Target swing trader, never ever day trade. Option spreads or micro stocks.
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I can think of half dozen quickly you could be talking about... Actually most trading OTC. But darling, this ain't one of them.
We got revenues, profit, growth, and all the things most micro stocks wish they could substantiate.
Wrong board maybe.. We forgive you.. We cool.
10 day moving avg is .01 and trend line held. That should be the forever bottom on this for many years.
Chart not as powerful looking but nothing a few accumulation days next week won't cure.
All that said I was not looking to sell any anyway.
.10 - .12 could be days away with the news I think we can get from management. They would not be blowing smoke, just expressing the social media marketing trends they happen to be involved in.
Many big companies have SEO staffing or even departments.. Small companies can now have their own for as little as $99 - $299 dollars a month... Incredibly cheap...
SEO = Search Engine Optimization
Crap, I thought he would throw them at the bid...I was bidding sub .009 for 100K more. Thought I would get filled real cheap..
Just one seller needing to get out for some reason.. Wife left him, vacation, other stocks hurting, whatever reason.. They make tuff decisions and dump on Fridays..
He is desperate, he will probably hit the bid...
Sometimes you have to sell want you can sell not what you want to sell... He probably got in a jam with some stupid MJ stock...
I'm on the bid stump myself... Throw'em in there seller.
It is OTC trader boredom.. OTC investors for the most part are want to be investors... And as a rule on Fridays you get this kind of dumpage.
Friday evenings are buying days usually for me..
I hope we get a PR and it opens at about .04 Monday on its way to .06. It is trading and it is predictable because it's psychological. Human behavior becomes predictive.
The only way to counter a stahl is continuation of news... .
Here is my take on this technically. Today is Friday so I'd look for a stahl here or even a slight rollback to the 10SMA which should be .012 .
That actually could be bullish for next week when the trend line holds in. People using TraderAbes strong trend investing will be using the 8 day rather than the 10 but we really have not picked up traders yet I feel except for some on 3/3/2016. Those should have rolled out the next few trading days afterwards.
Next week, especially if the new high holds, FDIT will have proven its new found highs are not just an aberration but something is going on here creating interest and DD... All good.
The real kicker for the future is Investor Relations. A well written PR, growth, float, market penetration goals, and timing when issued[/b ]will shoot this to almost .10 in a few days.
The PRs needs to come out at 8AM, not mid evening. Traders are hungry at early hours but not so much intraday.
If someone knows the IR people tell them this is getting very ripe for a huge flurry of investor interest because of technicals. As I talked with the company last week they mentioned many positive conversations from investors that became prospects for client subscriptions so this is money well spent for company growth.
Hang on to these, not a trade as Sans eluded. The sell side of FDIT will be a technical failure but that should be/could be years out...
DD here should make you money... It's your money so do it...
.06 is coming in my view also. Looking at the chart (which is not relavent with new float reduced share count), resistance is very shallow at .03, then same at .06, pretty solid at .10 , then solid again at .12 .
With new share count these points are on the left side of the chart but have little psychological significance. They are points traders will have to use from a technical look/see.
Scans last night from technical traders will show FDIT as new 52 week closing high which should garner attention.
FDIT new 52 Week Closing HIGH.
My chart shows .0135 as the highest previous close in over a year...
Technically very strong chart building.. We need to close at .014 or .015 to hold the pattern.
Liftoff soon.
Let's hope for a better trading day than yesterday.
I don't care for the rocket launch effect because they always come back down hard but FDIT should be migrating up every day with what we know.
We good.. I was not selling it anyway. Watching it is fun when the process is going on for me...
40 Million....
Game on!!!
We do have box seats you know.
Am I too critical to grade ourselves about a D- . We have one of the most undervalued OTC stocks and we are a social media info gathering and redistribution company....
And nobody knows about us..... Except us.
...????
Are we open??
Looks like we are stuck... And that ain't bad. Keep adding customers FDIT, creating new revenues, and keep the float locked tight.
We ought to be .05 now but we'll get to .12 someday soon.
By end of year at least.. Great ROI from here.
If we get a good news Outlook PR some day soon we should get halfway there in a day.... That is what amazes me is that people are not slipping in with a good holding block as we have here...
We good with entry here...Later, garden irrigation calling me now.
Good stuff..
For the service company, products company, medical specialty and others that are intimated by the new paradigm of social media marketing it seems FDIT can hold their hand and get them involved and in sync on social media..
News missing, "profitable company", "growing company", " 59M share float"..... Very important words for investor attention.
The news as it was written is good for marketing the products and services, but not share price appreciation.
Big buyer setting on the bid yesterday has not showed today... They bid 500K @ .01 most all day then left.
The buyer knows, that there is no shares available in size cheap. And that he will have to walk it up to get sizable position.
