Target swing trader, never ever day trade. Option spreads or micro stocks.
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SEC doc on convertible shares/shareholder..
Unclear but after a trade on it I'm pulling it off my watchlist...
I'm not a d-trader. Been in since March...
Bring on that change lukin' ... This thing is a mess.
I see why somebody is wanting out. I'm about there myself.
That then may be a serious problem.. We are the ones holding the stock up for them..
. Meet us half way sounds fair..
. If it drops below everybody's entry .. Then as it starts back up all overhead points will be met with selling.
That is what technical analysis is, and it is factual.
Realize that too. Somebody is not wanting to wait 2 to 3 more months for them to report Q2. With no news ever this becomes vulnerable to 1 seller of size, much less several. Any one of us right now can slaughter this with a sell..
If it breaks thru here are they gonna rescue it? The same PR for that needs to come out now, ....not when it gets down at quads.
Somebody at this company say something...
When nothing (news) ever comes out the sentiment turns sour.. If the seller here takes out that only decent bid holding it up we are absolutely screwed......
After that, every run up will be just a opportunity to get out at cost.....
Well any margin sells should been thrown in this morning and it held....over $2 ..
I think it now will start migrating up from here.... I still have buys in at $1.95 just in case it wobbles under $2.
We cool..
I did say study the technicals...
Then the fundamentals, news will keep it going in spurts.
"If" as you say, it was funded[b[,this would be $.50/ $.75 a share.
Walt Disney went broke 6 times before he " got it right" and bought the trash land he built on and is now called Disneyland... In his time of failure no one would even talk to him about lending him a dime.... But.....
The bear, bashers do serve a good purpose... Keeping reality in check for the micro cap investor.
The Bears are not always perfect in their analogy for the future but are fixated on the past..
Always use caution in micros...
I trade a very few of them on a technical basis. I also will get a starter position in this at the .007 area and it should trade with upcoming news back to the .015 overhead supply...
Do technical DD, think thru the fundamentals associated with news available with potential products and quit thinking you are going to get rich in the next ten minutes or on the next trade....
PSID has some good bounce potential... I would not marry any stock....ever.
Did not buy today because this did not go up... Think about what happened here.. Yes oversold...
But... So many people bot this yesterday and some today and it did not migrate up... So everybody probably has a stop loss or get out point.. That may be/probably is, the $2.00 mark...
If it trips below it may get slammed for a volume capitulation snap down. My point is if you got it be prudent and don't set on that point... It will create havoc if everyone does...
Over $4.00 cash per share and no debt.
No product either, but somewhere way above $2 is where this should level out to wait and see what they do.
Big "dump" bid is back this morning. As long as it is there there is a control bottom for the moment.
If you can't wait this out, as like one day last week there is a big size bid to take illiquid shares.
I did not get his name... Another poster then said it probably was Peter. No doubt he was committed and very positive on growth and where they would be in a year.
A lot has happened since I bot this stock. Gonna get more in time and have time since I retired.
So I guess we will be here posting when it picks up vol and PPS. A few PRs are needed but it is what it is and I may be critical some days out of boredom... ( Or stress getting moms estate settled as it is something everyday going on that I'm not familiar with)....
Nickels then dimes on the horizon for FDIT...
I talked with them in April. The guy I spoke with was spot on about where they were heading. Enthusiastic and helpful..
I got time for the stock to move just not time to watch it everyday..
Watching it today ain't pretty at all.
Agree, but sometimes you sell what you have to sell not what you want to sell. We have a suspicion on a seller.. He needs to move it I would figure given the situation ...
Whoa Nellie! Ton of shares for sell again.
A couple of PR's stating business trends are solid, activity with new customers keeping staff busy, and restating the float and restricted shares would do a lot more than stagnant wonderings of what may or may not be happening.
For a company that draws to their clients "attention and focus", we are not seeing much at all of "new attention and focus"......
I figure we wallow here until some decent PR comes out...that's "if" the seller is done selling.
Killed the chart which was weak anyway... Blew out the lower BB.
If that last big bidder gets taken out and more size gets thrown in she is in trouble.
How many coming in from the sell is the big question.
The company is not selling any I would not think.. This is tired holders checking out. Hopefully.
Wow...
1M @ .0065 is the bid.
Anybody wanting out? There is a "dump on it" bid this morning. Kind'a cheap though.
I think too the new dynamic here at this conference is the word ZIKA..
