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Fact is, its not about how the Quilliams pocket money of any of that. Its about the chart and the volumes and the timing of trading.
A lot of longs dislike me on the phone, BTW, because I have always called them to tell them to sell, or to re-buy.
There is a view that says buy and hold, but I did not treat SFMI as that kind of stock.
So, even though it is true that buy and hold longs have not fared as well as my timing-the-trade approach has done, I nonetheless do not sit amongst them. I am pro-SFMI and they are too, but thats the only common ground.
I belong amongst the longs because, unlike you, I like the company. As to how to make money in it, apparently I neither agree with you nor with them.
Time your trades, people. All you friends who I've called so many times and told to sell, I'll do it every time I think its appropriate.
As to the folks who dislike SFMI, I think that being anti-SFMI is the wrong opinion to hold, and I do not think anything they have done has ruined my chances of making big money once again trading this stock by timing the trade.
And also, in that I trade a lot of small precious metal companies, I frankly like the difference I see in the manner in which SFMI set about to exploit its resource.
I think it was a bit of sheer brilliance for them to realize that they could try to exploit the existing above ground rock.
I think it was a sheer bit of entrepreneurial genius for a guy to build the ball mill. To have over paid to get the only land available. To not go to the 43-101 route first off, but to rather, attempt to go this way first.
I think that, compared to other JPM companies, the allegations that SFMI is massively diluting are distortions. I think most other companies, trying just to get rock above ground so they can grind it up, dilute more, sell off the assets of the company more, and have a far smaller chance of emerging successfully.
In fact, I think its not true that the route they chose here is a poor choice comparatively. It is different, but it is not as expensive, in the long run, and depending on the state of affairs this SHM as regards drilling, I think it has a very good chance of actually reaching profitability several years ahead of when other companies would have reached that same point approaching things from the standard route.
Thats my informed opinion, comparing SFMI to other companies who are trying to get to approximately the same point.
Simple difference in opinion.
I want to know what they have done to build the things they said they would build this year. You dismiss the very idea of these things being of importance. That was what you clearly stated in your last post. You dismiss the very idea of these things being important. I could not disagree more.
I think it is essential to know these things.
And its not all cookies and creme with me and SFMI either, LOL.
I absolutely despise the failure to generate income from the contracts they cut to smelt dore bars, and I want to have them fully explain why this happened. But as regards the vault and the expansion of the circuit and all the other things they promised, I want to know where they are and what they have accomplished.
Best of luck to even all of you people who absolutely despise SFMI. Its not like you haven't a foundation of things upon which to base your opinions. That said, I do still want people who care enough to attend the meeting to painstakingly assert yourselves over every grinding little detail from last year that you can remember. And then, once you have learned something important and are in a position to compare what they have delivered on to what they promised, please share.
I look forward to this being a profitable time, once again.
Good luck to each and every one of you.
Imperial Whazoo
So, let me give you a hand, then, by editing the statement you made so that it is a correct representsation of my opinion.
You said
so while it can be argued that all CE Cos are stigmatized....the converse is not necessarily true....many non-CE branded Cos are also questionable.....
since it can be argued that all CE Cos are stigmatized by their association with the CE label....the converse must necessarily be true, that any company not associated with the CE label is obviously not stigmatized by the CE label (what with it not being in the picture, at all)
I care, and everyone I talk to about it cares. It matters what they have accomplisged this year. In your opinion, it does not. In mine, it does.
They said they would do this set of things or that. They can not be criticized for failures on the list of things they said would get done, and then, at the same time, it be held that they do not deserve to be seen favorably for things they said they would do that they did.
I do not think that is fair, and in that I am in this to make money, I also think it is never a good thing to refuse to grant the legitimacy of some accomplishment. If, on the one hand, failures matter, then accomplishments also matter.... if one intend to make money, that is (IMHO, of course). Praise withheld from successes hurts ones ability to make money as much as refusals to criticize failures does, IMHO.`
And as to to the issue of the kinds of things I want to know about being unimportant because they are inexpensive to build (to use your example), I say that its just your opinion. And if things having to do with individual structures or portions of a facility are so unimportant, then lets just tell the MSHA to not bother with inspections of railings and fire suppression equipment and so forth. After all, rthe buildings and the equipment and the operation are just comparatively inexpensive items, LOL.
