everyone poops!
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Yep. Holding till merger news to come through. This will be .1+ what that news hits.
Bullish flag on chart. Target .012 when it breaks .007
Slapped the ask with 400+k at .0035 let's go
Not cool. I'm trying load here can you please chill for a sec
Merger Play News out today 2/4 SPXA: Cannon Resources, LLC,
http://www.otcmarkets.com/stock/SPXA/news
$19,966,400 in gold production in 2011. they are making 88-180% profit margin. This is huge!
'production costs ranging from $450-$670 a troy ounce'
'during the 2011 mining season, Cannon has produced 12,479 troy ounces of gold'
---->>12479*1600(average gold price in 2011) = $19,966,400. Do the Math at the low end profit margin of 88%!!
SPXA: Merger: Cannon Resources, LLC,
http://www.otcmarkets.com/stock/SPXA/news
$19,966,400 in gold production in 2011. they are making 88-180% profit margin. This is huge!
'production costs ranging from $450-$670 a troy ounce'
'during the 2011 mining season, Cannon has produced 12,479 troy ounces of gold'
---->>12479*1600(average gold price in 2011) = $19,966,400. Do the Math at the low end profit margin of 88%!!
SPXA: Merger: Cannon Resources, LLC,
http://www.otcmarkets.com/stock/SPXA/news
$19,966,400 in gold production in 2011. they are making 88-180% profit margin. This is huge!
'production costs ranging from $450-$670 a troy ounce'
'during the 2011 mining season, Cannon has produced 12,479 troy ounces of gold'
---->>12479*1600(average gold price in 2011) = $19,966,400. Do the Math at the low end profit margin of 88%!!
its perfect timing for this gold play. I think we are gonna see a 4-6% jump in gold in 36 hr period soon(in next couple weeks) with the whole greek and euro thing. This play should be fun.
nope chart says .02 touch at the least and drop if no news. of course its the otc world so charts really dont mean much but it did work to perfection on the breakout on the flag formation.
so that strange correlation I was talking about strikes again
SPXA: Merger Cannon Resources, LLC $19,966,400 in gold production in 2011. they are making 88-180% profit margin. This is huge!
'production costs ranging from $450-$670 a troy ounce'
'during the 2011 mining season, Cannon has produced 12,479 troy ounces of gold'
---->>12479*1600(averae gold price in 2011) = $19,966,400. Do the made at the low end profit margin of 88%!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110543099
$19,966,400 in gold production in 2011. they are making 88-180% profit margin. This is huge!
'production costs ranging from $450-$670 a troy ounce'
'during the 2011 mining season, Cannon has produced 12,479 troy ounces of gold'
---->>12479*1600(averae gold price in 2011) = $19,966,400. Do the made at the low end profit margin of 88%!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110543099
lol reminds me of fed talk. he said 'soon' buy buy buy. he said 'few' timberrr. hahaha
SPXA: bid building
is it just me or anyone else notice trend between general market turns and bidu turn? when bidu is negative on a strong market day, I usually find that market takes a hard turn downward following day. just odd correlation I see from time to time. got in EOD UVXY 27.5 weekly calls for just a few. lets see if my funky correlation works next couple of days.
jim cramer of otc world. its a blog.
http://sierraworldequityreview.blogspot.com/2015/02/integrated-freight-corporation-ifcr.html
are you just joking or is R/S announced or expected? came across this board randomly. might get in with few
Sour grapes much
Dude your playing in otc. Your risking 100% lose and your show boating about 70% gain. 1 to 0.7 tradeoff. Wow
where are you getting this whole merger thing from? dont see and news or filings
DRAG bid building
sorry wish I can. Travel for work every week. Im gonna be in ohio that week and not back in Tucson till 2/20 late night. I might be able to check it out on saturday 2/21 but have to check OTR conference schedule to see what they have going that day.
Merger play DRAG and also chart play for bullish flag breakout:
http://investorshub.advfn.com/Dragon-Polymers-Inc-DRAG-3008/
DRAG merger: HiTec
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=lUaCP3c7Wtoby0V%252faXyqFg%253d%253d&CorpName=HITEC+CORP.