All the past conferences are redundant. This may wobble around .01 to .02 and maybe push the .025 but eventually this a good opportunity for a blow out upside spike.... Look at the chart to the left 3 years... Yup, that's over $0.60 .
I think you have to hang on to a small position with this potential. I got 100K .012 and will look for a bit more cheaper if it shows up.
ZIKA news is in the early innings. ZIKA threat is real.
This is not a one day trade, a mini flip, or one tick wonder... One to watch as you know this will get played huge.
The right media coverage tomorrow this may see amazing gains. Lot and lots of potential for explosive move.
Looks like all was stable today.. It should be fine.
Good Memorial Day to all.
Yes they did in early April.. Then for me the silence was taking a little to long. Then, a PR about new eyes looking at FDIT thru media blitz..... But hold on, what about earnings? That's when I said it's time to address the unreported first Q numbers.. I like one thing at a time without diversion...
We got the numbers now. They are about where I figured after seeing the $80k revenue number in April which I expressed to another long investor here was quite a bit less than what I was hoping for...
The fact that there was no profit is not the let down. Small companies have to burn money to get to sustained profitability. The growth rate of revenues WILL get this to that point, re; Profit.
In the meantime, here is the way I see this. FDIT is growing but they are 2 to 3 quarters behind where I thought they were in growth with sustained revenues. FDIT needs to have some stock to sell in the market to amortize expenses related to growth or an angel investor to throw down a pool of cash to buildout on.
I know what they do for revenue but I do not know what the competition is in the SEO business. Thus I am not having a good understanding on how vulnerable they are as a startup. (I just have not had time to study on this).
I have made several friends in here and it's hard to talk with enthusiasm when I just have not had time to do all the study I want to do to get my arms around FDIT. That makes me somewhat uncomfortable as many of us cannot move out if we wanted to due to liquidity. So bare with me as I'm NOT a bear in theory but I do think we are early.... And a tad earlier than I originally hoped.
Let's see how it acts for the next few weeks as we don't have much of a choice and see what Q-2 brings. I'm not going to get to mess with it today as my moms estate auction is tomorrow and there is too much happening here... Hang in there guys.
While I got a break at lunch I'll burp this off my chest....
Need to see earnings report FDIT. You put out 40% increase in revenues and that sounds good, but were there any earnings there or do we get surprised by the red pencil this Q. It is what it is and it's starting to look with the delay that there could be anguish or explanations rather than "hey guys look at this"..
I'm not impatient or bored but I am getting suspect about the numbers. If I had a good story in the bag from last Q I would be telling the world....
Stay with me longs, I'm there too but IS the timing issue is saying different than what we anticipate.
And why sub penny next week...
You know a reason?
Interesting trading day.. Obvious interest is on this stock. One strong size low bidder brought out buying interest that was met suddenly with a seller. The seller looks to have thrown about 300K cheap ones in but they were met by buyers a second time.. This gave a good volume spike for the day with a price rise which is net net a good thing.
Crazy stuff but it was fun to watch on a very rainy day here.
If my account was funded a little better it would be gone from there in a second.
A blip up this morning then boxed out by a seller.
News will blow that .015 away.
Speaking of news.. Overdue.
The material event many are missing, if any new eyes are looking, is the PPS right now.
If you're willing to position yourself safely on size, AVXL could be an important investment. To many get richers' bite off too many and stay stressed out every trading minute.
This will be more fun to watch when trending up rather than down. When considering this price and the value it can create on good data news ....wow it's cheap... I got a 8 more cheap calls of this a few minutes ago.
Good weekend longs and sleep tight.
k-2, it takes a buyer and a seller to make the market work.
I think I will have a very small chance of getting that 100 share bottom tick but while the sellers now outweigh the buyers I am happy to oblige the sagging price to enter for less than I hoped.
We are good looking backwards.. It's looking forward that gives us trouble. I think the future of AVXL at this price entry is a special gift...
Still some Oct $5 calls in there today for $1 ..
That's how I'm playing this.
Great dialogue.. Thanks.
I also think you cannot split hairs or pennies on this stock. AVXL is one news event from double, triple and higher in share price and value.
And for reality check it could be a 50% haircut in price with a failure.
I'm long and positioned to be longer and will wait for the anticipated terrific news...
As stated in the jimmy post.... You are in it, or you are not in it. .....You better hope for good news even if you are not because someone you know will need the highest expectations imaginable from benefits here.
I believe George is correct. We know the top Analyst.
It just means manipulation... Games... As someone has an agenda.
I bot 10 more Oct $5 calls. Thanks.