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looks like someone is accumulating MBAY right under .80. ACRA seller isn't aggressive below .80 either so it could bounce from these levels. Thinking about a small starter .78-.79.
keep an eye on OMOG guys. If it gets up to stacked .0145 asks it should be time to go IMO.
.0145 stacked heavy on the ask. If it gets a couple upticks and start hitting .0145 it'll be time to go IMO.
goodmorning everyone
hope they extend the date of the dividend. I bought 10M on Sept 29th and then a much bigger chunk Oct 1st, 1 day late to get the divie. If they still go through with the extension to October 15th I'd get the divie for 60M out of the 110M holding.
Anyone hear anything about the restriction time frame for those NHGP shares? It'll be interesting to watch NHGP trade. .0001 buyers who'll get the divident are up 2700% their original investment here with NHGP trading .27. Only catch you can't sell the shares for a long time and even if you could sell here, there wouldn't be enough buyers at these prices.
Noone really owns NHPG yet and I bet they will run it up hard. Recently there have been tons of new pink sheet promo stocks running from pennies to $1, $5, $10 and a couple even higher. MMs know PRRM investors will get NHGP shares sometime down the road and what a better way to make money than to run up the price as high as possible and start building up a big short position before PRRM holders can sell their NHPG dividend?
charts couldn't be set-up better for a nice recovery next week. After panic selling and nice consolidation OMOG should have some legs to run. Assuming it breaks through the 5/10 dma it should see at least .021-.022. Then pullback some and try .025-.026? .026 looks real heavy but a break over this level could mean big things for long term investors. Thoughts?
it seems that indicator mainly uses volatily to measure risk. OMOG is a very volatile stock and thats why its showing it as highly risky. But higher risk means higher rewards if you play volatily right. If you used this indicator when OMOG was .003 it would have had a very high risk rating too, unless it was just sitting there not moving for months.
pulled my MAUG bids at .07 wonder if NITE will let it drop down to .06.
send a buy to NITE for over 10k and it just sat there without filling. Changed it to 9900 and they auto filled. Tried another buy for over 10k and they didn't fill again. So I changed it to 9100 and this time they took out both asks with 2 partials. Scrabled to try to get some .065 but only got a 5k fill and it his .10 seconds later it seemed. Before paying .06 had some buys .05-.056 at SCHB, NITE and GNET but didn't get a single share.
I wish they'd take MAUG down some from here. Wouldn't mind buying a few more around .07. Low volume really bites sometimes when MMs won't fill anything over 10k on a cheap stock.
I only got 24k 19k .06 and 5k .065
MAUG bouncing from the bottom. think it'll stay over 10 dma this time for awhile.
looks like MAUG should finally be ready to go. 5 and 10 dma at .05. MAUG failed to hold up above 10 dma since it fell below 1.00 area. The big run started from .05 and there weren't any S-8s so the number of tradable shares didn't change much. Phone scam news obviously didn't help but it should be getting over that. It could have a little year end tax selling but its due a monster bounce soon.
still an awesome play. A few like that add up very nicely.
was thinking the same thing at .80. figured it'd try for 1.00 but seemed a little risky since I wasn't sure how they fill.
hehehe you were wrong, you might buy 3.75 today :)
OMOG should break very soon. Right at 50 dma support with 5 dma pressing down right overhead. Less than .001 range between the 2 averages. Volume has dried up too while its been consolidating and numerous shakes didn't bring out much of any sellers. Most of overhang should be cleaned up by now. A little push and it'll be on its way IMO.
they could still trap it here for a day or two but its going to have to break hard whether up or down. Volume has dissapeared and when it finally goes it'll probably run up very quick on the first few ticks.
OMOG getting very close to another big run IMO. Theres is less than .001 range left before it either breaks below the support or breaks out to the upside. Past few days looked like accumulation with some GOOD shakes along the way. Volume has dried up and lots of overhead sellers should be out the way now. A little push and OMOG should be off to the races.
calm before the storm. 5 and 50 dma are less than .001 apart.
timmage I am not suggesting anything more than what TC wrote in his posts. Thats a fact, not a speculation. End of subject.
good luck
timmage this is not speculation as I provided you the links already and if you don't like the content of TCs posts, perhaps you should take it up to him.
mgk65 please read over the board rules.
"#3: No posts on naked shorts or shorting or short squeeze or the tooth fairy for that matter. If you have a problem with this rule PM me, DO NOT POST ABOUT IT please."
This is not RB and thankfully the owner of this board is committed to keeping it clean by focusing on TA and FA rather than some phantom short story. Just look what happened during the last drop with OMOG. TC and his followers were busy blaming shorts on taking the price down, while later we find out it was because one of TCs buddies dumping 60,000,000+ shares.
mgk65 I am not trying to pick apart his statements. I just took his statements from different timeframes and they obviously don't match up.
