Charting
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Maybe she was a Hardvard student under a different name? Maybe she changed her name? Got Married? Divorced? Used her Maiden name at Harvard? There could be a couple dozen reasons why it's not showing up on a search, but that does not mean she isn't a Harvard Grad just because a I-Hubbers search didn't find it.
Giannuzzo; RE:(Merger Deal), I just posted about this exact same subject, that's right under your post.
The deal could be complete as far as the Negotiations are concerned, where both sides have reached common ground and have agreed on the terms, but until the Attorneys write-up the Legal paperwork, and it is signed by both parties, they CANNOT Release the Details to the Public.
So Gold56 is right as far as believing the deal could be in it's finalization stage, the stage where both parties are waiting for the Attorneys to produce the Legal paperwork to be signed and filed with the SEC. The paperwork involved in a Reverse Merger/Name-CUSIP change, ect.ect. Is so much more involved than most average traders think. The fact that they are requesting a NOBO list is also very significant to a CUSIP Change which I Am writing a post about that as well right now.
That's a very good point, I'm sure it's a done deal since they are publicly releasing that info, but I doubt the deal has been Finalized with the SEC Attorneys involved which is why they have released a PR with the details yet. Once the paperwork is completed and the deal is a signed completed document, I'm sure the PR will Immediately follow.
Omega3Man; I Think David, the IR Person, has been doing a decent job, he can't do anymore than what the Company gives him. I have done various work for Public companies years ago (Compensated Work), and personally I have found the position of Investor Relations to basically be almost a waste of time for Small-Cap Pink sheet Penny stocks. The position reminds me of a Door Man at a Fancy Hotel or Apartment Building who knows the latest gossip! LOL That would be fine if this were a $Dollar stock, with a Market-cap in the Tens/Hundreds of Millions or something, but it's not. I have never found out any info from any IR Person of any Public Company that I was not able to find on my own doing research and my DD. Just my 2 cents.
Consigliere; "Acting Fast" is not going to produce any results unless the Completing & Signing of the Merger are the end Result, and the "Deal" has to be a Very Good one for Investors as well.
As far as "Sinking Into the Abyss"? In case you haven't noticed, this stock has already been knocking on the door of the Micro-Subs, with the 52 week low at 0008 it doesn't get much lower than that and we are not that far away from the Micros right now.
As far as "Not Having Much Time" left, My opinion is that according to the PR back in Feb. that said they had a 6 month window to get the "Friendly Financing" in place, I'd say we have at least until the 6 months are up before we are really looking at dropping down to the Micros, and thats;
"If the Company Does Absolutely Nothing" Between now and then. Which I doubt they are just going to sit on their hands.
IMO I think we are just Days/Weeks, possibly a month away from this Merger getting completed. Mergers don't usually take that long to complete, the time consuming part is the Legal paperwork that the Attorneys have to make sure is Perfect. People (That are shareholders) are getting Impatient and that is what we are all dealing with in our own ways.
I CONCUR :)
If you look at this chart here, (I posted a link below) The Bolli's are at 002 on the lower, 0025 in the middle, and 0029 on the upper, thats pretty dam tight, I think we are on the verge of breaking upwards soon, I've learned to trust the Bolli bands a long time ago, and when they get tight like this, something breaks out 9 times out of 10!
http://stockcharts.com/h-sc/ui?s=RTGV&p=D&yr=0&mn=2&dy=0&id=p44457123504
Nice little gem you found there.
Thats your opinion and you're entitled to it, however far out in left field it is. I don't see on the chart where it's been "GOING DOWN EVERYDAY", The chart I'm looking at shows it going "SIDEWAYS" for the past 6-8 weeks, we have a Triple Bottom at 0018, and it hasn't even touched 0017 since Feb 22 when I happen to get a rather large "BUY ORDER" filled at 0017 that day, thats 2 months ago. If they finish off this merger in the next month or two, we will definitely see Pennyland, IMO.
Omega3Man; Whats obvious to "Smart" Investors is the fact that this stock moves up rather fast when something substantial happens, telling me that there really isn't a very big float out there. Which also tells me that there are some pretty big fish watching this, just waiting for something concrete to get done, and I guarantee you that those who hear the whispers from people close to this, will know before we do and will start buying days before the news hits, thats my signal to buy heavy. I believe it's coming, anyways, unless this was diluted by 1-2 Bil (And We KNOW THAT'S NOT TRUE-A/S is only 750Mil), there isn't much downside at 002. Especially when my average is between 0015/0017, I started buying heavy in early Feb. at 001 thru 0013 so I'm not sweating anything here.
Millenium323; I have a Question for you on your post.