Logically then, in that builings are so unimporttant, its clearly realistic to put the ball mill in an open field, right? Just plant it out there in a field somewhere because, after all, buildings and pipes and the roofs and the troughs and the plumbing and the wiring... inexpoensive and thus unimportant.
Extrapolating on this, it obviously does not matter that other companies have yet to build a ball mill. Or place a conveyor ajacent to it. Or any of the work to install such things as storage tanks or deisel generators. As such, therefore, it follows that there is no basis of comparative evaluatuion between SFMI, which has a ball mill, and another company, that has yet to build on.
What with it being unimportant and so forth, that is.
I guess it thus follows that there is no differeence between SFMI and other companies, because the massive effort and considerable expense of designing, building, operating, and maintaining a ball mill like the SFMI mill is not important. As such, my interest in seeing what they have done and accounting for it so I can derive a comparative valuation in my mind.... why I suppose its just insensate.
Frankly, I thinkl such a view is absurd, and thats my opinion. And let me also note tyhat my approach to this company, built as it is around such quaint notions as these, has served me well.
I happen to think that building a facility and operating a facility and telling the world that there are jobs at that facility.... well, it matters, regardless of what is asserted as a contrary basis for evaluating the valuation of this operation.
If they tell me they have to build a vault, and they do so, it matters.
If they saythey are expanding a particular circuit of the operation, I say it matters, and I wanbnt to know whether they have done what they said they would do in this regard.
If they have valuable things to guard, and they guard them it matters. After all, if they did not, then I think shareholderrs woulds have a little bit of a legitimate gripe.
I do not even come close to sharing your opinion that things such as this do not matter. In fact, let me be very plain about how, my choosing to NOt focus on the things others apparently think are more important, I have repeatedly made a lot of money.
I made a lot of money handling this thing the way I did. I am of the opinion that visitors to the site ought to report back on what things got done that they were told last year were going to get done.
I think it matters and I disagree 100% with your opinion on it.
So, anyone who attends, please do the work of comparing the things they said they would do last year with the things they got done during the year.
I want to know what they did get done. You don't. I made money holding this view point and I think that anyone who eill adopt it and pursue it, rather than arguing that it does not matter, will make a lot of money too.
Imperial Whazoo
Look, if there is nothing good to be the takeaway of their getting that CE removed, then how can it be bad if CE is associated with a company in the first place? It seems unfair IMHO, to criticize a company if its there but argue about whether it matters very much when it gets removed.
One can not have it both ways, if you ask me. It either means something or it doesn't.
And regarding your reply, you have made it look like I generally approve of everything the company is doing, simply because I want it fairly stated that the removal speaks favorably of the company, in general. Again, if CE being present speaks unfavorably of the company, in general, then to be fair, getting it removed speaks favorably of the company, in general.
And again, I think that my opinion, just stated, in common sense.
My comments were localized around a single event: the removal of the CE label. Amplifying them into a generalized praise of the company is a distortion. I did not take out a big paintbrush of complete approval with which I painted the company.
I think it is fair to generally see a company that has the CE label as unfavorable, so I think it is fair to see a company in a favorable light, generally, when that label gets removed.
I posted originally about the removal of the CE label. I posted that its common sense to see that event in a favorable way, and I stand by that opinion. I think it speaks favorably of the company.
I also think its unfair to unrelentingly criticize the company, even when something good happens. They accomplished a good thing by getting the CE label removed. That is fair to say.
I am of the opinion that it is unfair to have my opinions distorted and amplified and exagerated.
Simple as that.
Imperial Whazoo
People....Look at the site itself when you get up there in Idaho this year.
So, for the attendees, this is what I ask: Look around the site when you get up there and ask yourself whether progress has been made this year or not.
They promised a lot of new buildings and equipment last year.
So...
Is there new equipment installed? Is it being used? Is work going on? Is there a security fence? A guard station? Guards?
Is the vault that was being built completed? Has the mill building had equipment talked about last year installed?
Additions to the mill that were promised.... what of them?
Thats what matters to me. What things they promised have been done?
Personally, I've made a killing in this stock by selling it in a timely fashion twice now, and then repositioning myself to do it again this year.
Listen to me, people: You don't marry the stock. You make money off it. I did it the last two years, and I'm very impressed by the way this is setting up once again.
I could care less whether the company is controversial. What the chart is saying is that folks are in expectation mode. Simple as that.