What does that tell you and me. Set tight, big things are going to happen in FDIT.
Get them when you can get them and for goodness sakes do even consider sell under .05 to .07 .
The flippers have zero knowledge of what's highly probable to happen here. Like the small offer out at .0145 setting there now.... If they did any DD.... And used their noggin maybe they would not have a Big Mac tonight but in a few months a Ruth's Chris steak while setting at the beach..
FDIT is gonna tell their future outlook one of these days in a good outlook PR and this candle will be lit.
59M shares gonna get hefty priced when several thousand investors become interested in owning a piece of the company's growth.
Staged with an audience waiting for news now. The few sells as yesterday are minute in size.
Any news puts us to .03 and several hundred thousand shares breaks that resistance point. To sell there is just stalling it momentary as a break above that is blue sky. Next point above .03 is up at .12 ..
The fact that people know in time this will be much higher on next news but will not commit is always for me a mystery.
It is trading, it is proven psychological so it it predictable, and thus we will see it repeated many many times more.
When the big order was pulled away I was looking for some shenanigans... This kinda common as he sold a tiny bit breaking the chart to the bottom..
Big spreads can be made to look weak rather than chart strong...
This one worked perfect.... Wish some small 200 share buy at .015 had showed up .....sure nuff..
Chart would look different big time..
That $27.00 sell ruined a strong chart formation..
But it's a gain for the day and we saw strong buyer fishing for half a million most of the day..
As Paul Harvey would say," now the rest of the story".............
If I was trying to accumulate I would have put that broken tick on the close and hoped tomorrow started sluggish that I may could get some cheap fills.
Been there, done that too. It's about to get ruthless.. And that is a good sign in a way but that is Momo accumulation tactics too. The 27 bucks pushing down against a $5K buy in the morning can mean a lot of shares extra for the money.
See where that 500K buyer @ .01 that sat all day there then pulled the .01 order away and dumped 3k at .095 to break the bid back to .09 .... See where he posts a big buy order tomorrow.. He will be back...
You're right we do know.. And lots of the time we are talking to ourselves.
If the company puts out fluffy stuff it will only pick up Momo traders. The answer is time and their execution on a few great quarters..
I too want it to jump.. But then comes the pressure to sell at profit when you see it. I think the .12 technical target is obtainable near term to medium term..
Then it will tough decisions... How much to let go of because that is getting only to fair value if they execute well.
Great problem to have though... And you guys got more than me... I'm 656K right now but I'm still in the bid stack. Don't think I'll get hit but I will keep getting any weak shares.
Revenue stream, new accounts, high recurring subscriptions I am guessing are growing Q over Q by over 30%.
I was only using what was in the news they put out.
In talking with them I/you/anyone can see the growth is getting hot. They are contracting with web developers in different regional cities and we're talking of when new reps were hired. If you don't read growth in their dialogue.... Might better listen closer.
I'm excited about holding the most growth orientated stock I have ever saw. This is not the next Momo deal. This is truly ground floor, real undervalued 1st inning stock in a growing "marketing thru social media" business to business and costumer to business sector that is in its infancy.
Lock this up for 12 months and watch how it performs..
8 trading days ago this was a not known to be profitable company that had 1.3B shares in the float literally.
Today it is known to be running in the green, growing at least 75% YOY, and has less than 59M share tradable in the float.
Think people.. I know of no other OTC in its category trading for anywhere close to this PPS...
Yep, it looks good.. In for a lunch break and the setup technicals for FDIT are getting overwhelming.
Its not going to be long before it jumps to where it should be trading above a nickel and heading higher.. You really have to be uninformed to sell this any where near this price point.
We should have seen the traders pretty much exit last Thursday/Friday.
Another stock that did not give instant reward so the few flippers that were aboard I think parked their shares in much stronger hands.
This should be the base we launch from. A hold technically in this area is strong indication people watching for value shares but waiting to go in with new money until news validates the interest of FDIT's opportunistic future.
News now will be a faster and more dynamic rise. A bullish pennant is forming on the 20 day and a few days in the .01 to .014 area sets the structure for really good things to come.
With this float a breakout from this pennant is absolute blue sky..
This is a hold here, at risistence near .12 a lot of thought will be pondered for how fast it can move above that..
Really true.. And so many of the people that buy OTC do not know how to do DD... They just wait for some guru in their eyes to put a play on... And they play the same trash over and over and after a few years they bought the "guru" an new house and car.
This one is great potential if held for life changing conditions to the prosperous side. I love being early though as you don't have near the stress.. Back to the garden for me though right now, gonna rain tonight.
It will not be undiscovered long.
But when trader flippers come in it will zoom up then down .... If it runs up to 10 to 12 it will belly flop back to that 5 you're talking about...
