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Looks like we may get a green close today that would comfirm a reversal. GO BANY
BANY's end of year is DEC.31 , but like most companies that are bleeding file late. Hopefully we will get this one on time , JAN or FEB.
I think investors thought if it was going to tank , it would of been yesterday *bottom formed* , testing 50 day long enough.
I wish I could change history, but Dec. the worst.
Any buying on the ask ,PPS is going to move.
Just no buyers here YET.
I own paper routes.great money and I'm off the clock at 6a.m
GOIH went to .09 and they have close to nothing that I can see except a Naked Short and maybe 10 million in tax credits. Our 10q could show 10 million in REVENUE right now. Will not file till 2007 , but I'm sure we will get a glimps into it via a PR.!
I have many millions of shares ,thanks to the dips we are seeing. Do not believe we are going much lower.Will add more at .0026. But I don't think we will get there.
Try and remember it's December and a lot of companies in penny land hit bottom. Should be up after christmas , I hope.
Looking to retire soon on this one , or at least work 40 hours.
Next PR should help you decide / and 10Q.
The way I look at it is 200 days ago it comfortably held .02.
There was a 1/4 of the shares out then to now , But now they are making money so I think profits will over-ride O/S.
Question , Don't trade to many stocks that trade under a .01 ,But someone is coming through with 25 million blocks on average of 1 a day. Looks like a sell but translate in my charts like a buy on the ask. RSI , moneyflow AND WILLIAMS% all seem to strenghten and PPS usually trends up?????? Any input , is that what dumping CD's would do????
Now if we can get DOMS off the ASK???
I know there is no logic to this ,but arca is on the bid now and when he is we go up...
Just recieved FDA approval, right now there is only under 100 in circulation.
I guess this is part where we get a block buster PR and live happily ever-after?????
Cargo , great post and I (who holds many shares and will hold till .02 or better)hope you are right , but in my experience the 50 dma is benchmark.In my post I said intra-day , which means being red and possibly turning a corner to green for the day , one way or another I look for a very bumpy ride the next two weeks.I also at this point with my avg. at were we are to date am looking to double if 50 mda is breached.
Question: Almost every company is crying the Naked Short issue (GOIH , comes to mind). Haven't heard any one talk about BANY and a NS . Is / could be a NS?????
I 've been kinda thinking just the reverse. that PPS has to fall to its 50dma to spark some buying from investors that will wait till then.I'm holding more shares than I care to think about, and powerful news Monday would be nice. But I believe we will intra-day drop to the 50 day (.0027) and then reverse course.
Kinda like GOIH the other day.
Yesterday a order went threw ( and pretty sizable) at .13.
It set of my alerts.
I just use E_Trade , and every 3 months or so , I take a full 10 hour day and bracket all the stocks I can find. Then Bracket them to extreme lows and marginal highs , so my account alerts me when a pps is in a short break out or down some 50-70%,It helps me to do this because the stock market is to big to radar that many companies. The f-uped thing here is my price bracket was not met.Putting DC on close radar , looking for a short 50-100% break-out.
I almost never buy PINKS , some OTC but not pinks.I need a little more transparency when I buy. I though even pinks had to report delution ,but I can't even find that yet. Like I said I'm going to put on my radar and buy on weakness.easy 200% gainer if PPS drops to .025. GLTA
Anything can change around here. Companies still on track to follow through..
DCBI ,came up on my alerts. But I,m not sure why . Anyone have anything they can tell me , can't tell if DCBI is pink or Otc.
Looks like they don't report or haven't for a long time , but havn't been pink for very long.PPS looks ready to pop. I'll look around.
Anyone ever try it , I drink energy drinks all the time(Helps when mountain biking)but they taste bad. Dickens any better????
How can you tell me a .01 is out of reach when over the last 7 yrs BANY has been trading much higher than a penny and right now thier future has never looked brighter.
Look at the 15 min chart , that was a buy , also our ammumulation spiked up big.MM going to run soon.
This is the sell-of before the break to .01+++++ ,
Someone said charts are no good here in pinky land , but the charts I'm looking at suggested we had to touch this level again before going higher.
Once the buying starts it may very well not stop for awhile with a company turning to profitability in a month or less.
Hopfully they will file 10q on time...
I'm averaged in nice and hoping the ride up starts soon..