I can not answer that. I use TD Ameritrade's product called StrategyDesk, which even TDA is not touting. You have to know about it. It is pretty versitile. Their alert systems are pretty configuatable.
Can not say re etrade.
As to what the basic idea I am using is.... I simply want the computer to tell me when a volume event happens rather than having to be looking at a particular stock at the instant I need to be made aware of something "interesting" happening.
And if there is a subscriber service out there that has a real time programable screener that is not TradeIdeas (LOL), I sure would like to be pointed to it because the one in StrategyDesk is not as robust as I'd like.... but then, I'm a database prgrammer by trade, so it just might be that I'm setting the bar a bit high for everyday use wheb I say I'm looking for something robust, LOL.
Good luck to ya...
Imperial Whazoo
EDIT: and let me just add that, in regards to ANTS, I am very comfortable with all the info I've been able to examine about it. Its a nice solution, it appears. I can not tell you how many times, over the years, I've had to go to a client and tell him that moving him to another database that the one he is stuck in is going to be very expensive and complicated.
I set a scanner going that looks at stocks above a base price. It sums the volumefor each of the last five 1 minute bars. The scanner does not work off of a pre-set list of stocks. Iy looks at all stocks. If the volume in any given trade is greater than the volume in the last five minutes for that stock, I get an alert.
That way, I do not have to have a pre-selected list of stocks to watch. I can rely on intercepting any volume event that is large & I can thus quickly step in and do some quick DD to decide if the play is worth doing or not.
Imperial Whazoo
Run a volume scanner for real time events, checking all the small fry stocks for major volume events. Thats how I got in in time to participate.
Imperial Whazoo
Hope not, LOL, because I was into something else EOD & I got into ANTS with my firat set of shares a few minutes before close today. So if it will PLEASE PLEASE PLEASE PLEASE hold off until 15 minutes into the day, I'll be smiling very bigtime.
Imperial Whazoo
Then common sense says that, since it has been removed, USEI is faring well. I mean, if people say it is still bad when it is removed from that terrible status, then I personally have to doubt that what they are telling me is worth listening to.
Seems rather good news, if you ask me.
Imperial Whazoo
I may be impaired, LOL, but what does CE stand for?
Imperial Whazoo
The prompt filing is telling because, in many instances involving pink sheet types of stocks, the filings are poorly handled. Clements is very professional here, it appears.
I did a search pattern on him and read every article I could find that mentioned him and then, I did the same with the companies and the various entities mentioned associated with his mention in the write ups, and everything I found shows him to be a very influential influence in this area of biotech / biomed.
Imperial Whazoo
Hey, here's a novel idea: lets cross that bridge when we get to it. OK? Sound reasonable people?
Between now and whenever, we ought to see actual contracts and sales and so forth. Thats simply the way it is, folks. We proly had this puppy ready to release the info we are waiting on, but intervening events regarding the good of the company itself had to be dealt with.
This stuff happens to everyone. My father had to go do some business a couple of days ago and he lost a little heater-seal.... about a $2.50 item, but his car overheated and, rather than being able to go to his appointment, he had to get a wrecker. Stuff happens that has to be handled and thats all there is going on here.
What impresses me is the expeditiousnes with which current management dealt with this matter.
Well done, IMHO.
And we'll worry about the status of the shares if and when they become tradable, whether as owned shares by his wife or whoever.
Lets cross that bridge when we get to it.
Imperial Whazoo
I bet that, once his ex-wife gets thru with him back in Florida, he will have little or no ownership of all kinds of things such as these shares, LOL. Her lawyers will be wanting every shred of value they can grab with both hands. So, its proly never going to be a material issue, IMO.
Imperial Whazoo
The supplemental filing neuters the fear, IMHO, of this Stanton fellow doing criminal things that damage the prospects of this company.
To wit:
http://www.otcmarkets.com/financialReportViewer?symbol=USEI&id=90205
Containing this statement, and also, as an attachment, the agreement to not sell the shares.
"USEI and John Stanton have entered into a COMMON STOCK LOCK-UP
AGREEMENT which includes all shares held by Mr. Stanton (which is the reason for this filing)… The agreement is entered into on September 7, 2012. All of the shares he owns shall be prohibited from transfer by the Management of USEI and restricted from
transfer for a period of not less than 3 years or until the current investigations are resolved to the Company and Regulatory satisfaction."
