this stock.
I only have 108k but if I had 200k I would probably play with 20k
Well, in reality they need to keep the lights on. For that they need to sell stock. To do that they need a firm pps. To do that......well, ....
Yep
It would have been nice for .26 to hold on that gap down. It is still same ol' same ol' The 50 day sma is resistance at .48 and .24 support.
I bought when it tested the atl .26 the other day. I was going to hold for a test of the 50 day sma in the 40's but when we made a new low I decided to cut it loose at .34. I still own 5k in my kids accounts which I will hold forever.
Yes, the chart is ooooogly. acc/dis looks like Niagra Falls
I am out except for 5k in my kids college fund account. I have already advised them that community college may be in the cards for them.
10% spread, albeit low volume because low float. But if someone had 200k shares, why not flip 50k when you can for 10% ?
Accumulation/Distribution chart on HNRC is much more attractive. Fundamentally HNRC also more attractive with book value of $3.40 and a dividend yield of 35% at this level and possibly more.
I missed an opportunity today because I did not have my bids in place. Somebody sold 100 shares st .40. With? I won't miss that opportunity again.
Dipped my toe at .27 anticipating a test of atl .26. It broke but with RSI at 30 I expect a bounce to the 40's.
Bid .39. Not nearly as bad as I anticipated.
Grip, I have been 95% out for awhile but only because of the chart. I believe in Leronlimab because I know it saved Misius son's life. There is still TNBC and NASH. I may take a stab at .26 ATL tomorrow for some but need the chart to turn b4 going heavy.
I care more about the future of the drug more then the company.
It is unlimited. :(
I was just told this is possible with foreign companies.
It is unlimited.
Thanks. I am searching for it. I just want to know how close we are to authorized max.
Do you know what the authorized shares are? I know there are 400 mill outstanding but I am just curious what authorized are. Or if anyone here knows.
Who was upset because they didn't?
I asked if anyone had a link to insider ownership which you provided. Thank you.
It is always good when insiders BUY stock. Unfortunately too many insiders are simply awarded options which they convert and sell. Not a fan but understand it's relevance