On the November 5th he knew Baron was already selling. On November 6th he talked to Baron and knew he wanted to liquidate his whole position and quickly. On November 7th he made his Sunday post suggesting OMOG was already oversold and there was maybe 1-2 days max of selling left. Following week he was suggesting that continuous price drop was the fault of shorts. Then on the 12th he finally suggests that there is a big seller after OMOG bottoms. On the 15th he reveals his knowledge about Baron starting to get out on the 5th.
timmage perhaps this is the first post where he talking about knowing someone was dumping. While this post you are referring me to was on the 12th, TC didn't admit to knowing that Baron wanted out until the 15th. In his post on the 15th he refers to November 5th as the first day he noticed Baron starting to get out. 5th was Friday, day the big crash started and TC even mentioned talking to Baron on Saturday the 6th, about him wanting out and quickly. Even on the 12th he still hadn't fessed up about Baron.
So while you can keep trying to accuse me of misleading people here, I wasn't the one misleading. On the 12th he made his first post where he mentioned knowing someone big was selling.... That mention came AFTER OMOG already had bottomed .0125. The whole week before OMOG reached bottom he was blaming the drop on the shorts. A week prior to that he was predicting a quick turnaround. But heres his post on the 15th where he finally revealed his knowledge of Baron starting to get out on November 5th. http://ragingbull.lycos.com/mboard/boards.cgi?board=OMOG&read=184787
coinstarz some powerful PRs would be nice but it'd be even nicer if they stopped selling for a month or two to let the stock get of the bottom. If PRRM took off and broke .0002, volume would start skyrocketing as everyone would be jumping in on the bandwagon. At higher prices they would need to sell less shares to raise cash which would greatly slow down the growing float/OS #s. Also it'd be easier to raise cash with higher volume at higher prices. The impact of new shares would be much smaller.
If they decide to keep selling like this for the next few months I doubt PRRM will get much of a chance to make a monster run to a penny or anywhere close to it. It should still be good for a 10 bagger on a good pump at some point but thats about it. Lets hope they set it free soon and give it a chance to grow.
did you start taking up a position yet or still just watching?
BigTips I agree that some things are pointing to a downtrend start on Nov. 11th but not all.
OMOG is still holding above 50 day moving average and this retreat is very close to 61.8% fibonacci retracement(61.8% is right around .014). The bounce from these levels still hasn't happened and a move up after a longer consolidation is much healthier for a stock long term. We won't know for sure until OMOG either breaks/holds 50 dma and we see where it tops out if it runs from here.
I really liked todays shake which was a total set-up to create some panic. Not much sell volume came in and they just slowly brought it back up. Then finally towards the end of the day a string of consistant bigger buys started coming in. It seems like they keep taking the price down quickly on low volume and then slowly buying their way in this week. accumulation IMO.
Tomorrow 5 dma will be slightly under .014 and 10 dma around .016. Support is .0125-.013. OMOG is running out of room as it barely has .001 range before it has to either break below support or break resistance. It should start moving either tomorrow or Friday IMO. Slow stochs extremely oversold and ready to start heading up. RSI right by that important 50. 2 short term avgs right overhead. A little push and OMOG should have its mojo back.
and heres TCs weekly post on Sunday, 2 days after he found out Baron was looking to get rid of his 60,000,000 shares and QUICKLY. A prediction that OMOG will be turning around within a day or two? Then a note that it'd be nice to accumulate OMOG another 20-30% down but it wasn't likely to happen? Wasn't likely to happen right as 60,000,000 shares were about to hit unsuspecting shareholders? Is that why we went down over 50% from that point? He even had enough integrity to tell us it was the work of shorts.... RIGHT AS HIS BUDDY WAS DUMPING 60,000,000 LONG SHARES. It wasn't shorts taking your money, just a shepard herding his sheep.
By: tchauncy
07 Nov 2004, 07:10 PM EST
Msg. 182581 of 185423
Jump to msg. #
Sorry about the delay in getting a “Sunday Morning” post up. Actually I have been recuperating from a long night of too much Tequila. Only just got on the board about an hour ago and have been reviewing the posts since yesterday morning.
Not much new to add that hasn’t already been discussed re. OMOG specifically. As I said in my post yesterday, we seem to be seeing a continuance of the pattern to “slam on any announcement” that has been going on in this stock for quite some time. Percentage wise, so far, it is not much different than it was on prior announcements. Perhaps it may be a bit more violent this time, due to a lot of clueless “newbies” that came here by way of those several “hot stock” websites that invariably catch “momentum” plays after they have already gone up a few hundred percent. As I mentioned yesterday, I think we may have another day, possibly two, of attempted slamming, but while it might be nice to be able to have it down another 20 or 30% to accumulate more, at those levels, with the fact that in just the past three weeks we have turned over 770 million shares, or almost 100% of the total outstanding, above a penny, I don’t see it very likely to decline much more on this move. The last leg up saw the stock go from around .015 to .037. Normal T/A would suggest, on that violent a move up, a 50% retracement of that move could be expected. So that would put us right at .026.