In my years doing this (trading), this is a refreshing occurance, LOL; seeing proactive, assertive leadership from the current corporate officers to IMMEDIATELY deal with this kind of issue is a welcome sight, indeed.
I was wondering why the price action had gotten so stagnant. Now I know, but now, also, my concerns are allayed.
Well done.
Go, baby, go. Get the deal done!!!
Imperial Whazoo
Good. Thought I was losing my mind there for a moment, LOL
Maybe I'm dumber than a box of rocks, but ASEI is not ADMD. And I read thru that news you say relates to ADMD and I see no mention of ADMD. Only AESI.
Other than the relationship being one of X-Rays (and thus presumably isatopes), where is the connection?
Imperial Whazoo
Mine too.
Spent over an hour now DDing it, looking for an explanation for the volume. There is the Clements becoming a director thing, and that guy seems to be a magic man as regards creating funding and a plan for marketing a developmental company in this niche.
Still nosing around. Holding the price gains admirably, if you ask me.
Watching & interested now.
Imperial Whazoo
What did I expect to happen late in the day?
Well, what with the presentation happening in the last 20 minutes of the market, I was undecided. I'm pretty used to having news come out after market. Thats standard. But in this case, it came out live, in the last 20 minutes.
Now, it was logical, IMHO, for it to have been expected that this puppy would get SMOKED by people who played it short term.
So I kind of expected it to get smoked by profit takers during the presentation, but even so, I decided to wait. I really just kind of decided to see rather than sell.
To my surprise, I'm very pleased that there was no rush to pull out of this puppy. That is tremendous if you ask me.
I looked at the candle in the last 10 minutes today and its a down candle on 184K vol, but that is versus a couple of 10 minute up candles that traversed .72 up to .755 earlier in the day (11 Am & 11:10 AM candles, to be precise) which both had more volume in them: 218K & 482K, to be precise.
So the way it looks to me is that there was about 3 to 4 times the up volume breaking upside today versus a single pullback candle in the last ten minutes.
Not a rush of players scrambling to exit.
Basically, it looks to me like a stock that is hanging around right below resistance, and there are repeat instances of it attempting to break thru resistance. In cases like that, it generally gets taken out, at some point soon.
We did not see bailing bigtime at day's end today, thats for sure, and its still right at resistance here.
I suspect it will hold here, hanging around, and then BANG..... .77 gets taken out and there is a break topside.
Given that it held this afternoon instead of suffering under a weighty selloff by day-traders says to me that it is guided by uptrending momo which was not broken to the downside 10 minute candle late today.
What I'll watch for, if there is a retrace of any kind tomorrow, is a chart pattern like a hammer at tha bottom of a 10 minute wave. I'll be watching volume for my chance to buy if this thing behaves like I expect it to.
Thats what I think.
Imperial Whazoo
I love the way the share price is poised here, just below the high that serves as resistance. Coiled like a spring. Not at .77, but at .76, waiting to see what is said in the presentation. Healthy anticipation, it looks to me.
Imperial Whazoo
Very interesting. Tell me this.... you are using what # for the outstanding, to arrive at your calculations?
TIA
Imperial Whazoo
I saw that too. Its happened several time, both a few million the day prior to the Ukraine announcement and then, after it fall back in price, I thibk it has had greater than 400K size lots several times today, and I think at least three times yesterday.
Somebody does not hesitate to take more than normal size positions. We must have a suitor, if you ask me. JMHO on that, of course, but it sure looks like somebody is very interested in getting a larger than normal position in a quick way.
Imperial Whazoo
Absolutely obvious. Whatever is going on will certainly be PRed prior to the shareholder's meeting on the 22nd. How soon... whether early in the remaining weeks or at the last minute prior to the meeting remains to be seen.
And a thought: I suggest that shares are not the only thing they have of value. The piles of concentrate.... it could be sold forward... or a portion of it could.
So, the present speculation about the issuances needing to be dilutive are inaccurate. They could be done in that way (tradable shares), or in non-tradable shares, or in the currency of some legitimate asset, such as the concentrate piles. Just saying....
