is...trading
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Hahaha I never said going to the moon....and the deal will bring capital so I'm ok with that.
They already had 5 billion....check the volume since the last post of 5 bil....how many do you think are still left out there? Not 5 bil. So they added 5 bil more to complete the split. Not to mention they are not even issuing 5 bil...they just have them available.....as a matter of fact once they start reporting I wouldnt 'be surprised to see they reduce the A/S to get the stock price higher now that they have caught investors attention....
Contest Picks:
ACME and AMNF
Yes! That's what I have been looking at....looks like all the companies that have done a f/s have had to increase the a/s to perform f/s. This is normal nothing out of the ordinary for a company about to go through a f/s.
Seems logical but they have said they would not do that....so who knows.
Ok...from what I have found it seems that most companies (not just pinks) authorize more shares before a split happens. This is an old example I found.
US Global Nanospace, Inc. today announced that its Board of Directors and majority stockholder has approved an amendment to US Global's corporate charter to increase the number of shares of common stock available for issuance from 100,000,000 to 300,000,000.
US Global's Board approved the increase in authorized capital stock in order to also approve, in principal, a two for one forward split of its common shares. A record date for the stock split will not be fixed until SEC approval for the increase in authorized shares is received and the corporate charter is amended, a process projected to be completed in or before thirty business days.
I don't think so. I believe they did this so they could do the split. I think you actually divide by 5 since its a 5-1 forward split. Im trying to find that info....I will let you know.
My whole thing about these numbers are....what is currently accurate? Everyone keeps saying 5 bil, 10 bil, ect....do you know for sure? This is all speculation or old info. Thats also great...but does anyone have an accurate o/s? Its all speculation... I believe you will see most of the rest of those a/s dry up real fast with the forward split coming.
where are people getting this 10 bil a/s? Someone please explain to me where they are getting these numbers.
After playing around with some different chart options I found this of the 60 min 10 day....
http://stockcharts.com/h-sc/ui?s=AMNE&p=60&yr=0&mn=0&dy=10&id=p86855321941&a=168216739
Charts as promissed...
I am not an expert, so buy at your own risk and never play with money you cant loose.
Daily
http://stockcharts.com/h-sc/ui?s=AMNE&p=D&b=5&g=0&id=p56466274551&a=167215699
Weekly
http://stockcharts.com/h-sc/ui?s=AMNE&p=W&b=5&g=0&id=p87270001252&a=168206536
Are you in this stock? Then why try to come on here and continuously say you "believe" in the company but now is not the time to buy? I don't get it? Like saying BAC is a good bank but now is not the time to buy? its cheap compared to past share prices....and oh yeah I forgot....we are getting ready to go through a 5-1 forward split.....soooo lets see you want people to wait till it gets to .002-.005 to start buying? But it obviously had strong buying pressure at .009 the other day and hardly made it there again yesterday before running into the close...(just like I said) Seems to me like your trying to pick up cheap shares....we all are...some are a little more realistic about what a cheap share is with a company that will give you 4 free shares for every one you have in another month. Think about it....I truly believe we saw the bottom on Fri and next week we will run above .02 for sure maybe closing the week near .05 Now thats realistic...check your charts....I will post when I get a chance.
That was the bottom.....009....probabaly will never see that again! Mark my word. Now we gap up on monday and run to around 1.5 again then up the rest of next week and if we can pass that .02 we will reach .05 and probably only sell off a little because buyers will flood with a split coming on the 1st. I honestly would think this will run to .10 before the split with a small sell off of flippers not holders maybe closing at .07 before the split. Just my opinion though...take it for what its worth. Also expecting good news before and after the split to keep the momo going. good luck all have a good weekend!
Thats what I was trying to say earlier! They know that there is people lined up here at these levels (maybe not on level 2) and they will just let it go soon and then it will rise. I say we see a run into close and close around .012 maybe even green! Just watch. And then next week....hahaha...bashers will come out in full force again.
Looks like it broke that .01...its ok time to load more...lots of buyers waiting for that. Mon and next week should be really good! It has filled the gap completly now.....hang on!