Why put a "Timeline" on it?
What good is that going to do?
What purpose will that serve?
Is there a Timeline on "When" RTGV will have a Completed, Signed, Merger deal?
NOPE!
The RTGV Board doesn't even know WHEN the Merger is going to be Completed! When you have SEC Attorneys Involved and everything I and T must be dotted and crossed they certainly don't Rush though this stuff.
It takes a Strong Hand to have Patience in this game, and when your playing up against Hedge Funds that Love to Short Penny stocks like this and know they are the Main game that can afford to Short these stocks in a Profitable Manner, that's when this game turns from Trading into Poker & Chess, and in Poker you never play your hand, you play the guys across the table from you, you look for their "Tells" and play on them, and you guys that are Venting on this board are basically Giving your opponents your Tells right here in Black and White, they don't have to look for your Breaking point, you guys are handing it to them right here in front of God and Everyone else that reads this thread!!! LOL
Most of You guys are Smarter than this, how about we start using our Brains a little more instead of what we've been doing on the down days?
One more thing, you guys that have experience trading Penny plays, and have been in RTGV for a while Know how fast this stock can move up on Buying Pressure, we have seen it many times. I think we have had too much, and too many Expectations of this stock Running-up on every PR, and you know deep down; That's not going to Happen! It's not the "PR" or how many they release That's going to make the Difference. It's the CONTENT OF THE PR That's going to Make this stock Run-up!!! Investors that are watching/waiting on the sidelines to buy this are not concerned about PR's about the Progress Updates ect. They are looking for that PR that tells us "WE HAVE A COMPLETED SIGNED DEAL" and Here are the Details, then it's off to the Races folks, IMO.
Aea11; I think you posted some real "Words of Wisdom" here. I see Investors getting Impatient, Frustrated, and downright Angry, and this is the worst thing you can do when you are "Long-Term Invested" in a "High Risk-High-$-Reward" Penny stock like this. The best thing any of you guys who are Long in RTGV can do is "KEEP YOUR EMOTIONS OUT OF IT WHILE WE ARE WAITING FOR COMPLETION"!
All your going to do by Watching every little Tick of the Stock every minute of every day, and then getting upset when there's down ticks and then "Venting on this Message Board" is to Turn-Off New Investors that are watching this and reading this thread. I will guarantee you there are a lot of WATCHFUL EYES Reading this board but Never Posting, They are Watching, Reading, & Waiting for their Time to Jump-in, and when they read posts from Angry Investors, Do you think that is going to Inspire any New Money from I-Hubbers?? My opinion is that it's gonna Turn them Off if anything. If you guys need to Vent, then by all means Vent, BUT DON'T DO IT ON THIS PUBLIC BOARD PLEEEEEZE! It's not helping matters at all.
You guys can do what you want, but if you guys keep Venting on here like this it's not going to help the stock at all, only hurt it IMO.
I spend my time Researching & Trading other Penny plays, the worthless ones, the POS P&D's, the ones the Trading Groups run-up and down, stocks that are getting Promoted by paid Pumpers, you never hold those, just ride them up a little, get-in get-out with a profit fast. When you spend your time trading other POS stocks, then you don't sit and watch every little tick all day on the stocks like RTGV that are worth holding, and then you keep your emotions out of it as well.
There is so much going on behind the scenes with this Company that they have not made Public yet, and that many people do not realize, that it's not even funny.
I want to make a point here that some Traders (Even "EXPERIENCED" Traders) don't seem to understand at times like this, and that is;
YOU CANNOT RELY ON EVERYTHING YOU SEE IN THE T&S PRINTS AS BEING 100% ACCURATE. What I mean by that is this; (Especially if their was a large short position made by the Toxic Financier that needed to be covered), Many times Time & Sales prints that "APPEAR" To be a Sell on the Bid Side, are actually Buys. I know this from personal experience, on RTGV as well as other stocks.
For example; On Feb. 22, 2012. Not even two months ago, RTGV dropped down to 0017 for a very short period of time, I'm talking Minutes here. I happened to have a rather Large Buy order in at 0017 that day, and they dropped down and filled my order, but on the T&S Print it "APPEARED AS A SELL" WHEN IT WASN'T! I even saw a few posters on this board post about someone selling at 0017 and I had to say something because I knew that it was my buy order that got filled but was printed to look like a sell. My point here is Don't take everything you see on the T&S Prints at Face Value, us Retail Traders only have Level 2, we cannot see what the MM's are looking at and there is Manipulation going on here you can bet on that! And it's not anything to do with the Company either.