Now, remember this little factoid regarding all the allegedly dilutive shares that the insiders got: the fact is that the shares that have been issued to the insiders are restricted shares (all explained in the SEC filings, folks). And there are no SEC filings showing that anyone is trading in these non-salable restricteds; they are not being converted to tradable shares. They hold the potential for dilution but not in their resent form.
And remember, people, the salaries and past obligations were not paid in tradable shares. Just go back and learn the facts. They all took shares in payment in the form of restrictes and my thought at the time was simple: this is exactly the kind of move people make who have a plan in place to sell the company.
And also, longhorn bill, who rarely weighs in, concurred, and anyone long in th tooth around here knows of that guy's background and credibility as regards matters such as this.
As I pointed out at the time, the people everyone lambasts as being bad actors due to being in the family.... these folks took non-salable shares, and lots of them, for payment of backward looking obligations and forward looking obligations. As such, they are sitting pretty for selling the company (compared to them having taken money or having a debt on the books). Basic idea being that, based on the price at which they got paid in shares (backward looking and forward looking), the price appreciation attained at sellout point is much more sizable, and so forth.
What I'd want if I knew I was to sell would be a lot of restricted shares at a low price for backwards looking and forward looking payments of obligations to me. That way, I get to sell them at the price they appreciate to upon sale of the company.
So, its simply not accurate to assert that the need to raise money necessarily translates into raw, greedy, dilution, lining the pockets of insiders. Just not true. Period.
And the idea that they have only shares as a money raiser is also fatuous. The need to raise money could be done in some non-dilutive fashion using assets such as their piles of concentrate.
And also... for a terrible stock, somebody sure decided to take on a steady stream of shares at ever higher prices, didn't they? LOL
Nice accumulation by entities unknown.
I do not see it declining into the shareholder's meeting, and share issuance is not their only money raising asset, and the buying that happened this week looks like accumulation to me.
Imperial Whazoo
It is sadly a general truth that there is more often than not a sell on news.
What happened IMHO is that somebody with a cash need sold into the news but, barring another seller, its proly over.
Here's what is of premium importance, IMHO:
mid day Wednesday, there was a very big buyer stepping in at around .026. Put up a 5 or 10 minute chart and its obvious. So, somebody obviously "knew something", bought big, and in so doing, made a loud statement of confidence about the intrinsic value of this stock going forward. They bought, it looks to me, in two traunches, in lot sizes of over 1 million shares each time, for well over 3 million shares in a very brief time on Wednesday.
So, I bet the thing climbs back above .026 soon. The buying was at the bottom of the curve today and it held at or about .02, so I watch with baited breath to see if there are any other sellers.
Of note, BTW, is the truism that, there was a seller but there was also a very prominent buyer who was more than willing to step in and take the seller's moderately large sell off of his hands at or about .02.
One question for some of you posters today: am I right in understanding what you posted today to mean that it is credible to expect a follow-up PR confirming the deal in the Ukraine? Or was todays the end of the PR cycle this time, for Ukraine.... for this trip?
Imperial Whazoo
I say: trade APDN & other high volume story stocks, man. Comprehend them by digging into their stories, both good & bad. Then use an intelligent toolset to givern your decision making.
And to get good at doing so, here are two links so people can get to where day trading actually works for them:
http://www.stockfetcher.com
http://www.tfnn.com/
( http://www.tfnn.com/watch.php ) for a live browser TV window.
Stockfetcher costs a monthly fee but you can teach yourself by a simple to learn scripting language that lets you fiddle around with a large set of indicators and put the results of your experiments on screen. I spend a lot of time fiddling around with this at night & on weekends and I have developed a set I use to give my "next day trading lists" a nightly fresher-upper.
TFNN is an on line real time stock market trading commentary site. I'm listening in to Tommy O'Brien right now, getting a live opion picture from a successful group of day traders who talk a lot about Fib numbers and pivot points and volume and so forth. Its part of my every day routine.
The idea that day trading is not possible is not true. Its hard, but it can be done and, in that I'm in the biz, I refuse to yield the playing field to folks who say it is not possiblke.
Peace.
And trade APDN in & out, man.
As the Nike slogan puts it: Just do it!
Imperial Whazoo
Lookit. I despise incorrect portrayals. I am not "seeing the value now", as you incorrectly put it. I saw it all along. Be accurate, please and put it this way: We both get it but we differ in terms of tactics as regards money management. Be accurate, please.
