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My theory of ~15c plus today didn't materialize... Oh well, can't be right all the time lets see what next week will bring. Have a great weekend y'all!
Check out pretzelcharts.com. That's THE best EWT you van get. Maybe we are in wave 2 up.
I agree. It nailed my 8c gain prediction from yesterday Nice to be right for once in this otherwise crazy market. Hopefully ~15c+ tomorrow with increasing volume. This looks like a great set up for going parabolic: slow at first then ever increasing! Make sure to take profits somewhere along the road people!
Insane indeed! I was about to go short and then WTF.... Just shows in how bad a state the market actually is..: just whisper " more crack" in the ears of the crack addict and he/she will come to live like a madman, ready to OD on the last dose of free money.
Or since when is it normal that markets rally when an entire decent sized country and it's banks are in such deep yoghurt that they need to hold their hands up... Or otherwise its over... This is madness and will end really, really bad.
But, like it or not, don't fight it we are just small fish swimming with the sharks. So when they say it's time to go long, go long. Stay realistic!
I disagree somewhat. Given the prior trend of around +5% per day (plus or minus 2) that be too much; almost 25%.... Probably more like mid to upper 4s. Otherwise the candle will burn up too quickly IMHO. But, weirder things have happened... And I'll be the first to admit I am wrong.
Thanks! Me too. Lucky guess, I think. Let's see if we can get ~15c tomorrow!? That be sweet!
Thanks! Me too. Lucky guess, I think. Let's see if we can get ~15c tomorrow!? That be sweet!
Glad to see a lot of new chat activity here today. I think this ticker has gotten people's attention and I see familiar faces from other boards! Enjoy the ride folks!
Welcome to the slow grinned up. As long as it keeps on going up, you are never too late . I've been in ever since $2.20 level and flipped it several times for 10% gains
Now I'll let it ride!
Splits are often to bring the pps back or up to levels that are more in line with other companies' pps' as well as to allow smaller investors to buy in again. % wise your gains will be bigger (see my previous posts).
Say the forward split brings the pps down to $1.25 (from $5). A 25c increase in share price will then give you 20% gains, instead of 5%.
Other than emails I don't know.
Thanks! Currently I am on the side line with market related tickers; one day up, other day down, then up again... Ugh I'll wait till a clear trend establishes it self.
.1975 hit as you predicted. Sweet!
Thanks! My goal is still 100% (holding from 1.50). Depending how things go $3 could indeed be realistic. But, we'll have to track day-by-day since we are getting closer to the end of this play IMHO. If it won't get to $3 I'll be happy with anything we can get: profit is profit! if it goes well-beyond $3: great! I'll then start scaling down my position as the risk-reward will become to high at those levels.
Thanks! My goal is still 100% (holding from 1.50). Depending how things go $3 could indeed be realistic. But, we'll have to track day-by-day since we are getting closer to the end of this play IMHO. If it won't get to $3 I'll be happy with anything we can get: profit is profit! if it goes well-beyond $3: great! I'll then start scaling down my position as the risk-reward will become to high at those levels.
Check the All Things Awesome (ATA) board, they can tell you.
Yep! Bingo! When 1.70 goes; game on IMHO.
Or see it this way: today was a 4c gain. If it goes parabolic (say doubling of daily gains each day), then tomorrow we could see +8c: 1.75. Friday: +16c --> 1.91. Monday : +32c --> 2.23. Tuesday: +64c --> 2.87. Wednesday: $1.28 --> 4.15.
If the promo runs to next Friday it could go all the way to almost $10... This is pure speculation, but just to show how fast a parabolic doubling goes. I am probably out before we hit that though!
Who is your source? I get my updates from world street fundamentals. I am new to them, but sofar I really like them; solid, deliver as promised, and nice and steady gains.
Does anybody know who's really behind this promo? WSF's disclaimer states they receive $50k per email from Woodman Trading LLC. I am unfamiliar with them. (btw, that's a serious promo budget since I've received 10s of emails so far, often daily or even twice a day!)
Don't worry; there always will be bashers. It's normal to have bulls and bears, otherwise the markets won't work. The more a ticker goes up the more bashers/bears will come out of the woods. It's part of the game. As long as the attacks don't become personal it's all fine.