Now normally, one would expect that type of pattern to happen over a longer period of time. Not two days like we have seen here, so perhaps a little extra downside momentum due to the violence of the move, might be expected. But also, it could bode well for a more rapid move back up from the correction as well.
Since, as I mentioned above, there is not much to add specifically about OMOG, let me touch on two other areas that have come up on the board in the past two days.
there you go
By: tchauncy
20 Oct 2004, 04:26 PM EDT Msg. 177156 of 177157
(Msg. is a reply to 177136 by cdn_trader.)
cdn - There is a large short in this stock and they are screwed. They know it. We know it. We are just playing around a bit with them while we are helping some HLSH'ers get some cheap stock while the ignorant are accomodating.
Just hours before this post his story was completely different, while the stock was at the highs for the day, before getting slammed to .012. BTW keep in mind that he is a former MM of many years who knows when bids are stacked and asks spread out stock is set-up to go down not up.
By: tchauncy
20 Oct 2004, 10:43 AM EDT
Msg. 176941 of 177157
Jump to msg. #
Well so far we are trading pretty much like we were yesterday morning prior to the big run up. The only difference is that we havn't been slammed yet, and the stock is definatly firming.
Right now we have quite a squirrly lineup.
Four bids at .015, one offer at .0155, one offer at .016, one offer at .0165, one offer at .017, one offer at .018, one offer at .0195 and then several .02 offers.
This may start going up sooner than expected. I guess if you are holding orders, you might want to start shooting a few.
watching DVERQ. should make a descent bounce from .05 area if it gets there.
good shake today but it didn't bring out many sellers so far. Volume still only around 11M at the moment. Sign that sellers are exhausting and any considerable buying should get us on the way back up. Looking really scary but stocks never look great when they are hammering in a bottom.
thats the best advice... many times your hole will get twice as big if you are trying to climb out too quick.
mgk65 its only my speculation?
Maybe you should rewind a few days back on RB. When OMOG crashed below 10 dma TC kept saying how it was the work of shorts and that OMOG will bounce back quick in a day or two. Of course OMOG didn't bounce back quick and as panic hit TC was supposively on the plane on some trip. After getting back just the other day he "confessed" that he knew his buddy Baron had started to liquidate a 60,000,000 share position when OMOG was falling. So while he lured everyone in and blamed the drop on the shorts, at the same time he knew a friend of his was dumping 60,000,000. Its not some wild speculation I thought of, just what I gathered from his posts.
Remember the day OMOG topped out .0189? TC was busy posting on RB how level II was set for a move up(when it fact it was the opposite) and how he thought it was ready to blow sooner than he thought. By watching level II I saw the same MM that accumulated before the pivot point break dumping tons of shares who most likely was TC or one of his buds. Sure enough OMOG fell back that day and ended up consolidating for awhile before the next move up. What was TCs answer to all of this? "I was just playing around and wanted to let my friends in cheaper".
And a huge short here is nothing more than a fairy tale for TC and his group to tell people after they get sucked in at the highs. I watched level II for a few months and when OMOG was trapped in that narrow range I saw massive accumulation going on. Whenever OMOG would get up to the top of the channel somebody would put up a huge sell and not let it break though. They kept doing this over and over again slowly eating up the float. Even back then when they were loading up they used the excuse that shorts were shorting and thats why OMOG wasn't goin up.
And lastly just because he owns a lot of shares it doesn't mean that he is working for the interests of little guys. He needs lots of little guys around so he can make money. Yeah if you make money its great but his intentions are more in taking your money than making you money. Why do think he stopped posting his buys on RB as OMOG is trading right by 50 dma? When we were trading high .02s and .03+ he was all over the board posting his 500,000 buys over and over again but not anymore. Maybe because it helps him out when you buy high and don't buy low? If he didn't sell high and buyback lower why would it matter to him?
2 more days and .03+ days in the 10 dma will be replaced by lows around around .015. .03 and .035 would be taken out and replaced with .015 or so? Over those 2 days about .035+ will be whiped out, which would get that avg down by about .0035 or to about .017-.0175. If we went another day up and replaced .026 close with another .015 it would get the 10 dma down to around .016.
It wouldn't be a bad thing if OMOG stayed down here for another 2-3 days and consolidated while 5 dma fell to around .014-.015 and 10 dma to .016. It would make for a much easier move up IMO. Instead of PPS getting trapped between the 2 averages it would most likely bust both the same day and we wouldn't have to worry about 10 dma overhead. This way after the first leg up we'd have stronger support below as well. As long as support holds here OMOG will be in good shape but in the meantime it might be a little difficult wathching the shakes.
out DVERQ .109.
in DVERQ .11
MAHI tried 3.89 for exit but no fill. got +.19 with 3.69 exit. see you all in the am.
MAHI small nibble 3.5
watching MAHI