I have not come along to a better grasp or more positive understanding. I'm in 100% and have been since I made up my mind and jumped in a few days ago.
Every story stock out there has this tension on its blogs. There are a majority, who have day jobs or are retired and carefully shepherd their funds. Then there are guys like me who have to find candidate story stocks and trade them to generate cash flow to make enough money to pay our bills.
Trading story stocks is the only way to make enough money off my money to generate cash flow to pay my bills. So I trade for a living.
This does not mean that I am coming to undersatand this, or any other, story stock. I understand. Trade them. Thats the beginning and the end of understanding. Simple as that. Buy and hold is not the way to generate enough money to get out of the slavery of the ordinary.
If they are actually excellent stocks, then you can accumulate shares each time you make a successful trade. And that does not mean that a trader is the enemy of a story stock. Heck, if there were no traders, all story stocks would stagnate. Traders provide the activity of which chart patterns exist. Duh!
So, I get it. I just differ in terms of tactics & methods. As such, I resent what appears to be a rather high handed idea that my view of APDN is coming along and getting there.
You and I can differ in terms of tactics while being fully in agreement as regards the future and present prospects of this stock. That is truthful and it is what is actually the case.
Peace & go APDN.
Imperial Whazoo
Oh I do not need to have you reemphasize the obvious. I get it. I'm just an old hand and I've been down the road too many times to believe that a govt exclusive stays in favor of the first guy all that often. There is just too much power at risk to let it be settled that simply.
I'm in bigtime baby but I refuse to believe in any kind of actual "exclusively exclusive" govt anything until after it has passed and become history.
There is just too much power and money at risk to funnel it into this one little pocket. There has to be something else there and I'm not going to be convinced until all the compleixities have a chance to settle out.
As to value before Jan 1, I doubt .25 is anywhere near the top side. I bet this is a $2.00 stock by Jan 1.
The gain will happen regardless of what else I reference above happening. There is value bigtime here, but I guarantee you there is more to the story than a simple, exclusive contract.
No govt pig ever exists that has only a single sugar tit on it, LOL.
We'll see, though.
Go baby. Go on up.... now would be nice, LOL.
Imperial Whazoo
How sure is the exclusivity aspect of this? I get it that there is only one vendor, this company, but I'm too jaundiced as regards govt & money & power to easily be persuaded that the mandate is totally exclusive and that only this company will be the recipient.
Now I guess I could be wrong, but this is just too much of a birdnest on the ground. Hell, its not a birdnest.... its like the value of the Smithsonian exclusively showing up in this one bank account.
Its too good to be true. Is anyone able to convolute (and I deliberately chose to say it that way because, as far as I can see, convolution is the only way to distort the good in this thing into something bad).... anyway, is there anyone able to fabricate and convolute and twist any aspect of this "MANDATE" into a loophole where we end up with NADA?
I'm just too jaundiced, I guess, LOL.
Imperial Whazoo
I have to say that, in all my years of frequenting this blog spot, I have seldom been on the receiving end of a better reply than you just gave out.
Thanx very much.
That said, we see thru a glass darklystill as regards how soon things will explode (and explode they will, I'd say).
Mr. Miller can not say very much because he is bound up by the rules of the SEC. So its not the least bit evasive for him to refuse to elaborate. As a matter of fact, had he told you, he would have screwed up bigtime.
So I guess we just wait.
Hopefully, when he says little more than a week has been lost, then lets hope thats not actually 3 weeks. Everybody hedges and dodges and dances and tries to put a good light on things. Human nature for those of us with a generally hopeful outlook.
Sounds like there are several players, rather than just 2, in this JV. Am I right in gleening that from what you convey in your post? I see three possible players being dealt cards. I may be wrong. I may be right. We'll see.
Thanx again.
Rare to have an actual reply containing unveiled data, so again, I do appreciate that post of yours.
Best etc....
Imperial Whazoo
Is that info the result of an email from them to you? Or maybe a telecon with someone in the company? If either is the case, what I want is for you to share what was said in a more specifioc way.
TIA.
Imperial Whazoo
Ohh.... and also, when is this delay period going to run its course? How close are we actually? What is happening, in way of a time lime that comes from some source or other?
TIA
You said
and CBIS is up for getting around 2- 5 million for Gov. studies
I was trying to catch up with all you folks who have a better grasp here, and so, I was wondering about your mention of H-res & TAT1. It is not comprehended by me at this time..... what does it refer to?
