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Thanks MountainMom - great find! That's exactly what I was thinking - another leg up is due.
The chart looks like a leg 1/leg 2 pattern. A strong move up, then a period of consolidation, and then a second leg up usually equal to the size of the first leg.
Whoever sold the most shares today wins the "Biggest Idiot of the Century" award. And everyone else who sold are runner ups.
The only good thing is the volume is peanuts. It's like they are trying to make it look like as if it's going to fall but on no volume it's a fake move. Any buying at all would send this up since the volume is so thin.
I hope they do Mr. Met. Right now all I'm seeing is the bid getting slapped. .017 not looking good. It will probably be a low volume day again. We need some good news.
Great post Layupdrill. I was watching the price and volume changes today and saw a sell of 1,000 at the bid. To me, that can only mean one thing - that someone or something is trying to induce selling by only spending 22 bucks. Which - to me - means another thing that they want to get shares cheap if it falls because they know it's going to move up later. JMHO.
At least the fall today was on the lowest volume in the past 4 days, so obviously a weak fall. But we will see what tomorrow brings.
To the people that sold cheap today.... THANK YOU THANK YOU THANK YOU!!!!
I'd like to see a gap just because it's a sign of strength, so not everyone wants it to gap to sell.
I hear thee. I've gotten overly excited about this stock myself. It's hard not too! It's hard not to because like you said it's real. Ironically hearing it's real gets me more pumped than anything else! I think whatever happens tomorrow, it should at least be interesting.
I can see how it could go past .10 since it was at .07 not that long ago and .07 was before all of this news, so it should get to something over .07.
Man I knew you or someone was going to ask that. I will see if I can find it in an old list. It was something like SLIR or SLRI along those lines, but I will see if I can find it. The amazing thing was it didn't just shoot up and fall, it stayed around 35 cents for at least 2 months but I stopped watching it because I was so mad I wasn't in it!!!!
Hey great post! Thanks for the info and comparison. We will see what happens Monday. I would think if this news is the real deal as far as hugeness this would shoot up fast Monday but we will see what happens.
That's fair dude. I'm really not saying I expect it, but I am saying you never know. People were saying it was crazy to expect this one sub-penny stock last year to hit 50 cents and then it hit 40 cents literally overnight(or basically overnight), which is close enough. So on the flip side, you can't say it can't happen either because I've seen it happen.
I totally agree man. With the level of o/s shares a buck isn't that unreasonable.
Me too. I don't know if I feel sorry or not for people that sold today because they did it to themselves, but I am happy for people who bought today. This news could be huge and who knows, it could gap to .10 or .20 or .50 Monday. The market will tell us how big this news is Monday.
You got that right. Anyone who sells now is insane.
At one point this was up 100% yesterday. If it does that again today then obviously it will hit .06. Not unreasonable.
The chart does look like it could drive up to .06 fairly quickly.
Big chance for a gapper tomorrow morning. I'm not saying I expect it to gap to .04 or .05, but at the same time if that happened I wouldn't be shocked either.
I don't think they will be sorry when this hits 50 cents.
I agree. There were some smug people here in the past few weeks that were thumbing their noses at people who bought on the ask. Well, if a stock is moving and you think it's gigantically undervalued(like this one), are you really going to care if you got this at the ask of .005 instead of .0043? I don't think so. But I know you'd be po'd if you had listened to those guys and tried to get it cheaper last week and now you are just sitting on the sidelines watching this skyrocket up. I'm just saying this because I think this is still way undervalued and in a few months or even weeks who knows how high this will be: .20? .50? So even if you bought at the ask today at .03 you will be happy you did when it hits .50. Is .50 crazy? There was a sub-penny I saw last year that went to .40 fast so I know it can happen.
I bet there won't be any dumping tomorrow, which is Saturday.
Or into FDR land and perhaps a couple of his twins.
I remember several years ago some stock went from a sub-penny to $5.00 literally overnight. I remember thinking there were many people that went to bed poor that night and woke up as multi-millionaires. That would have to be a shock.
I totally agree. This thing is going to pop higher than a weak threaded button on Dolly Parton's blouse.
You are so right. It will be fun to watch when this thing explodes like the pants of a bent over Rosie O'Donnell.
Shroomalien - I agree with you 100% Nice post. This puppy could run to .05 fairly quick once it gets over .01. Just my extremely epic humble opinion.
Please tell me you meant losing.
Speaking of 2 cents, it will be there fairly soon.
Naw - I don't think so.
I agree with xyz. It could hit .10 fast and even get up to .50 or more, but that's just my incredibly humble opinion.
In most cases with a penny stock I would agree with you, but with 455 million shares traded it's not a pump, it's a rally. That's like buying 80% of a company and saying it's just to test and to see if others will show interest in it. Too much volume for just a pump in this case.
No doubt dude. I'm sure most of us if not all of us here have experienced getting out after a stock has fallen only to see it rocket up soon after. It's part of the game dudes. Don't get scared out.
Great post and DD Muscle!!! It's just a matter of time before this thing gets back above .10 or even .20 where it should be.(IMHO)
I think even if they released news they secured a 10 billion dollar government contract people would still complain about it being a fluff pr!
Texas Armoring contract is huge imho because it's just the start of more deals and more revenue to come. At some point this thing is going to pop and pop big. 20 cents here we come!(IMHO)
I agree dude. And the fact they are taking steps to move up to OTCBB is great in my opinion. This thing should rocket over 20 cents in the near future.(IMHO)
I think this fleet acquisition is great news. This will start the run up to 15 cents.(IMHO)
There wasn't 0 volume, it was nearly 2 million.
I agree - the low volume is the key. It's like they are trying to invoke people to sell so they can buy it up ahead of the run up.