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You too mt
I sold OCNF for an 8.2% gain yesterday and will probably just move on. Especially now that they have a compliance problem with NASDAQ.
Thanx Bud.
I sold all of my OCNF yesterday. Just watching it now.
FWIW...
News for 'OCNF' - (OceanFreight Inc. Announces Receipt of Nasdaq Notice)
ATHENS, GREECE, Mar 05, 2010 (MARKETWIRE via COMTEX) -- OceanFreight Inc.
(NASDAQ: OCNF) (the "Company"), a global provider of marine transportation
services, announced today that it has received written notification from The
Nasdaq Stock Market ("Nasdaq") dated March 1, 2010 indicating that because the
closing bid price of the Company's common stock for the previous 30 consecutive
business days was below the minimum $1.00 per share bid price requirement for
continued listing on the Nasdaq Global Market, the Company is not in compliance
with Nasdaq Listing Rule 5450(a)(1). The applicable grace period to regain
compliance is 180 days.
This notification has no effect on the listing of the Company's common stock at
this time.
The Company intends to monitor the closing bid price of its common stock between
now and August 30, 2010 and is considering its options in order to regain
compliance with the Nasdaq minimum bid price requirement.
You too xela.
Could be bbb.
I just got this too...
News for 'OCNF' - (OceanFreight Inc. Announces Receipt of Nasdaq Notice)
ATHENS, GREECE, Mar 05, 2010 (MARKETWIRE via COMTEX) -- OceanFreight Inc.
(NASDAQ: OCNF) (the "Company"), a global provider of marine transportation
services, announced today that it has received written notification from The
Nasdaq Stock Market ("Nasdaq") dated March 1, 2010 indicating that because the
closing bid price of the Company's common stock for the previous 30 consecutive
business days was below the minimum $1.00 per share bid price requirement for
continued listing on the Nasdaq Global Market, the Company is not in compliance
with Nasdaq Listing Rule 5450(a)(1). The applicable grace period to regain
compliance is 180 days.
This notification has no effect on the listing of the Company's common stock at
this time.
The Company intends to monitor the closing bid price of its common stock between
now and August 30, 2010 and is considering its options in order to regain
compliance with the Nasdaq minimum bid price requirement.
?
;)
It would probably eat up all your profits. ;)
Great lyrics.
yipee ki yay O
TY
;)
Actually I telepathically planted them in your head one night while you were dreaming.
Or was that my dream...I forget now? ;)
I'm marking you and Monk also.
Let us Rock!
You will. ;)
That's the plan.
I've been watching GRNO, CDIV, & EIGH for a good while.
I didn't get in as I try not chase. That was a mistake on these three.
Oh well, hind site is 20/20. ;)
I agree. I just signed up on your email list too.
Hey Monk. Been watching your board off and on.
You guys are making some nice picks. ;)
Have a good day.
Sure is.
Agreed. It's OK to feel good about one's stock but we are not pumpers or bashers here.
We just want to help each other make money...as much as we can. ;)
Have a good day PIE.
OCNF article. Don't know if this guy is good or full of....
FWIW
News for 'OCNF' - (SmarTrend's Trend Spotter See Continued Downward Momentum on Shares of OceanFreight (OCNF))
Mar 05, 2010 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a
Downtrend for OceanFreight (NASDAQ:OCNF) on October 19, 2009 at $1.16. In
approximately 5 months, OceanFreight has returned 28.4% as of today's recent
price of $0.83.
OceanFreight is currently below its 50-day moving average of $0.88 and below its
200-day moving average of $1.22. Look for these moving averages to decline to
confirm the company's downward momentum.
SmarTrend will continue to scan these moving averages and a number of other
proprietary indicators for any changes in momentum for shares of OceanFreight.
Write to Chip Brian at cbrian@tradethetrend.com
Yep.
Cool ;)
Actually I got OCNF from Ken. ;)
Our success rate does seem to be improving on this board board.
GLTA
Yep...could have made more on OCNF but hind sight is 20/20. ;)
Got BWEN on my list. ;)
Thanx
I sold my OCNF yesterday and made 8.2%
It seemed to be having trouble breaking through .85 and now it has.
Oh well, at least I banked some profit. That is job one. ;)
Patience is always good. Even if we miss a run. ;)
Agreed. Especially the sell side.
It's easy to get into a stock and hope for the best, but when they start to pop greed can take over and make you stay in longer than you should have.
One of the best lessons you can learn is how to let go and sell, whether your winning or losing.
GLTA
ARYX...are you in or just watching?
Yep...I try to be careful on Fridays. It usually has to be a bargin for me to consider on Friday.
Some traders like to sell so they are not holding over the weekend, and your comments about non-compliance news is another good reason to stay calm on Friday.
GLTY Bud
Morning all.
Hope your making some bank. ;)
Yep, been watching CDIV for a while. I don't usually like to chase but this would have been a good one to chase. Oh well.