So, in search of comprehending, could I ask this? Is this article relevant or, if not, could somebody point me to the right resource so I can understant what is being referenced?
http://www.jbc.org/content/272/22/14087.full
TIA
Imperial Whazoo
Hey Armani -
What does this phrase, which you used, maen?
"when they make the switch"
What switch?
TIA
Imperial Whazoo
Yeah, I play the charts only. If you take what the chart give out, you live to trade another day. If you ever forget that chart logic works a bit like a freshly caught fish, just catch a fresh trout and set it in your car for a day too long. It stinks. Trade with that in mind and you survive. Trade like you are an investor and your little stinky pinkies begin to stink. The quality of the story underpinning the story stock does not matter. Hold it too long in any given chart move and your holding is forced to become long term. Like dead fish, they all too quickly get stinky.
I know players are not generally welcome because there is a tendancy to act like little stocks work the same way as big stocks. They only do to a certain extent. Fact is: size matters. Simple fact, but solid truth.
I like the story behind this stock. Its got potential. I want to find out more, but even that does not work to make it a hold long term. I will be playing this puppy in and out. In and out. If I play it that way and don't fall in love with the story, I'll end up with more shares in the long run than if I simply hold on to it.
IMHO, that is.
Peace.
Imperial Whazoo
Well, I stepped in right after I saw the 100K trade inside of 8 minutes as the EOD approached. Like.... at 15:52:12, to be precise. I'd picked up on this opportunity a while earlier in the afternoon and I was watching to see if there was going to be stagnation or volume. So when I saw the 100K trade, I was satisfied it was looking to move up from there.
I drew a Fib retrace splay on the chart by positioning the low end at the wick of the 7/19/12 candle (.021) and the top end at the high end of the wick on 8/20/12 (.1645). Thats 14 cents, folks, assuming the upleg is symetrical.
What the Fib splay shows is bigtime cool, LOL.
The gap that got filled today just happened to be a retrace to the 382 level. Almost spot on. Way to go, Fib baby!!
So, when I saw the 100K buy at the EOD, I jumped in.
Here's my logic: these things are generally symetrical. It kicked in with vol near the EOD today, after filling the gap while, at the same time, finding the 382 line almost spot on.
So, I figure we will see a symetrical upside move.
Given that the A-B leg was 14 cents, the low end of the C-D leg move is the .11 low of today. That makes the top end of a 14 cent move show up at .25. So I'm aiming at a double from my buy point.... .25 cents from here is 14 cents above the C point.
Thats my speculation.
Now I say this in plain English: this is purely a speculation.... I am not guaratanteeing .25. If you trade Fibs, this one may well play out to the penny. May do so. May not. All I know is that I took the risk based on the above logic and I'm in as of EOD today.
Here's to hoping I'm going to make money, LOL. I much prefer making a nickle or two to getting toasted and roasted. We'll see.
:o)
Imperial Whazoo
No way, man. These shares are coming free and ARE NOT BEING SOLD. There is no apparent desire to get out, to sell, before unforseen eventualities generate a loss for these whale-PIPE risk takers, LOL.
Thats it. There is NO MASSIVE SELL going on.
OK... the sky is blue, yellow flowers are yellow, when lighteniing flashes, thunder follows..... AND there are shares out there that could be sold, BUT THEY ARE NOT BEING DUMPED.
There is potential share dumpage out there, but lets be real: every day there is a massive overhang on ordinary people by just being alive.
I mean, there is always the overhang that horrible things could happen. Reality overhangs us all. Any one of us could be in a bloody car crash, but the mere fact that there is the possibility of bad happening does not in any way weight the likelihoods in favor of it happening to any one of us on any given day.
In like manner, there are shares that could be sold in a blink of an eye, but the mere existence of that possibility is not evidence favoring the necessity that I be weighted down by the fear that there could be share dumpage at a moment's notice.
There needs to be volume or its no more than a possible event. And the very fact that there isn't volume, when there could be, tells the tale. There is always a chance that selling will kick in, but the fact is that selling is not manifesting right now, AT ALL, and that is what actually matters.
Let me try an analogy:
If you are driving down the road, should you veer like there is something to desparately avoid when there is nothing that has happened that needs to be avoided?