And who knows what Citron's agenda as? Maybe they want you to short it, so the short squeeze can continue!? Try to think like a crook who is stealing from crooks, that's how the markets work.
IDNG held real nice to day; had another shake out of weak hands, maybe trapping more shorts. It came real close to its previous high of 3.85. If that breaks (I expect in the next day or two or so) then we're in blue sky once again!
Also remember the 80/20 rule: if a ticker hits 80, it often goes to the next higher 20. So 3.80s should bring us (at least) 4.20s!
Final word; just know your exit strategy in plays like this! Don't become greedy and Stick to it!. If your plan is flipping for each +10%, waiting for +100%, or whatever; stick with it and sell when targets have been reached! And don't look back if it hits another 50% or so.
My 3 rules:
It ain't a real profit until you hit sell.
I make profits because I sell to early
There are bold traders and old traders, but there are no old bold traders.
Happy trading y'all!
I agree with your EWT analysis of the market. However, I don't think the current president has or can do much about the markets. His hand puppy -Bernanke- has now pumped $3 trillion in to the stock markets and see where it got us!? It's become a crack addict that will only run when more crack (money) is printed. None of the bull runs since the 2009 low are based on sounds economical (growth) data.
QE1 lasted 13 months, QE2 lasted 8 months and LTRO1, 2 gave a 5 month bull run. See the fibonacci sequence (13, 8, 5)!? If and when the next and final QE will be announced, it will only last 3 months and add ~150 SPX points. IMHO that will happen when SPX hits mid 1200s, thus bringing it back to 1400s at the most.
This final QE, money from "heaven", will send the markets and us all to hell! Probably back to the scene of the crime: jan' '95 levels (400-500) when the market for what ever reason started to climb, climb and climb.
I also agree that one should trade the trend and not once believes. Yes, the current trend is down, until proven otherwise!
Good TA! 1.70 is indeed key.
Nice day! closed exactly where I wanted it to close (i was thinking 1.67 would be sweet! and it did). Hopefully the climb up has started and it will continue. Remember, parabolic moves always start of small and increase in bigger and bigger steps. I am hoping mid-1.70s tomorrow.
nice day, too bad that pesky last sell order for 1000 shares made the day red. otherwise lots of very nice 10-20k+ blocks of buying all day; all at the ask. closing prices have been above 50d sma over the last 6 trading days and the 20d sma is now only $0.001 below the 50d sma, looking good IMHO
yep! WE'll hang in there Jeff. this will be fireworks soon IMHO.
ONCS: Orphan Drug Designation Biotechs For Investment Consideration
Article in seeking alpha http://seekingalpha.com/article/654481-orphan-drug-designation-biotechs-for-investment-consideration
"OncoSec Medical, Inc. (ONCS.OB) continues to develop its electroporation technology for administration of both chemotherapy and immunotherapy treatments for cancer tissue via its OMS ElectroChemotherapy and OMS ElectroImmunotherapy platforms, respectively. Like Multikine, OncoSec's most advanced clinicals are in head and neck cancers. They have completed one Phase III trial in the U.S. using their ElectroChemotherapy platform with Bleomycin as the chemotherapy agent of choice. The company is currently analyzing the data and intends to present it at the 5th International Head and Neck Cancer Conference on July 21st-25th. Although the company hasn't yet received Orphan Drug designation for its product, this data presentation will likely be a huge catalyst for this $10 million market capitalization biotech. Not only would this offer investors the chance to ascertain marketing approval chances in the U.S. and beyond, but it would also further validate the OMS platform of treatments for not only the obvious in-house clinicals, but also for licensing and acquisition possibilities. Positive Phase IV datafor primary and locally recurrent squamous cell carcinoma of the head and neck were presented on April 23rd of this year with data indicating comparable efficacy of the regimen in both arms (OMS and SOC), with less cost and fewer side effects and much less disfiguration. This data could be construed as a possible preview to the upcoming presentation in July. Share price upside between now and then is likely to be positive as investors anticipate the results."
you are welcome. i hope I am correct with my analyses; today was a bit confusing, but could be an a-b-c pattern in the making,
johnny, i agree. now is really the time to see a nice sequence of green candles. to be honest, this is the slowest promo i've experienced E V E R. Please see the ticker I moderate (IDN$) and pull up the daily chart; now that's how a good promo looks like: nice and steady around +5% green almost everyday day, with occasional 8-10% and some days -2 to -3%. Beautiful. APS please take a look and you may learn something!
thanks garyst, that coming from you means a lot to me. I am glad to see other members appreciate our as objective as possible insights and as factual as possible analyses.