ALSO, RTGV Has never dropped down to 0017 since that day.
ace65; What you are referring to as "Dumping" is Merely Retail Traders Flipping this stock. It has been going on for several weeks now in this current trading range. I happen to be very knowledgeable in the area of Toxic Finance/Convertible Debt and I have not seen any signs of any Institutional selling/Conversion or New Shares hitting the market on this stock since early Feb. of this year. RTGV has said in an earlier PR that they have restructured their debt to more "Friendly" Financing with a 6 month window, so your post is baseless.
With Fridays PR we know now that the Merger deal is getting very close to being Finalized and I believe between now and then we are going to see an increase in accumulation as "Smart Money", Investors that know about these kinds of deals, are going to be positioning themselves for a Major Rally on RTGV in the coming weeks. (This is my opinion based on many years of experience trading stocks with Toxic Financing debt.) I believe RTGV is heading back to Pennyland in the next several "Weeks" not months. The RTGV Chart is primed for a Major Move upward.
I think the next few weeks are going to be Interesting for RTGV, maybe even alot of Fun? LOL.
Emotions=Impatience=MISSING THE BIG ONE! The Big mistake many make, I learned my lesson a long time ago, thats why I take my position in a Company like this and just "Shelve It" and go about my days Trading the stocks that are being Played by the Players (Trading Groups, ect) as usual and when the day comes, it comes. Getting Emotional and Impatient never makes a bit of difference, the Deal gets Completed when it gets Completed, and our Emotions Do Not make a bit of difference, other than stressing ourselves out for nothing.
Coming? It's Already Here! The SAR on the daily moved to 0018 and we broke through the upper Bolli today, which are very tight by the way. This chart is primed for a breakout Bigtime IMO. I know there are those who don't believe in charting Pink Penny stocks, But I do. The T/A of Penny stocks like this are right many more times than they are wrong.
WOW! I just got back in to my trading desk, AWESOME NEWS Today! Those who sold below 002 and below 003 have got to feel like fools now. I have been staying off the board here on purpose, and I put my RTGV stock on the shelf and just checked the daily trading and this board a few times a day, and spend my time concentrating on trading the 95-99% of the Penny stocks that are NOT worth holding. I found it's better that way.
When you go long on a Pink Penny stock that you believe in (that 1-5% of them that ARE Worth Holding Long-term, like RTGV), I believe it's much better to keep your emotions out of it by just shelfing your holdings, and even though you watch it daily, keep focused on Trading the ones that are being played, the 95-99% Not worth holding for more than a few hours-(sometimes a day or two maybe) You guys that trade full time know what I mean. By keeping your mind on trading, and your emotions out of your Long postions, it makes days like this worth it all! RTGV is BOUND FOR PENNYLAND Period!
The chart is showing so much Bullish Formation Potential it's not funny.
MarketCaptain; What you just posted is one of my reasons for Investing in this Company and going Long on it as well.
When it comes to Pink sheet Penny stocks, 95-98% of them are only worth "TRADING" Meaning; buying and selling on the run-ups and dips and never holding them for more than a few hours to maybe a day or two. Ocassionally, a week or two.
But the 2-5% of them worth holding and/or going Long on are rare and few and far between.
(For what it's worth) Personally I believe RTGV is one of those 2-5% worth holding and going Long on, and I have a list of reasons why and what you just posted is one of my reasons. When board members stick their neck out like that and basically work for "Free" unless the Stock Performs well (Along with the other factors here), "YOU KNOW DAM WELL THERE'S MUCH MORE TO THIS COMPANY THAN WE KNOW"! IMO.
I said that yesterday. LOL, In the midst of all the doom and gloom.
Even though some are seeing this as a down day (and it is) BUT, I truly believe the chart is showing signs of a breakout on the horizon. Today's trading gave RTGV a Triple Bottom in my opinion. Also the Bolli bands are tightened up, and other indicators are pointing in the same direction.
I don't believe this stock is going to break out on the "Downside" either, I believe we are on the verge of an upswing that will break through the resistance of the 3's & 4's this time, IMO. It may not be next week, or the week after, but it's coming in my opinion.
Looks like the Scare tactics worked today, got some people to bail and the longs picked up a bunch of cheapies.
TRIPLE BOTTOM On the Chart now, we hit 0017 on Feb. 22 I know because I got a huge buy order filled at 0017 that day, then 0018 on March 8th, and 0018 again today, I know many traders don't put alot of faith in charting Penny Stocks, but if you change the settings on the indicators from their default settings, that are set for Big Board stocks trading at $1-5.00 a share Minimum and up, and set them for time periods according to how the stock is trading, they can be very effective on Penny stocks. Thats my opinion anyways.
