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I will hold MCP until "official" announcement is made by the company.
MCP up 10%.
MCP up 7%. Here we go!
Looks to me shorts are covering.
MCP up 5%.
I will trade until "official" announcement is made by the company.
GLTA
Here we go! Hang on tight!
Buying opportunity at current price.
I think FREE will go over $0.10 short term.
Looks like morning profit taking by daytraders is done.
Another run up coming!!!
Close above $0.06 will reverse technical trend.
Close above $0.07 will be "Holy enchilada"!!!
FREE looking for intraday support.
A positive green close today will bring more buying pressure this week.
Look at the volume increase!
1.4 mil average and we just blew through 3.5 million shares!
Woohoo!
We break $0.10 and we take off!
FREE rebounding.
FREE up 20%! Potential rebound.
FREE up 23%!!!
Could happen, never know. It's looking favorable.
I have traded FREE before and made a lot of money.
The shipping sector has taken a hit but so has solar, biotech, etc. and they do EVENTUALLY rebound.
Looks like company is working hard to improve their operations and the new investor agreement should help.
I think we go up from here.
Load up people and don't cry later!
All aboard!
FREE up 17%!!!
MONEY MADE, good to see you on the board!
Looking good for FREE with increasing buying pressure.
Load up before the train leaves the station!
NEWL moving up for real.
Load up for the rebound above $1.
Here we go!
Looks like NEWL finally hit bottom and rebounding.
Load up for the ride back up.
NEWL green and rebounding from 52 week low.
NEWL green and rebounding!
FREE and NEWL rebounding.
I agree. Just took profit from FREE rebound and bought NEWL this morning.
Hold tight now.
I bought this morning in the low 1.50s.
Keep in mind that those of you longs who bought higher, this drop is painful but for new money looking for opportunities, this drop looks attractive and may/will bring in more buying pressure.
Just look at what the stock did today. It steadily gained all day despite the selling pressure. Once the selling is done, I am anticipating a rebound.
Hold tight.
Welcome aboard. Looks like you bought at the right time as FFFC is ripe for another train ride.
JVA rebounding
Watching FREE, LDK, VICL for rebound activity
Finally KABOOOOOOOOM!!!
Bought more shares on dip. I am ALL IN.
Here we go!
YES, bouncing RIGHT NOW!
And here come the buyers with volume increase!
Many that took profit from USEI / EAPH maybe looking to see what other stocks are due for a pop as both USEI / EAPH are taking a break for now.
And guess what? FFFC is at intraday's low - relatively easy pick for a buy at this point for a ride back up to .003 - .004.
Remember yesterday's 60% pop?
Many MMJ plays falling today or not gaining as much maybe due to USEI's huge gain today along with EAPH's continued gain pulling buying pressure from other stocks (I took enough profit from USEI to buy my wife a 4x4 truck she wanted).
I am still holding a large USEI position with gains but FFFC is my primary position again as of this morning.
Took HUGE profit on USEI and buying FFFC. I have a feeling many will follow.
I have a feeling we go up from here (I see other pot stocks selling off big time, that's why) :)
There was a lot of gain from yesterday.
I am sure many took profit this morning. There were several pot stocks that gained this morning and the profits may have gone to buy those but as they take profit intraday, they may look around and come back to USEI to push it back up if they see that it bottomed.
Time will tell.
WPCS chart indicating BUY - MACD line crossing above signal line and MACD histogram about to go from negative to positive, my buy signals.
Keep in mind that stock prices gain in anticipation of future developments and revenue increase.
Here are some key bits from the article - http://wallstcheatsheet.com/stocks/wpcs-international-another-step-in-the-right-direction.html/?ref=YF
"It is about to turn things around
WPCS International fully anticipates a launch of the BTX Trader platform, its revolutionary Bitcoin trading platform, in the second quarter of calendar 2014. Currently, the stock is at $1.41. It has dropped like a rock in the month of January, with a lot of short action. However, when positive news starts rolling out, expect the stock to swing much higher as news about the platform is released.
While the BTX Trader development team works diligently to prepare for launch, WPCS International is taking other measures to ensure potential growth of this segment of the business. To protect its investments and ensure all things are accounted for properly, WPCS International has taken a huge positive step forward.
A world-class accounting firm has been hired.
We learned on Thursday that Marcum LLP has been hired by the company to serve as the new accounting firm for WPCS International. Established in 1951, Marcum is a leader with an outstanding reputation at the national and regional levels. It is ranked as one of the largest firms in the New York metropolitan area (Crain’s New York Business), the greater Philadelphia region (Philadelphia Business Journal), the New England region (Boston Business Journal) and the Southeast (South Florida Business Journal). Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation.
In fact, it is ranked among the top 20 in the nation. Marcum LLP offers the resources of 1,300 professionals, including more than 160 partners, in 22 offices throughout New York, New Jersey, Massachusetts, Connecticut, Rhode Island, Pennsylvania, California, Florida, Grand Cayman, and China. With headquarters in New York City, the firm’s presence runs deep, with full-service offices strategically located in major business markets. This was the piece of good news that WPCS International needed to start forming a real bottom, in my opinion. On a day which the Dow, S&P, and Nasdaq are down triple digits, WPCS International is up more than [23] percent. This stock will trade higher on good news.
Look at the frenzy that took place last month, when WPCS International announced it got into the Bitcoin game. Understand that when BTX Trader comes to market and then eventually monetizes the platform, WPCS International share prices will rise significantly.
Monetizing the platform is key
When WPCS International gets its Bitcoin trading platform to market successfully, can WPCS International monetize its Bitcoin trading platform? Yes it can, but it may not happen immediately. Right now this stock is going to be news-driven. Very profitable trades will be made in the next few weeks to months on each piece of news. That is clear, because with such high risk comes potential reward. For longer-term investors it may take years to see real gains, but I think it can become a real growth company if it starts pulling in revenues from its Bitcoin trading platform.
The company needs cash in the short-term. The company’s backlog of orders will provide some revenues to sustain the company, but I suspect a share issuance will be needed. Despite the further dilution that will come from this move, we are interested in the future expectations of the company. WPCS International should do what it takes to get the BTX trader moving as more and more merchants and companies are accepting Bitcoin. The company’s hiring of a world-class accounting firm was a huge positive. With the company cleaning up its act and changing gears, WPCS International has the potential to be on the forefront of the revolution in digital currency trading."
Instead of NEWL, consider FREE or DRYS.
Both DRYS and FREE are looking to rebound technically and I would watch and buy as MACD line crosses above the signal line and MACD histogram crosses from negative to positive.
WPCS chart looks good for rebound. MACD line about to cross above signal line (my primary BUY indicator).
Perhaps rebound to $2.50 - $3? :)
STRONG BUY
Wow, insane buying pressure!