As usual, lol!, I agree with Gary. This has to move north very soon IMHO. And I also agree with other posters (e.g. Ken) that "just" $2 isn't enough. If it is all there will be; fine that's still a nice 30% green for me, but not even close to the 300+% I'd counted on given APS reputation, etc.
That said, no reason to panic yet at this stage in the promo. Give it 20-30 trading days (4-6 promo weeks). If nothing happens within that range I'd start wondering for sure. Right now it's getting close as today was the 20th trading day in the promo. SNP$ ran for 28 days, LEX$ ran for 25 if I recall correctly. All these plays really fire up in the last week or so. Thus, they better start cranking this thing up. Given APS' reputation and previous plays I don't think this will run much longer; so until late next week is what I'd give this play.
Also, the disclaimers in the promo emails state a compensation for a 2 month period. After the dump, they'll keep on pumping it for around 2 weeks, just so nobody can claim they stopped pumping after the dump. Do the math and it's thus max 2 more weeks of price manipulation, and thus around the end of next week is a logical target for GWBU to reach its top price (what ever that will be...)
On the other hand, there is a 1st for everything and maybe this will be a multi month APS promo. But, given the above reasoning I give that a low odds.
What does that tell you? Shaking out the tree (weak hands) so it can continue it's move north. $4 here we come!
Yes I agree! That's what I wanted to get across but I couldn't get it out of my "pen" so to say. Thanks for clarifying!
Nice consolidation today; which is very healthy IMHO after several green candles. Anybody noticed the 60,000 shares buy order that went through @ 3.73...!? That's some serious cash. We may churn at this level for a few days before the uptrend continues IMHO.
Nice! Good day: it was mostly selling and still managed to end higher. Looking good IMHO.
Thanks! I always look forward to reading your posts! I am trying/hoping to add something to them with some objective TA or outside the box thinking so we can bring a solid voice of reason.
I agree! (But don't you and I agree most of the time since we are patient and sane if i may say so of myself and you!? ) Anybody noticed btw that GWBU is now basing around 10cents higher than last week!? Will rip any time soon IMHO. If anything, given the promo size and APS' reputation, maybe they are now trying/toying to build a real chart here: with MACD, SSTO crossing over etc. Just look at the bollinger band on the daily chart: starting to become real narrow, thus the chart is setting up for a massive move (coiling up, like a ratte snake ready to strike). In addition, a nice triangle is forming with decreasing volume; just like last week. And what happened when it broke: boom from low 1.50s to 1.95. Now it's at low 1.60s... do your math everybody.
yes it means they (the MM's) have soaked up all the sold shares and will sell them again at a higher price. the selling you see at lower price is just them moving around shares (book keeping purpsoes or what ever) this activity has been going on for weeks now. As long as it happens the game is still on IMHO. Or in other terms; don't worry about it, see it as a good sign!
Shake out today at the end; to be expected as it is impossible to keep on going up like it did for the past week(s) without any real (major) selling. Stay on guard.
Yep! Here comes wave v of wave 1 down. Time to go short IMHO and buy SPY at much lower levels; corresponding to SPX of ~1250 IMHO.
I agree. Sold my longs at $133. Up $2 in 3 days! Not bad. Re-assessing my wave analysis and think this was top of wave iv this morning with v-down now to come to 125s. Then big run to upper 130s.
I agree. This puppy hasn't seen any parabolic action yet. And with that I mean at least (!!!) 2 days with solid double digit gains or more. I often sell on the 2nd or 3rd big day, depending on when they happen in the promo (e.g. Early on in the promo then I hold it since we'll see some dips but much more rips, but if late in the promo, say after 3-4 weeks, I'll sell on strength).