This company really needs to be more active with PR's and shareholder updates. NEWS drives stocks ,
Not sure about the margins yet , but the company has stated that profitability is right around the corner in 2007 ,
From thier latest filing:
Our operating activities have not yet generated a positive cash flow. We expect that they will generate a positive cash flow by the end of 2006 since our recently acquired diagnostic testing business has generated a positive cash flow.
I would think about getting in now personally at below .004. With 500-2000, VT3000 looking to move this year , I'm sure the street won't take to long to price that into the pps @ 40 million in rev's alone. Not to mention over-all good growth from Premier.
BANY reminds me of a baby CMGI a little....The share structure and the earnings growth that CMGI had at one point.
http://finance.yahoo.com/q/ks?s=CMGI
Revenue from our Diagnostic business as reported in our recent 10Q filings have exceeded $5.4 million on an annualized basis, this additional income will help us turn the corner to profitability. Within 5 years, the market for the VT3000 could exceed 2,000 units per year and produce a yearly revenue in excess of $40,000,000."
It's a little hard to say at this point , but I think that shake was/will be the best thing thats happened to me in a long time.Missed the first run up. How did it happen a quality companies price per share go to .001 anyway
TIME will TELL
I'm with you. It was clear to me his involvment here.Be really suprised if we don't finish better than even today with him gone for know
He's out of the way and its up from here, notice he went to a little over apenny.
YEAH that was me!!!
and so far we are on track.MM are in control and .009 is what I think we will retest once bottom forms this week.
8:30a.m
Today I see more panic selling into the low .003's or the high .002's before lunch (I'm hoping we just go up but the PPS was only down 6% yesterday).I believe the volume today will be at record levels for this company at over 200 million , so were we go after lunch is anybodys guess. I believe today we will see .009 or higher.
Lets just say I'm in...
If ARCA moves lower than .0031 with his 99K signal ,I'm going to jump out my window.
I think ARCA is in charge today and .0036 low with high in mid .004's. Should be higher but MM games continue.
Can you post the phone number and the names of the people you talked too.
ARCA is moving around with his 99K
Forget about the bid whacking , to many stacked up at .0045 . Set your sights higher please.That wall is going down.IMO
100% not 200% , happens every day. And we may have bottomed yesterday @.0039 I hope. The good thing about a decline this morning is
1. I can add more to my position
2. confirmed bottom
Active level 2
almost a 100% chance we stay green today IMO.
Looks like MM were just short.
I know it sounds off-the-wall , but that is what I see in the charts. I'm not saying we will close at .009 , but the charts are suggesting we need to re-test a penny. And when/if MM decide(I always put MM as the wildcard)to turn this north, I believe Bany will have the volume to do this.Also we are using a model of 483million shares out or so. I believe the audited share count is less.
My take on yesterday and today FWIW
First I had a buy at the ask of 750k@.0042 that would not fill. In the past when this happens it is almost always a signal that the MM would/are going to take it down.So I cancelled my order and left knowing the PPS was going down(2:30 or so)and went and took a hour and went shopping knowing I could come back in a hour and the bid would be lower.Came back to panic selling with everyone saying the technicals are broken we are going way down ,near close I added to my position because the PPS was only down about 6% from the opening. The reason the PPS didn't go up yesterday is because there was no buying preasure period.And the buying at the ask (like I tried) was not going through,So bottom line is no BUYING preasure and MM muffling with the BUYS anyways.
Today I see more panic selling into the low .003's or the high .002's before lunch (I'm hoping we just go up but the PPS was only down 6% yesterday).I believe the volume today will be at record levels for this company at over 200 million , so were we go after lunch is anybodys guess. I believe today we will see .009 or higher.
As for MR.Caps , I am not sure why he told anyone that he sold his position , and I find it very hard to believe that anyone that watches these subpennies is in BANY above yesterdays open price avg.I only invest in sub pennies that are making money and do not trade for a living and my avg. is .0039. So the real question to MR.CAPS is if his avg. was at a point that he was down 50% or so , Why take a loss and not avg. in today or the next and make your avg. in the .004 range?????
Last the toxic funding , this company is dumping shares period. But they are disclosing it so that it is public info (I like that). You can not show me one POS that never dumps shares. The bottom line is they have a HOT product NOW and what appears to be 300% growth.
That me and I cancelled it 5 minutes ago with no response. I have to step out. I think I'm half filled and they aren't going to cancel it or fill it . not sure but I have to go.Was all or none.