DRAG Security Details
Share Structure
Market Value1 $126,367 a/o Nov 04, 2014
Shares Outstanding 126,367,314 a/o Feb 28, 2014
Float 102,785,873 a/o Feb 28, 2014
Authorized Shares 500,000,000 a/o Feb 28, 2014
FULL ARTICLE AND PICS NEW MERGER COMPANY
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109118153
DRAG: Accumulation/bullish flag and Merger DD
http://investorshub.advfn.com/Dragon-Polymers-Inc-DRAG-3008/
DRAG merger
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=lUaCP3c7Wtoby0V%252faXyqFg%253d%253d&CorpName=HITEC+CORP.
DRAG Security Details
Share Structure
Market Value1 $126,367 a/o Nov 04, 2014
Shares Outstanding 126,367,314 a/o Feb 28, 2014
Float 102,785,873 a/o Feb 28, 2014
Authorized Shares 500,000,000 a/o Feb 28, 2014
DRAG: HITECH create 45 jobs and spend about $2 million to reclaim large-equipment tires and return them to their component ingredients.RDH Tire and Retread Co., located in Cleveland, and Missouri-based Hitec LLC created a joint venture in April 2008 called RDH Environmental.
Ragan says he’s found a customer for the steel and oil. And he will use the carbon black to make retreads at RDH Tire.
Ragan and Buhr say they didn’t seeking financing help for the initial stage of RDH Environmental. Local and state incentives will be sought as the company adds more production lines in Cleveland, Buhr says.
http://www.rowanworks.com/News/Tire-company-makes-the-most-of-used-tires.aspx
DRAG: Merger DD
http://investorshub.advfn.com/Dragon-Polymers-Inc-DRAG-3008/
DRAG merger
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=lUaCP3c7Wtoby0V%252faXyqFg%253d%253d&CorpName=HITEC+CORP.
DRAG Security Details
Share Structure
Market Value1 $126,367 a/o Nov 04, 2014
Shares Outstanding 126,367,314 a/o Feb 28, 2014
Float 102,785,873 a/o Feb 28, 2014
Authorized Shares 500,000,000 a/o Feb 28, 2014
DRAG: HITECH create 45 jobs and spend about $2 million to reclaim large-equipment tires and return them to their component ingredients.RDH Tire and Retread Co., located in Cleveland, and Missouri-based Hitec LLC created a joint venture in April 2008 called RDH Environmental.
Ragan says he’s found a customer for the steel and oil. And he will use the carbon black to make retreads at RDH Tire.
Ragan and Buhr say they didn’t seeking financing help for the initial stage of RDH Environmental. Local and state incentives will be sought as the company adds more production lines in Cleveland, Buhr says.
http://www.rowanworks.com/News/Tire-company-makes-the-most-of-used-tires.aspx
INCREASE IN AUTHORIZED SHARES OF COMMON STOCK
The number of authorized shares of our Common Stock will be increased from three hundred million (300,000,000) shares to six hundred million (600,000,000) shares. The Board of Directors believes the Authorized Increase is necessary and advisable in order to maintain our financing and capital raising ability.
As of December 8, 2014, there were a total of 103,108,072 shares of Common Stock issued
We are not increasing our authorized shares of Common Stock to construct or enable any anti-takeover defense or mechanism on behalf of the Company or for any planned merger or acquisition.
http://ih.advfn.com/p.php?pid=nmona&article=64945297
DRAG: HITECH create 45 jobs and spend about $2 million to reclaim large-equipment tires and return them to their component ingredients.RDH Tire and Retread Co., located in Cleveland, and Missouri-based Hitec LLC created a joint venture in April 2008 called RDH Environmental.
Ragan says he’s found a customer for the steel and oil. And he will use the carbon black to make retreads at RDH Tire.
Ragan and Buhr say they didn’t seeking financing help for the initial stage of RDH Environmental. Local and state incentives will be sought as the company adds more production lines in Cleveland, Buhr says.
http://www.rowanworks.com/News/Tire-company-makes-the-most-of-used-tires.aspx
Sorry should have been more clear. i was talking about the options volume. The $20 calls volume is 3,855 today and $21 calls has a open interest of 5,087. Thought this was unusual for weekly.
$YOKU 20 weekly calls. got few because of the volume and technicals. Does anyone know if this is average volume for yoku or unusually high
overdone? man, almost every key global data last couple weeks has been negative and market has been going up. I think the sell off today was just was we needed! BUT, I do see a short term bounce caused by oversold conditions on the technical on the short term charts.