Level 2 yes...but they know that people wanna jump in at .008-.009...heck you even post it on here....what do you think they are gonna do when you post where you are gonna buy back in? Do what you want but I am in at .01
You are very correct. mm's are completly controling this right now but there is buyers lined up at .008-.009 and slighly above. This is there game....They know everyone is lined up there so they will start the buying again slighly above causeing those that were waiting to have jump in later. Trust me the mm's loaded up when this was way way below where it is at now. They are still in profit! Watch this thing bounce when they say GO! and then everyones gonna jump in and the shorters will get scared and it will go to .05 very soon...Also split coming...some are waiting till last min to start buying. Just hang in there patience will pay off
I am at work and do not have java installed but I will give you a little run down. If you look at the weekely we went above the top bb and right now are slighly under....this trend should continue imo. The moving averages are starting to cross one another. All the money indicators have turned up sharply with buyers including the accumulation. On the daily chart there is clearly a big gap from four days ago that needed to be filled. Many thought it was filled the other day when we touched .009, but there will be strong buying pressure the closer we get to that. It is the floor, if we even get there. I persoanlly think we saw the floor at .01 today. Also on the daily we were brought back inside the top bb which is healthy. The MACD is slighly above 0 which it has not been in a long time. There is also a big gap between where we are now and where we were before the big drop. Usually comes back to atleast that point after huge selling like that. Now I trade with a little different style than most and like to get n before everyone else....so this is all my opinion don't buy if you cant loose the money!
Hold on just a sec and I will.
Everyone needs to look at the weekly chart on this! All the lower moving averages are crossing this week! Also this is trading at the top bb which should continue for weeks to come imo. Right before the split there will be huge buying and then a huge drop of people trying to get out with profits but the good news will continue and this will see atleast .25 this year imo.
Just bought more at .01....Every little bit helps, and imo this is still cheap.
I jumped in just before the split announcement on this and I just wanted to say I think we have a winner. Im holding some to flip and some longer term. I think we may have stabalized here at.0118 for today and I believe we will see a run into the close. There is too much opportunity for an investor with a 5-1 split coming and new business happening as we speak. This stock will have a shock and aww effect very soon imo. Good luck and retire early!
Just thought I would give you some insite from what I have delt with F/S in the past. The stock will run all the way to the date that the F/S takes effect, this is because buyers will flood in hoping to increase the shares they own for free. This will cause the price to increase SIGNIFICANTLY! I mean possibly no letting back till the day it takes effect June 1 I believe. Many shareholders and traders will exit well before that only to take profits. You also have many holders that will ride it just for 20-30 percent gains daily! These buyers will be buying tons of shares just to flip, but this is going to cause the price to keep going. On top of all that you have the mm's that were short, they are getting scared and start to buy back there shares causing the share price to rise even more! This is still not to early to get in and as it hits certain resistance points I will buy even more. Watch the Charts! Thats whats going to determine how far this thing really goes! But I really belive we could see atleast .02 by June 1. One more thing, if you have profits, take them! Dont come back here and say "you said it was going to .02" it MIGHT! I have no control. Anyways good luck to everyone, I think we have a serious runner!
I have been in this just a short period of time and don't know the company very well but do know that a f/s doesnt mean the stock price will go down afterwards. Just means you get more shares for what you have. This is great news in my opinion, and last f/s I played went up 1000's of percent. and after the split was done the pps stayed the same for months. This is a great thing for those who can hold out long enough to reap the benefits. Just a little of my 2 cents.....I don't doubt we see .02!
Nice Call! Im in from way back! Holding long long though
Anyone have thoughts on MESA?
Mr. BIGZ.....what do you think about AMNE? it couldnt hold that 20ma today....you think it will crash tomorrow?
AMNE....what everyones opinion? I think the chart still looks ok....not the big jump off the middle bb I was looking for but still holding above it.
So I need to get rid of my Crammer books? hahaha jk I will definatly have to check those out. Thanks again
Mr Bigz, Lang, Glassy, All I am learning more and more everyday about reading charts! Thank you! Have a good weekend and lets have a really good week next week!
Mr B....I picked up some this morning! Looks like it could be setting up for a really good run. Give it a little kick for me! Good pick!
Hey I have been looking at what some insiders have been buying and one good one I found that is a local company to me is PZZI. Can someone annotate a chart for the TA side of the play. Thanks and great board!
Kristall
That looks like a great buy right now. I just glanced at the chart and it seems to me that it maybe in a slight pullback before driving higher. When I get a chance I will look into it some more. Great Pick!
WWEI.....Im new at TA, can someone check it out and tell me if I am right about this one going up soon. An annodated chart would be great!
I would love to see the chart with these indicators when you have a chance. Thanks.
Mr. Bigz....I am a sort of newbie to Tech Analysis. I have been lurking on the board for a while and just wanted to say thank you for some great plays! I am in VRGD for today, and will be keeping in touch with you and possibly be throwing some picks to you when I start really figuring this stuff out. Thanks alot!