I'm not good at trading in and out so I'll just ride this one for a year.. .25 end of year is my objective if they grow in the next few quarters as I think they will...
They are giving them away today... Somebody ain't thinking. But you know, maybe they need to pay the rent...
Got filled on 150K @ 09.
Cool.
Call them or better yet, use them and promote them to local business contacts.
I did talk to whoever answered last week and found deep knowledge of how and who was using successfully and what markets/businesses were gravitating to them. The thing is, every single community has multiple business that could, should, and will market and screen their market thru social media.
Real estate, mortgage brokers, repair centers, General contractors, towing, auto repair..... The list is large and as social media does now have views and attention, small business is stepping up since the cost is significantly cheaper than print ads.
Cool stuff. Amazing stuff. They are actually using the already built out infrastructure of the social sites which helps those sites with traffic, while directing inbound and outbound source traffic screened and redirected to customers market element needs.
Thus, extremely low infrastructure cost... Meaning profitable operation even with low cost subscription on highly screened media flow.
Study this weekend if you are not following what the potential is here. This will be hyper growth. Your DD needed as its your money.. But you will find this to be the optimum OTC in the market today.
Companies, small and large are using social media more than ever and the trend is very much growth oriented.
That's why FDIT is going to not just grow but have hyper growth near term..
Their name as my friend said a few days ago could be more valuable than the company. It has catchy appeal he thought.
I think the guy there that I talked with ( could have been Ray) was very enthusiastic about clients seeming immediate results. The real estate company with specific location demands was instantly gratified and was looking to divert marketing dollars from other less successful campaigns.. That be the trend, its game on.
Call them...
This is undervalued as any I have ever witnessed.
If it was the old high of about $0.12 here I would think it would be fairly priced.
The lack of spark in the last news was the simple omission of the float statement right after the June 2017 lock up statement.
Then readers would have said... Blah blah blah small company, hummmm with growth, wow!!! Profitable, Oh Mercy Me...look at that float!!!!!!!
But somebody is thinking positive....
On L2 quote. ATDF has 5437 shares for sale at $50.00 and that is per share.
Thin... Ugly thin.
I moved my 200k @ 007. Nobody probably was going to hit it anyway.
I was bidding 0091 yesterday and sells came to 0095. Didn't get hit there either.
Still think it should a wash and rinse from traders at some point...
Pretty simple charting on a one month chart.. But that .0075/.008 needs to hold.
News is good, the old charts should not be relavent with new share structure, but trader sentiment is one thing, price,and that means the acute overhead and floor points presented in chart formations still dictate.
It will take some time to flush traders.
Will news move it soon? Looks like some 10 of us are accumulating. How many are traders, and how many bought the upticks last week that are gonna be impatient and try to move out of a thin stock...
I expect it to wiggle short term but migrate higher in the long term...don't let the wiggles mess with your mind as they will strengthen it for the long term.
This post does not elaborate the number of shares left in the float. If it did we would be sailing thru a nickel in the morning.
But it's good news... They are more than cash flow positive...they are profitable.. And growing and are in the first inning of their company life.
Looking at that chart... A little overhead at .03 , then a little at ..044 , then nothing until .12.
And that chart is with full contingent of shares active.. So it its not relavent to 60M float with 25% of that tied up here...
.25 by end of year my target. Just let them do normal business. Gonna be good hold here.
Hidden gem.. Or one of those that show up few times in investing career.
I chatted with a web designer/developer last night. He is looking into how this works but called it a coagulator. That sounds medical to me but he thought it would be strong in growth right now but not proprioratary. The interesting comment he gave was if they do good growth in the business model the name Findit.com could be worth many times more than the company's net value.
Let him grind up some more brain cells. He is pretty sharp so I'll pick his thoughts after he looks more into it.
Interesting stuff.
No big deal about tomorrow's price..... If they grow as I think the PPS could be .25 by the end of the year.
They also most probably will get bought out. The FDIT guy I talked with yesterday said they could have bought the company out years ago for around $12M. They let it get run down and bought it a year and a half ago for $80K...
Nowthey have it running and growing at record pace and with more social media than ever marketing, They are "the right time and the right place" poster child. The buyout price should be $12M ++ again now.
Small business can afford relationships with them and capture all networking alliances in one post/search/PR or news cast.
We'll see. Mine will grow in number and are not trading position shares.
I'm very fortunate to have seen the news Thursday, studied it for a while and started buying Friday. ...
And throw the Findit name out to those local, regional, and large companies that use Twitter, FB and any social media sites for marketing and ad search. I sent two small companies to them today... A multi office full line insurance and a multi office mortgage broker service whose owners happen to eat at our breakfast on Tues mornings. Hoping both signed up or will sign up.
We can refer to Findit, and be helping ourself in the long run. Keep the Faith.