I forgot to add that I believe this is a Bullish Triple Bottom, with an Breakout uptrend, reversal coming,
A few weeks before that it dropped to 0017 one day and I happened to have a order in at 0017 that got filled, awesome pick-up that day. Someone has picked up a bunch of cheapies today.
tradersrule; I also agree with what you said in this post about there not being much downside;
"I agree... And like I posted yesterday, I do not believe there is much downside from here"
IMO, the only reason this would head down would be Convertibles, and in Feb the Company told us that they had been stopped for 6 months while they put more "Friendly" financing in place. I have not seen any signs of any Convertibles hitting the open market since then, the selling we have seen has been retail IMO. And someone is sitting at the Bid Gobbling up whatever the Scardy Cats Fleeing for their lives are willing to dump, thats a good sign to me!
As far as the merger deal is concerned, the silence from the company certainly means that it is NOT Completed yet, But That DOES NOT Mean that the Merger deal is off. Many times these are complex deals that don't happen overnight, and "Most of the Time" Take Longer than they should, so I for one am not ready to throw the towel in yet. I know I have not been here as long as many of the Longs here, but I've been Trading for many years and my biggest mistakes I ever made in Trading Penny stocks has always been, "SELLING TOO SOON"!!!
I Rarely hold any Pink Penny stocks, but there are that 5% of them worth going long on, and this being a "FULLY REPORTING" Pink, (Needs to be on the BB really), I've watched this for a while now but didn't buy in until Feb. and I believe this is one worth holding.
Heres a short story of myself and the couple Million$$ I missed out on in 2005/06 trading a company called "Foamex International", they have since went private now, but when they were Publicly traded on the NASDAQ they were one of the Top 3 "Global" Manufacturers of Foam & Memory Foam, for anything with foam in it, Car seats, couches, chairs, beds, boats, planes, ect.
Keeping this short, back then I was playing mostly Toxic Financing Penny plays, and I also Traded BK (Bankruptcy) stocks, and Death drop/Dead Cat bounce plays. Risky but profitable plays and I did very well on over 90% of my Trades.
But on Foamex Intl. I missed the boat, and all because "I SOLD TOO SOON" and was not Paying close enough attention, like I normally should have. And thats because I had TOO MUCH Attention on a Pink Penny I was Long on (One of that 3-5% of Pink Penny stocks I would ever be a Long in).
Anyways, in 2005 the Board of Foamex was using the Company as their Personal ATM, and drove this $8.00/Share NASDAQ Stock into BK, dropping the stock to .15 when news of possible BK Filings hit the press. I bought in at .15 and sold a few weeks later on the bounce, (3-5 Bag).
Well they fired the CEO and rest of the board, and hired a CEO with a Proven Track record of bringing Companies out of Bankruptcy. And an Impressive New board altogether. They filed for "Reorganization Bankruptcy" in Oct. 2005 about a month after I bailed on the bounce. I kept Foamex on my Radar, but did not watch it close like I normally would have.
In Jan. 2006 the stock was trading at .02 and the Company was not saying much at the time, but I had done my homework on this company 6 months prior, and knowing the size of the company, ONE OF THE TOP 3 FOAM Manufacturers GLOBALLY, had shown profits and solid revs and growing year after year, until the CEO and board got GREEDY, LAZY, and just plain STUPID! I knew the company would bounce back. I was going to buy at least 500K or a Mil shares in Jan. of 06 when it was bottomed out at .02 but I was playing heavy on a Penny Pink and just plain "FORGOT" To pick up some Foamex stock to just sit on. Well just 3 little months later in April of 2006, after trading as a Pink at .02 and being "TOTALLY SILENT FOR MONTHS" the Company announced they were "Coming out of Bankruptcy" AND APPLYING FOR RE-LISTING ON THE NASDAQ! The Stock ROARED FROM PENNIES TO $6.00 A SHARE in the course of a week or 2!!!
I Almost Cried for weeks, knowing I forgot to pick-up at least 500K or a Mil shares at .02 just 3 months prior, after doing my homework and I knew the company would be back. 500K shares at .02 would have turned 10Grand into almost $3 MIL.
I think we are seeing more Manipulation going on than actual selling, IMO. I'm holding "ALL" my shares for the Pennies, somewhere in between .01 and .10 Maybe?
Not with what's about to happen with this Company, No Way, the Traders with smarts are accumulating and holding, most of the Flippers/Daytraders are gone. This is something else, Maybe a shake on the Longs for shares before the Rocket takes off?
