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This is a BUY Ow the company is acquired no more bankrupt risk and possible operation starting again!!
Potential is huge CEGX of operation run again could move fast to previous 0.10-0.20$ range!!!
CEGX LOONG
LOADING HERE CEGX!!!!!
Chart is close to HOD and OWCP could close above 0.24 ON 52 week high; Stock is trending even short te this is a big buy now.
I am holding long term expecting to gap to 0.50 as soon as we break 0.30
No dilution here, no more T trades!! Holding gain very well and trading on a different level !!!
Solid support here for NEWC
Low 20s are a screaming buy now
NEWC EPIC RUN COMIN
MINE OPERATION REAL AND BIGG REVENUE IN 2017
Great DD on OWCP!!
All guys watch NDEV, once OWCP closes above 0.22 and establish a new High on the daily, everything is possible! Similar chart like NDEV once broke resistance run to DOLLAR!!
Congrats to all longs, FUN PART IS STARTING NOW
Stock holding massive sub penny gain in an impressive way!! MOVE BREAKOUT UP
So now that the mine operation begin very soon and we see 2M$ monthly revenue, you will realize that the coal is a booming sector and they got a great signed deal..see you at 0.10$!
After these days high volume chart is becoming extremely bullish and this stock is a strong buy now
Nice consolidation day with strong support showed in the 021-22 yesterday range! Some profit taking will probably regret next week when buyer will buy the tiny ask UP to 0.03
Reversal is confirming for the non-believers that OWCP IS NOT GOING DOWN AGAIN TO 0.1$ but is still climbing the third wave of Elliot (strongest) to 0.5$ and Blue sky territory
*Opened the position in Mid December; on the 6th
DID YOU READ THE MASSIVE YESTERDAY NEWS. BEFORE TALKING??
Lack of intelligence
Make you a favor, read the PR and BUY NEWC
Amazing 10Million volume selling pressure in 30minutes and we are down not even 2% after 40% yesterday gain!!
It means these prices are so much cheap and we are just in the middle of the run!!
Once we turn green, is off the races!!!
Big boys is continue to load the 0.023-0.024, he knew some small retailers gonna sell and is buying all, stock is holding buying pressure will increase!!
WOOOOW
5Millions Volume in 10minute trading and it has only lost 0,1penny less than 5% retracement!!
Expect the day to be insane
This is accumulation time!!
Hoping management clarifies with a PR the latest progress and sales
Agree, especially now BELOW 03 will soon look so cheap!
So happy because I double my position in sub penny!
Going up at the close breaking running to 0.05started!!!!!!!!
Profit taking is logical after 25% daily gain!
Right!!!
In addition today CHART is indicating higher lows!!!
+25% is going slowly? LOL just wait dven if we don't break 0.022 today we close HOD and gap up tomorrow
in the 5min chart bullish is trying to break 0.022 resistance and run to high 20s
already 20 Millions in Volum today , just amazing!!!
Well my dear, I am long term investor here nad follow fundamental:
Considering a declared contract with defined revenue and doing some math (see previous posts) they are selling around 50,000tons from April to December at per months at 180$ per ton and the cost of extraction depending on the site of the coal delivered to the port is well below 100$ (40 to 80$ per tonne). Even reducing the number of tons of a factor two considering that (according to the PR) they will not produce more than 10,000 to 30,000 in the first months, this makes:
25,000tons * (180-80)= 2,500,000$ revenue PER MONTH
Did you realize this company has a Market Cap equivalent to their Monthly revenue at 0.0160?
How do you expect NEWC to downtrend now?
I understand your prodent approach but your are missing a lifetime opportunity imo
I agree, chart is bullish, resistance is broken and now it is holding/consolidating above 0.02$ with decreasing (but good) volume!
Very low risk of downtrend considering fundamental and amazing potential !!
it could close the day araound 0.03$ already as soon as volume wakes up again!
After today news and yesterday 8k NEWC will clean out all rumors about fraud and not being a real company that kept us here in penny land!
This opening Gap Up is the indication and confirmation that of the uptrend chartwise in the daily!!
Next resistance is just below 0.03$ and then we will move again to the 0.042 resitance which we couldn't transform in support last month.
Anyway after last 6 weeks retracement chart look great and holding in the 0.04-0.06$ range will be easier considering that the huge gain has been already consolidated!
Once 0.04-0.06$ range is estabilished and revenue is in the pocket NEWC will move to dimes 0.10 and above
NEWC LONG AND STRONG
Holding 2Millions
Sheep, If you open or close your trading position based on the luck, is not a good strategy, find a good long term pick like OWCP or some other solid company and stay long and patient you will see, whish you all the best!
Myself I am up +350% in OWCP and plan to stay long for two three quarters before revenue come and then selling
Okey Acheron sorry, I apologize my mistake I confuse your account with another, I just checked, sorry again to disturb you
I believe any dip will be bought quick and we should have a solid day
you are gonna to miss it come in below 02 if you lucky
Yes, Christmas ahahah
Chart reset is great expectbhuge move up now that all has been bought already up to 0.020
0.020 soon
Congratulation to everyone who bought the new BOTTOM below 0.10 and is believing in the reversal here
BREAKOUT with volume from here!!
018-022 soon new range!!
Totally! Accumulating along this steady grow is wise and profitable!