We are driving down the highway at traffic speeds, We are checking the rear view and side mirrors. We are not driving and texting or driving avd drinking. Ordinary common sense & prudence are our fellow travelers and it is simply reality that, although horror and terror and tragedy could always cause there to be a crash, it remains a fact that traffic generally flows and most cars get where their drivers are aiming to go.
In like manner, this stock is traveling toward a proclaimed destination and it is being watched and monitored and managed by innumerable people. There are innumerable people out there checking their rear-view mirrors and their speedometer. And this big group of watchers are not in a slather to sell, a panic to avoid losses, or a rush to rescue themselves from a failing risky invewstment. And the reason we can discern that there is no disaster happening at this instant is that we do not see volume in the price chart. Simple as that.
Its a simple fact, man. We aren't any more threatened by a massive overhang of shares that could be sold at any given instant than ordinary drivers are threatened by some tragedy that has not happened, may not happen, and does not need to be avoided as though it has happened.
As a matter of fact, if you are driving down Central Expressway and suddenly veer as though there is a crash, when there is not, you are actually causing a crash which did not need to happen. If and when there is a crash up ahead or in the next lane to us, then and only then does it make sense to drive the car like a crash is happening.
So I'll say it again: if drivers drive like a crash is happening when it is not, then danger that does not actually exist is being caused to happen by the irresponsible act of driving as though a crash is happening when it is not.
Well... I didn't buy on my observational skills, LOL. I saw all the slather over the failure and could not see it,for a variety of reasons, until I took a few minutes to actually do some old fashioned post market chart analysis. Then I saw it.
I mean, now that I punched it up on screen into 1 minute bars, the step-in at the low for over 7 million shares jumps right out at ya.
But I missed it today.
As obvious a buyin as it was, I for one wish I'd caught it at the time.
And by looking left to the big ass up candle of 2/14/12, and seeing that the lows at that date are the 100% retrace level we attained at the point the savvy investors stepped in today....
Well, sometimes it pays to shut out the megaphone boys and make up your own charting mind, LOL.
In any event, I missed it too, until analysis showed it to be what happened.
In that these things often do a triple retest at either the top side resistance point or the bottom side supports levels, I may yet get a chance to buy at the lows.
This time.... I'll be watching, LOL.
Imperial Whazoo
Man people....just look at a 10min chart on this thing. There was an obvious retrace to test the lows of 2/14/12. Just look at the vol places on this puppy. At 13:34, somebody stepped in for 3.021 million at or about .031. Then there was the actual retest of the 2/14 low because a minute later it tested .0305,which also (coincidentally, I'm sure, Lol) happened to be the low on the open today (like.... can anyone say "Telegraph the low for today from the outset?").
So then it just so happenes that somebody bought 4,81 million at 13:43 at .0314.
Every chart reader worth spit knows a 100% retrace test when it happens, especially when it just so happens that the retest show VERY LARGE snap vol in the minutes involved. Like a little bit obvious on the buy in points,perhaps????
So, I'd say somebody with a knowledge of charts showed their savvy and bought over 7 million in 2 individual minutes at or approximately at the bottom (which also, again, happened to be the 100% retrace to the 2/14 launching point)
And while everyone is upset, take a gander at the NOT DISTINCTLY LARGE volumes involved here. Like,OK..there is dilution. I get it, but why, then, are vols in the upswing side, from Feb 2012 to April 2012.... why are the up leg volumes so huge and there is not corresponding bailout volume throughout this timeframe during which we have experienced this terrible 100% retrace (April 4th till now)?
I mean.... not exactly huge bail volume, is it? Especially considering the dilution. You'd think that there would be huge vol on the bail out side of the chart, compared to the upleg, RIGHT?
Well, there is not huge compared to the upleg side. There just is not.
Feb thru April 4 was up legs side volume and it was far, far larger in volume terms than this prolonged pullback volume has been. Simple obvious charting FACTOID, folks, like it or not.
To judge by volumes involved, there is not a rush to exit. And to judge by the 7 million bought today at approximately the 100%retrace point, I'd say it looks a lot like a simple 100% retrace chart.
So, I think we saw a savvy buyer step in today for 7 mill shares at approximately the low point.
Thats what it looks like to me.
Imperial Whazoo
Tres bien.
Could you provide a name and link to the analyst making the $5.00 call you posted about?
TIA
Imperial Whazoo