This sort of trading has been going on for some time now and I'm thinking that this is not a retail trader doing this. This is looking more like manipulation from some entity with an axe to grind maybe? Is there possibly a lender out there who doesn't want to see this go up for a reason? If the Toxic lender who just got put off for 6 months is not happy about that maybe we are seeing some fallout from it? Just thinking outside the box here, thoughts anyone?
Only 600K makes a new HOD.
I know that many of us here have been as well, but I think there's also a Big Fish here accumulating. Meaning a Investment Fund/Firm, (Institutional Investment firm). Whatever name you want to use, you know what I mean.
It would be Great to see this as the First Day of a new Base of 003, Never to see the 002's again! Time to move up. Anyone notice the chart? Bolli's getting tightened up, SAR at 0035 about to drop, The Williams, STO, RSI all in the middle, IMO an upward move is close at hand, whoever has been accumulating has been slowly taking out all the sellers at the 002's and 003's level, not much left but Longs in my opinion. Opinions anyone?
A close at the HOD usually means a "Big Green Day" Tomorrow. I'm not predicting the future, but more often than not, it happens that way.
trading.jeff; I mentioned a cup & handle formation last week, we actually have had 3 Bullish formations over the past couple weeks, besides the cup & handle, we have a short-term Double bottom and we had a symmetrical triangle that we broke out of when we went up to 0048, personally I did not think we would retrace this far but I guess there were alot more sellers than I thought, and the Board shooting themselves in the foot with their PR's doesn't help either. They could use a Professional that has experience in the Penny markets working with the Publicly released info, give things a much much more positive outlook on things than what they are currently doing.
Very thin to 0041 & 005
mkt_predictor; Does it look like we have a Double Bottom formation at 0017-0018 to you? I know the Double Bottom formation usually takes more time to form, but this is Pink Pennyland too and many t/a rules & formations used on the big board stocks don't always apply the same way in the Penny market. Like the CMF is set for 20 days by default on stockcharts, but I've found that a 10 day CMF works much better for Penny charts. Anyways, my opinion is that we have a Double Bottom right now which is a very bullish formation. Opinions?
Let's hope he's out of shares now too?
Q&A....... Yes I think an increase in the "AUTHORIZED SHARES" Not the "OUTSTANDING SHARES", by 250Mil is relatively Small for a Merger of this Magnitude. Also, since the Company has Promised "No Dilution", as well as the Conversion of Convertible Debt having "CEASED" For the next 6 months, and to top all that off the Corporate Board members are not taking salaries in cash, but rather stock at .016!!!
Now in all honesty, give this just a wee 1-2% of your Brain capacity for thought, and tell me how many Pink Sheet Penny stocks can even come close to this type of Character and Integrity? If the members of this board were not very confident that this merger is going to be profitable for the Company and shareholders alike, they would have never in a million years stuck their neck out and bet their Salaries on the whole thing, and at a share price of .016 at that!
Now, Have they made MISTAKES? Obviously yes! They have basically "SCREWED THE POOCH" When it comes to Writing and releasing PR's for the Players in the Penny Markets.
But lets realize for a second that the RTGV board members "ARE NOT I-HUB FORUM PENNY MARKET TRADERS" Looking for the Next Stock that the several Big money groups are going to hit next. This board is out to complete a Merger and Build a Viable Company that is Capable of doing some very great things.
And when they do get this done, the Share Price will take care of itself. And furthermore, I don't think the mistakes they have made are going to hurt the company in the long run at all.
Maybe in the short-term trading of the Daytraders and Flippers, but really, in all fairness, most of us I-Hubbers that play the Penny Stock Runners are usually "IN AND OUT" either the Same Day, or Within a Day or Two, sometimes a few days, once in a while some of us stay a week or two.
But the Penny Plays than any of us Traders actually leave any cash parked in for more than a few days to maybe a week or two, are Few and Far between.
In reality I'd say maybe 1-2% (maybe up to %5) of all the Penny stocks on the OTC, Do any of us WISE TRADERS leave any cash in for more than a Few hours to 48-72 Hours (If your really honest about it)?
Personally, over the past 8-10 years of trading Penny Plays, I can count on one hand the Pink Sheet Penny plays that I ever went Long on! It's probably less than 1% of the OTC Market that I would ever park any cash in for more than a few weeks. RTGV just happens to be in that 1% for me. N'uff said.
RE: otterman; the "SMALL" Increase in the A/S
So you think a 50% increase is 'small'? GLTY.
As I posted yesterday,I am seeing a "Double Bottom" formation at 0017-0018 over the last several weeks, does anyone else see this? Agree/Disagree?
I know Double Bottoms usually take more than a few weeks to form, but we are not dealing with a "usual/Normal" stock either.