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On the basis of what? Hope?
If it hits around 0.02 that would be a triple bottom. That should be enough to cause a run to at least 0.03 I would think. It's a low volume day and a Friday so I don't expect it to break 0.022 really.
So what ever happened with the merger. I sold out of this a while back for a 5 k loss. It was dead money. Made some of it back. Just curious as to why this still sits around a dollar.
I would agree. They dilute every chance they get and rinse and repeat. What is the O/S now? It's surprising how this has held above 0.02 with them dumping shares, but hey, I'll be out on the next run and onto something else. I've made a fair share of money from this company so it doesn't matter.
It's run by morons. They are releasing pointless PR's that no one gives a shit about. They'd be better off saying nothing.
I am pretty sure the CEO stated in one of the CC's that they are years away from being 100% biodegradeable.
It would be a safe bet that this will most likely be green in anticipation of whatever news is released Tuesday. So looks like I will be selling again Monday. The next big run will be near Q2 results and a good entry point will be when it tanks afterwards. Unless they release a revenue PR any news seems to kill the momentum of this stock.
I would have to disagree.
I will buy back when we hit 0.02 again. Sold all my shares yesterday as I thought this would happen.
I bought 100 k today. These are the days you should be buying.
Yeah who knows. If it goes down I'll be buying the cheapies. This will soar again around the next CC for next quarter results. Anyone who bought in the 0.02s and sold today made bank.
The gap was like 0.004 of a penny or something. This is a diluted POS anyway. We won't see a run until Q2 earnings are released...or a substantial one anyway.
Better to have pullbacks then to gap up and crash again like last time. Though there is a small gap in the low 0.02's again. I hope these scrubs don't bring it back down there to fill the gap, but it happened last time so who knows.
That is my understanding as well Carter. I guess we shall find out soon enough.
They already stole value from any shares longs are still holding. People should vote how they want to...the ones who have listened to you in the past got burned and probably lost a lot of money from your continued pumping on their products. If they had anything worth while they would get a fair price for it.
Everyone already knows the 10k will suck
I hope so...but just like the others saying it will go down. It's all a gamble from here. Chart broke down a while ago and we have to break all those resistances now. If we get a huge contract then yes...we will probably get there. Until then I would not count on anything.
Yes, but the same people saying it will go up have been wrong. Not everyone will be right. The stock will go up or down when they release earnings. Until then it's a nil point.
Until we get out of this sideways trading neither is right or wrong. We've been hovering between 0.19 and 0.025...it's stabilized, but if we don't receive revenue news soon it will surely go down. So I don't see how he is wrong? It hasn't hit 0.175...does that mean all that guessed that are wrong too? No one has any idea where this is going, plain and simple fact.
It's a glitch.
I agree. Seems like more fluff. We need revenue numbers not estimates.
It is also possible they are waiting to release the 10k and revenues around the same time to negate the negative impact it may have on the PPS, which would explain the recent fluff PRs. Though I personally think they would have been better off just not saying shit for the past 3 weeks as the news ruined breakouts, but we shall see. Everyone knows 2012 had a loss so that should be accounted for in the PPS. What lies ahead is what is unknown. Whether they have lured people in to continue operations or whether they actually have contracts with any of the 36 companies is the true question. We will find out soon enough.
The weekly chart is still in good shape despite being in the 0.02's. Although I'd agree that T/A does not work all of the time, there is still a chance of another run. The only reason I agree with the poorly timed news is because people sell on news and the news the company released did not have numbers regarding revenue, which is what we wanted to see and what killed the momentum. To each his own, we all have opinions and not all of them will be right, but even if you are right, be humble. Good luck to you.
Pretty sure everyone is. This just continues to go down. It will be like this until they release more news on the R/S and/or revenues.
Congrats on your 40 dollar gain.
It would appear so. We won't move until we get volume though and it doesn't look like any news will be released until after April 5th. Hopefully they have a revenue PR or something.
Possibly we need more volume to break through 0.029 and there is none atm.
There are more important things in life than money man. Don't invest all of it in one place though. The weekly chart is still fine.
It's on 2 million volume. I would be concerned if it was 20 million.
I would agree Bill. We need more volume, bid support and another close above 0.026.
Yup we need more volume though. As long as we close above 0.026 I think we will be alright. There is resistance at 0.03 though. If we get a surge of volume in power hour would be nice to break through it :)
We have 4 hours left of trading... you can't really say anything until the day is over.
If you look at the three month chart it was taken down to the low 0.02's before it ran to 0.068 last time. Maybe this is the start of something bigger.
I would agree. Today is looking like a great day so far. A lot of volume and buying pressure. Good luck guys.
You could very well be right. Everyone has to look at it from both sides. I was in another stock where over 85% of the stock was owned by retail investors, many of which voted no on the R/S, and magically, it passed? Nothing is a guarantee in either direction imo. They have an agenda and if they want it to pass, it will. It's not a democracy as you've stated.
Because of what mudpuppy just said dude. Market Makers...they are here to make money and they have a lot of influence to do so. Retail investors don't have any say in where the price goes or is going. Why would they "let it run" when they can rinse and repeat? It may still have one run left I am not sure at this point. It didn't break the Par Sar when it was bouncing off the 50 DMA last week on the daily and the trend on the weekly is getting weaker aside from the high volume on a red day. Shit is not looking good. Flip a coin, your guess on the short term price is just as good as mine, but it appears we continue downward until they want to get more suckers. So good luck.
Well, think about it. It ran from 0.01 to 0.068. Remember all the buys above 0.04? I'd imagine most of those people bailed and sold and most the people holding from the 0.02's have probably abandoned ship too with a little profit. They shorted it down from 0.068 and covered in the low 0.02's or maybe even 0.01's (when/if it gets there...probably tomorrow) and now they will have a surge of buying to catch people buying high again until they repeat the same process. That's how.
Ok...well this is a video and your point is?
What about all the new resistances. Such as 0.03 for instance?
Here I sit broken hearted grabbing my little balls of steel as I watch CERP rapidly go down the toilet. It could always be worse though.